An automated police run system is stopping 450,000 cases from being investigated by police officers adequately, and the cause is an unprecedented rise in financial crime.
Home Office Minister Ben Wallace released the figures after being questioned about whether or not financial crimes in the UK were being dealt with properly. A Lib […]
Have IVA’s been mis-sold ?
Thousands of people may have been mis-sold debt repayment plans which were too expensive and could be due compensation. An industry regulator has found that some customers were given inadequate debt advice and charged large fees by firms offering IVA’s (Individual Voluntary Agreements).
An individual voluntary arrangement (IVA) is a formal […]
A new report states that £500 Million has been stolen from customers of British banks in the first half of 2018 alone.
Industry group UK Finance says £145 Million of the stolen amount was due to APP scams, or Authorised Push Payments. APP crime is the fastest growing type of crime and these […]
The Financial Ombudsman Service has upheld a complaint bought by five individuals who lost nearly £100,000 after transferring their savings following a free pension review.
The decision made by FOS could offer hope to thousands of other victims, who have lost their savings in SIPP’s, a successful way to claim back their money.
The […]
Five men have been jailed for a total of nearly 18 years, following a criminal prosecution by the Financial Conduct Authority. They have been found guilty of scamming more than 170 victims out of £2.8 million, in a complex boiler room scam.
The judge said “Some victims lost everything they had” and “their […]
Police have been called in to investigate after a couple from Bristol lose a holiday home and £272,000 in life savings, after the collapse of a £10 million foreign exchange firm. Civil servants, Bryn and Trish Pailing were fortunate enough to retire early and were about to complete the purchase of a […]
It was one of the busiest weeks of the year for Eurotunnel but travellers were left frustrated when their holidays got off to a bad start.
Massive traffic jams formed on the M20 near Folkestone, in Kent, with drivers abandoning cars to seek shade, on the hottest day of the year. Some passengers […]
You are able to pursue a claim yourself to the Financial Ombudsman Service without incurring a fee
