|
|
Post by nyquest on Jan 23, 2019 3:00:54 GMT
Isn't it about time The Police were called in on some of these property developments? Claims of fraudulent activity in Liverpool are being made on the Baltic House development and others.
|
|
|
|
Post by charliebrown on Jan 23, 2019 5:14:18 GMT
I raised the same point on the Funding Secure Whitehaven loan. It was a seemingly blatant fraud and FS were an accessory. General comments made about calling in the cops were that the cops don’t care about white collar crimes.
|
|
|
|
Post by charlata on Jan 23, 2019 8:27:35 GMT
I raised the same point on the Funding Secure Whitehaven loan. It was a seemingly blatant fraud and FS were an accessory. General comments made about calling in the cops were that the cops don’t care about white collar crimes. More pertinently, bringing in the police will put all attempts at recovering monies on hold until the courts have finished their work (ie a very long time indeed). So it's best to exhaust all other avenues for recovery first, and call the cops second.
|
|
jane
Posts: 145
Likes: 214
|
Post by jane on Jan 23, 2019 8:40:37 GMT
You're twisting my melons man
|
|
|
|
Post by loftankerman on Jan 23, 2019 9:47:53 GMT
I raised the same point on the Funding Secure Whitehaven loan. It was a seemingly blatant fraud and FS were an accessory. General comments made about calling in the cops were that the cops don’t care about white collar crimes. More pertinently, bringing in the police will put all attempts at recovering monies on hold until the courts have finished their work (ie a very long time indeed). So it's best to exhaust all other avenues for recovery first, and call the cops second. I don't feel I have enough understanding of loans I'm not invested in to denounce them as blatant fraud. However, I would assume that if some evil genius (or idiot) fraudster had concocted and implemented such a scheme, then an essential contingency plan would be one where the mugs could be steered into exhausting all possibilities while funds and perpetrators effectively disappeared.
|
|
withnell
Member of DD Central
Posts: 550 
Likes: 491
|
Post by withnell on Jan 23, 2019 9:55:16 GMT
You'd also have to prove fraudulent intent
eg it's likely that the market for homes in a swamp will be small, and it wouldn't seem the best business sense to build a development there, but that doesn't mean that when the development folds that it was fraudulent
|
|
r1200gs
Member of DD Central
Posts: 1,336
Likes: 1,883
|
Post by r1200gs on Jan 23, 2019 12:32:10 GMT
In what would appear to be the most obvious case of blatant platform facilitated fraud, Whitehaven on FS, the police didn't want to know. The borrower lied about where the money had gone, lied about the progress on the site, and FS claimed to have visited the site and to having seen something that wasn't there.
Still, FCA, police...Nothing.
|
|
xtab
Posts: 41
Likes: 34
|
Post by xtab on Jan 23, 2019 13:19:29 GMT
I raised the same point on the Funding Secure Whitehaven loan. It was a seemingly blatant fraud and FS were an accessory. General comments made about calling in the cops were that the cops don’t care about white collar crimes. Not to hijack the Lendy section with FS issues, but just have to say that the Whitehaven loan was a outstanding* example of a platform lending without proper DD and then blindly accepting fictional reports of the progress of work. *outstanding being the operative word in more than one sense.
|
|
rocky1
Member of DD Central
Posts: 1,139
Likes: 1,963
|
Post by rocky1 on Jan 23, 2019 13:59:52 GMT
the NCA web site has a section to contact called action fraud worth having a read.
|
|
|
|
Post by nyquest on Jan 23, 2019 18:18:27 GMT
I raised the same point on the Funding Secure Whitehaven loan. It was a seemingly blatant fraud and FS were an accessory. General comments made about calling in the cops were that the cops don’t care about white collar crimes. More pertinently, bringing in the police will put all attempts at recovering monies on hold until the courts have finished their work (ie a very long time indeed). So it's best to exhaust all other avenues for recovery first, and call the cops second. Seems the London Loan Borrower has already called them!
|
|
|
|
Post by portlandbill on Jan 24, 2019 11:54:04 GMT
More pertinently, bringing in the police will put all attempts at recovering monies on hold until the courts have finished their work (ie a very long time indeed). So it's best to exhaust all other avenues for recovery first, and call the cops second. Seems the London Loan Borrower has already called them! Yep, probably during the taxi journey to court yesterday, just so she could say "the police are investigating....".
|
|
|
|
Post by nyquest on Jan 24, 2019 16:55:08 GMT
Seems the London Loan Borrower has already called them! Yep, probably during the taxi journey to court yesterday, just so she could say "the police are investigating....". Now now......Property development in London is historically a very tricky business. Anyone who is threatened should be taking seriously....it's no good though for us who just want resolution. I've not got a lot invested in the London thing, no big deal but its Liverpool where my problems are...You only need to look at the case of poor old property tycoon Scot Young & his friends to know the Police should be brought in at the slightest hint of a threat. I wouldn't blame anyone for that not even this borrower.
|
|
Godanubis
Member of DD Central
Anubis is known as the god of death and is the oldest and most popular of ancient Egyptian deities.
Posts: 2,011
Likes: 1,013
|
Post by Godanubis on Jan 24, 2019 23:16:48 GMT
FS have just given an update on a loan about to be defaulted . "The borrower has been in hospital for some time having sustained life changing injuries" I wish the borrower well and speedy recovery.
I was just wondering if the injuries were inflicted by some other lender who does not see the legal route to money recovery as the best route ??
|
|
