littleoldlady
Member of DD Central
Running down all platforms due to age
Posts: 3,017
Likes: 1,835
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Post by littleoldlady on May 9, 2022 20:01:20 GMT
Final redemption. Looks at first sight like full return of capital plus a reasonable chunk of interest but it's hard to be sure. Can anyone else sort out the truth?
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zuluwarrior
Member of DD Central
chap from Newcastle, dabbling here and there. Long-time lurker of the forums
Posts: 78
Likes: 42
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Post by zuluwarrior on May 18, 2022 17:45:15 GMT
I know of the Water Park case personally rather than through the P2P, if we're talking about the right one, didn't the fraud get unearthed 10 years ago, how come its still trickling (pardon the pun) on?
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littleoldlady
Member of DD Central
Running down all platforms due to age
Posts: 3,017
Likes: 1,835
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Post by littleoldlady on May 19, 2022 7:16:27 GMT
I know of the Water Park case personally rather than through the P2P, if we're talking about the right one, didn't the fraud get unearthed 10 years ago, how come its still trickling (pardon the pun) on? The Site is located in Ashton Keynes village. Ashton Keynes is located on the border of Gloucestershire and Wiltshire. Is this the same one to which you refer?
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zuluwarrior
Member of DD Central
chap from Newcastle, dabbling here and there. Long-time lurker of the forums
Posts: 78
Likes: 42
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Post by zuluwarrior on May 19, 2022 18:13:59 GMT
I know of the Water Park case personally rather than through the P2P, if we're talking about the right one, didn't the fraud get unearthed 10 years ago, how come its still trickling (pardon the pun) on? The Site is located in Ashton Keynes village. Ashton Keynes is located on the border of Gloucestershire and Wiltshire. Is this the same one to which you refer? Yes I do believe it is, the guy got sent to prison for 4 years back in 2011 for fraud, surely they didn't then manage a P2P loan that's gone balls up too
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littleoldlady
Member of DD Central
Running down all platforms due to age
Posts: 3,017
Likes: 1,835
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Post by littleoldlady on May 20, 2022 11:40:43 GMT
The Site is located in Ashton Keynes village. Ashton Keynes is located on the border of Gloucestershire and Wiltshire. Is this the same one to which you refer? Yes I do believe it is, the guy got sent to prison for 4 years back in 2011 for fraud, surely they didn't then manage a P2P loan that's gone balls up too Well I would not call it "gone balls up". Capital returned in full and interest at an XIRR of 5.6% for me. This is lower than advertised due to the penal ISA charges.
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