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Post by Ace on May 23, 2023 7:44:34 GMT
at least one of them WAS guilty on Count 1, so the funds are the proceed of criminal conduct. That's the opposite of what the judge said though. He said if at least one is not guilty on count 1, then neither can be convicted on count 3. If you're not sure there's fraud by at least one count then you can't find guilty. If you are sure of fraud by at least one count then you can find guilty.
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IFISAcava
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Post by IFISAcava on May 23, 2023 8:11:08 GMT
at least one of them WAS guilty on Count 1, so the funds are the proceed of criminal conduct. That's the opposite of what the judge said though. He said if at least one is not guilty on count 1, then neither can be convicted on count 3. I think you can read what judge said both ways, but common sense says it only takes one person to get the money by fraud for that money to be the process of fraud.
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Post by northender on May 23, 2023 8:56:50 GMT
Where does this leave us now with our claims against the FCA? It was their poor management of the register, which allowed changes to be made by the companies themselves, that enabled Collateral to be viewed as legit. Also, what about the website/database being trashed, and the cost to try and re-create it? Surely someone was at fault for this act?
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duck
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Post by duck on May 23, 2023 9:22:31 GMT
Where does this leave us now with our claims against the FCA? It was their poor management of the register, which allowed changes to be made by the companies themselves, that enabled Collateral to be viewed as legit. There is no change, the trial of the Directors is a totally separate matter. Whilst there is still the posiblity of appeals I have to be very careful what I post but there was some interesting new info in the Court reporting. It is also unclear as to when the FCA will start to reply to complaints. The FCA was prosecuting authority for the trial and they decided not to bring any charges (if possible) with respect to this matter. Note the FCA called the owner of White Feather Designs (who I have posted about previously) as a prosecution witness. Note White Feather Designs was instrumental with the website/data. Better not say more at present.
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ptr120
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Post by ptr120 on May 23, 2023 9:45:18 GMT
Where does this leave us now with our claims against the FCA? It was their poor management of the register, which allowed changes to be made by the companies themselves, that enabled Collateral to be viewed as legit. Also, what about the website/database being trashed, and the cost to try and re-create it? Surely someone was at fault for this act? My suspicion is that the FCA will say because this was fraud, they are not liable
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Post by martin44 on May 23, 2023 20:42:14 GMT
Im sure i posted something recently about these currie fraudsters.. it seems to have dissapeared both from the forum and my profile.. mods? Different thread ;-) No.. im talking about a completely different post... probably back 2 weeks.
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metoo
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Post by metoo on May 23, 2023 22:04:42 GMT
No.. im talking about a completely different post... probably back 2 weeks. Ah well, you can't comment on that sort of thing during a trial.
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metoo
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Post by metoo on May 23, 2023 22:07:58 GMT
Where does this leave us now with our claims against the FCA? It was their poor management of the register, which allowed changes to be made by the companies themselves, that enabled Collateral to be viewed as legit. Also, what about the website/database being trashed, and the cost to try and re-create it? Surely someone was at fault for this act? My suspicion is that the FCA will say because this was fraud, they are not liable. By law ("FSMA" s222), the FCA is never liable for damages (with a couple of exceptions that have never been invoked so far as I know). There is a complaints process and accountability however. Keep following this forum in the coming weeks for further developments.
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Post by martin44 on May 23, 2023 22:08:26 GMT
No.. im talking about a completely different post... probably back 2 weeks. Ah well, you can't comment on that sort of thing during a trial. Quite right... but the trials over now... thats why i posted... i might have stuff to say..
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metoo
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Post by metoo on May 23, 2023 22:16:48 GMT
It is also unclear as to when the FCA will start to reply to complaints. Email dated 28 February:
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Post by martin44 on May 23, 2023 22:24:33 GMT
It is also unclear as to when the FCA will start to reply to complaints. Email dated 28 February: So realisticaly mid 2024... at the earliest
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