rogerthat
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Post by rogerthat on Jun 26, 2023 11:01:10 GMT
Ah..ok duck ..do you know who is ?..if not will ring the DT in a bit. Afraid I don't have a current contact. Ok..I have left a message on God knows who's phone with my number but no one as yet has called me back...will endeavour to persevere
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rogerthat
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Post by rogerthat on Jun 26, 2023 6:50:41 GMT
I've just tried to send a long email to Adam Williams at the DT and it's come back undelivered. I've also noticed I've had previous with him back in 2019, prior to and after the Admin..according to the DT website his email address is what ive used..I've got a phone number off a previous mail, so will ring Monday morning..which it almost is. Adam Williams is now a news editor so is no longer involved in producing the articles. Ah..ok duck..do you know who is ?..if not will ring the DT in a bit.
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rogerthat
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Post by rogerthat on Jun 25, 2023 22:55:26 GMT
I've just tried to send a long email to Adam Williams at the DT and it's come back undelivered. I've also noticed I've had previous with him back in 2019, prior to and after the Admin..according to the DT website his email address is what ive used..I've got a phone number off a previous mail, so will ring Monday morning..which it almost is.
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rogerthat
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Post by rogerthat on Jun 24, 2023 10:58:39 GMT
This isnt exactly new information though offers additional detail on the motives of those involved ... the basic facts were outlined in the administrators proposals ... the involvement of the FCA was clearly to be assumed even if not stated explicitly given the issue related to CASS breaches. The circumstances and the FCA role has already been the subject of investigation by themselves ... as yet we dont know what the conclusions of the investigation are. TTF are pushing for a wider review of FCA but seem to be struggling to gain traction Adam Williams at the Telegraph and James Hurley at the Times have both previously run stories on P2P failures You say previously run stories. Were they aware of these more recent revelations and in an effort to gain more traction and keep this in the public eye, contact them again ? One might presume that the FCA, in marking it's own homework, may not reveal itself to be overly critical and that it's conclusion will, in their eyes, be and end to the matter. I don't mind attempting to contact the DT to try and instil further interest but will it help or hinder, or be pointless ?
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rogerthat
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Post by rogerthat on Jun 23, 2023 9:37:12 GMT
I remember it well. All I can say at this stage is that I know without doubt. I appreciate that gives no confidence or credibility to my posts, and for that I am sorry. I am in direct contact with a couple of people that I hope prove trustworthy. They know my identity and would be able to vouch for the validity of the information I share. Ultimately I just want justice be served, and this situation to never happen again, the same as everyone else. Amen to that bro
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rogerthat
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Post by rogerthat on Jun 22, 2023 16:47:54 GMT
Do you mind me asking where you gleaned this info from...as you see from my previous post I knew complaint/s had been made to the FCA..what I didn't know was about what though info/rumour about the 'large investor' were around at the time. After all, it is almost 5 years ago !
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rogerthat
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Post by rogerthat on Jun 22, 2023 14:39:18 GMT
Seems like we've all been given the same emails so far. I wonder if the results will also be same regardless of the fact our complaints could be subtly different. As it happens on my submission to the FCA, I stated that complaints had been made as far back as 2018, yet the FCA allowed FS to continue trading for another year. Now I know why !
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rogerthat
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Post by rogerthat on Jun 22, 2023 13:55:56 GMT
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rogerthat
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Post by rogerthat on Jun 22, 2023 13:09:46 GMT
Update..I did spend some time going through my entire loanbook recently...and have to admit there were 7% and 7 1/2% loans though very few. I also understand that FC's 'average' return was based on property loans across the whole platform, not based on an individual lenders loanbook and of course some disappeared without trace.
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rogerthat
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Post by rogerthat on Jun 9, 2023 17:02:49 GMT
I haven't invested anything in FC for donkeys but im still chasing them via the FO service on a couple of property loans from 16/17 FC in their defence have stated that the average return on property loans was 7%..I have to say in the 6yrs or so I invested on the platform, I never ever saw one at 7% (or If I did, I never invested in one). From memory they started at 8% or 9% and the Short Term Loans (STL's) even at 10%. Anyone with an opinion on that please ?
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rogerthat
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Post by rogerthat on Jun 6, 2023 11:47:35 GMT
AFAIK you can only deduct your losses agains gains from P2P. If you have no gains frop P2P you can't deduct. Welcome to the club. I see my losses cristalizing from various platforms and can't do anything with them as I stopped playing P2P casino when my last plaform went into administration "AFAIK you can only deduct your losses agains (sic ) gains from P2P. If you have no gains frop P2P you can't deduct." That is correct.
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rogerthat
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Post by rogerthat on May 30, 2023 21:55:42 GMT
Loan amount £503k Settlement amount £677k Dispursement amount either £310 or £436 (2 columns to confuse us!) Legal fees £75k!! I wonder if that Settlement Amount included the interest payments made by the borrower on more than one occasion. Ive asked the same question on Whatsapp FSAG
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rogerthat
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Post by rogerthat on May 28, 2023 21:30:28 GMT
Ok..will only do this the once..probably..cos I think the news will only get worse (for me) and we've no doubt all got our individual sob stories..Thanks to Ilmoro and beep for the nudges. 2297673280 Augh' Co Tyr......£500 cap return =100% + £10.88 int (5yrs + ) 1168548924 Car**sle ..........£125.80 c ret = 50.32% **** 2796468189 Derwe*t Rd Liv'.£ 56.79 c ret = 18.93% **** Just looked at the costs for Co Tyr..Geezuz..CG get £28.5K + ? 1. The indemnity sum of £26.8K...I read the explanation...does that mean there may be a few crumbs more ? 2. And what is the 'settlement' figure of £37K+ for ? 3. Were there two properties here ? Co Tyrone..im sure there was one Irish loan with two ? 4. When will any 'available' funds actually be available to withdraw ? Similarly, on 1088623814, Expense Contribution of 311, 727.92 & Indemnity Sum of £17,591.88 actually takes away 6.5% extra ? What are these and what was agreed as Expense Contrib - was it to compensate for the 5% they would have illegally charged otherwise ?
I can answer part of your query. Right well I've just read a few posts on the Whatsapp FSAG so the Indemnity Sum (7.5%) on ALL recoveries are monies set aside in the event that the litigant JC S pursues his supposed claims. It seems the consensus is that this will not materialise and eventually those monies will be distributed at the end of the Administration.
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rogerthat
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Post by rogerthat on May 28, 2023 13:38:57 GMT
Ok..will only do this the once..probably..cos I think the news will only get worse (for me) and we've no doubt all got our individual sob stories..Thanks to Ilmoro and beep for the nudges. 2297673280 Augh' Co Tyr......£500 cap return =100% + £10.88 int (5yrs + ) 1168548924 Car**sle ..........£125.80 c ret = 50.32% **** 2796468189 Derwe*t Rd Liv'.£ 56.79 c ret = 18.93% **** Just looked at the costs for Co Tyr..Geezuz..CG get £28.5K + ? 1. The indemnity sum of £26.8K...I read the explanation...does that mean there may be a few crumbs more ? 2. And what is the 'settlement' figure of £37K+ for ? 3. Were there two properties here ? Co Tyrone..im sure there was one Irish loan with two ? 4. When will any 'available' funds actually be available to withdraw ?
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rogerthat
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Post by rogerthat on May 27, 2023 22:58:59 GMT
Can the Administrators explain why the GBP 10k that the borrower previously paid in interest has not been included in the amount distributed to investors? This is extremely serious Off the top of my head..there was definitely another loan where the borrower made (possibly several ? interest repayments )..that being the 6 bedroomed house in Cov**try. I hope someone somewhere, is keeping a careful eye on these 'easily' unintentionally' long forgotten instances like this.
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