metoo
Member of DD Central
Posts: 540
Likes: 410
|
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.
|
|
metoo
Member of DD Central
Posts: 540
Likes: 410
|
Post by metoo on May 23, 2023 2:27:27 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 ;-)
|
|
metoo
Member of DD Central
Posts: 540
Likes: 410
|
Post by metoo on Apr 29, 2023 23:44:32 GMT
COLDLO0029 COLDL00034 COLDL00035 COLDL00036 COLDL00037 COLDL00039 COLBL00079 BL is a standard property or bridging loan, DL are development tranches. There have been no payouts on any of those loans. Is that yet.. or shouldn't I expect anything would you know? Sadly, I think it is fair to say that it is unlikely any of the loans you have listed will ever make a repayment.
|
|
metoo
Member of DD Central
Posts: 540
Likes: 410
|
Post by metoo on Apr 28, 2023 19:38:00 GMT
|
|
metoo
Member of DD Central
Posts: 540
Likes: 410
|
Post by metoo on Apr 27, 2023 0:15:17 GMT
Reporting of the trial is vital. Only the crowdfunding can make it possible. Every day counts. www.gofundme.com/f/fca-v-currieAs you may know, the reporting is by professional journalists, who have to be paid for their work. Further detail will be added to the reports already made. Many thanks to Mousey for all the hard work put into organising this. If anyone reading this has not donated so far, please think seriously whether you could make a contribution now. To those who have contributed already, please consider whether you could add to it. Let's make this happen. Thank you.
|
|
metoo
Member of DD Central
Posts: 540
Likes: 410
|
Post by metoo on May 16, 2022 17:39:03 GMT
Based on a recent post by danraj , is it the case that Huddle Capital is now part of Ablrate, and comes under Ablrate's FCA authorisation? Or is just it that Ablrate maintains the HC website which has no security certificate, flagging Google and AV security warnings? ablrate p2pindependentforum.com/post/452062/thread
|
|
metoo
Member of DD Central
Posts: 540
Likes: 410
|
Post by metoo on May 16, 2022 17:25:23 GMT
And so far as I know, no notification, from HC, FCA or Rebs, to HC investors.
|
|
metoo
Member of DD Central
Posts: 540
Likes: 410
|
Post by metoo on May 15, 2022 19:35:51 GMT
According to the Financial Services Register, the FCA Appointed Representative status 778430 of Huddle Capital Limited ended on 11 Jan 2022. The P2P platform must be in wind-down, as Huddle Capital has no FCA authorisation to carry on regulated business. The site still claims "Huddle Capital Limited is an Appointed Representative of rebuildingsociety.com, a firm authorised and regulated by the Financial Conduct Authority under firm registration number 656344."Company name changed to DJP SERVICES NE LIMITED on 12 May,
|
|
metoo
Member of DD Central
Posts: 540
Likes: 410
|
Post by metoo on Jan 26, 2022 11:33:52 GMT
Valuation: "Poor access and road access privately owned by applicant".
Presumably the value of the estate depends on access but the access road is not part of the security?
I believe the road is part of the security, see the plan on p7 of the report.
|
|
metoo
Member of DD Central
Posts: 540
Likes: 410
|
Post by metoo on Jan 17, 2022 4:58:22 GMT
Another FCA requirement implemented (though seems a little cursory when it comes to a risk framework)... the next test will be if they amend the risk band when loans overrun (capital revaluation on default) No SM available or planned, so capital revaluation may not be required/relevant unless offered as a refinance loan?
|
|
metoo
Member of DD Central
Posts: 540
Likes: 410
|
Post by metoo on Jan 12, 2022 22:49:48 GMT
Ace disclosure to P2P lenders of all borrower costs is an FCA requirement brought in about 2 years ago, now implemented properly at last!
|
|
metoo
Member of DD Central
Posts: 540
Likes: 410
|
Post by metoo on Jan 11, 2022 16:21:25 GMT
The guy from Collateral that used to talk to us on this board. Gordon I think? Was he just an employee ? Yes.
|
|
metoo
Member of DD Central
Posts: 540
Likes: 410
|
Post by metoo on Jan 8, 2022 17:35:38 GMT
Indeed. Refer to the FCA statement for the specifics of the charges. The other matter is separate, but will probably have to wait for the time being. People should be careful when posting, see this post.
|
|
metoo
Member of DD Central
Posts: 540
Likes: 410
|
Post by metoo on Jan 7, 2022 3:10:31 GMT
I presume if a prosecution takes place and a subsequent trial and no doubt appeal, the FCA will use that as an excuse not to respond to our complaints. We won't be hearing anything until the due process has been completed. So probably another 4 years wait before we are told there is no money left and the FCA did nothing wrong and it's our own fault. Repayments, however little they may be, from the BDO recoveries are likely this year I think. These are separate from the deferred complaints.
|
|
metoo
Member of DD Central
Posts: 540
Likes: 410
|
Post by metoo on Dec 24, 2021 10:17:03 GMT
I found the inclusion of this sentence interesting / irritating: As you are aware, progress of the investigation was discussed in the Treasury Committee meeting of 12 May 2021....... If I've time over the Christmas break, I'm minded to submit a further complaint to the FCA on that basis. Interesting comment. When I first read the deferment notice I had similar thoughts but from another direction. In my case the use of that sentence is fully understandable since my MP and I have both been in recent communication with the FCA and this matter has been raised. There are however a large number of Col investors who probably have never heard of this forum let alone read it, this will be real news to people like that. Whilst any complaints will inevitably be deferred at present they will all have to be answered at some time in the future and each complaint raised now could help in the final outcome. The fact that the Treasury Committee could not ask the real questions at the 12th May hearing is IMHO not material to your thoughts ptr120 , this lack of 'real' questions was due to FCA restrictions on what could be asked for fear of prejudicing enforcement (understandable). The other thought that has rattled through my brain is why was this paragraph included with this deferment? Col has been raised at the TC on several occasions in the past (back to when Nicky Morgan questioned Andrew Bailey), none of those hearings warranted a mention in the updates, so why now? The FCA complaint update email on 6 July 2021 to all complainants included the following paragraphs: ptr120 this is why the latest email refers to the TC hearing of 12 May in the way it does. The FCA did not raise the topic of Collateral at the hearing, it was the choice of the Committee. If the FCA knew in advance, they would not have been in a position to announce it. I am sure the Treasury Committee will return to pressing the FCA about their serious failures to perform required duties over Collateral when more questions can be answered.
|
|