Dodgy Haulage Boss punished for factoring scam
The Managing Director of a European Haulage Company has been heavily punished for his role in a cunning factoring scam.The Insolvency service mounted a huge investigation into the conduct of Malcolm Thorpe and his unethical business dealings....
Director banned after firm closes with £1.3m of debt
A Director has been handed a 6 year ban from being a Director after his company was forced to close amid masses of unpaid debts.Maurice Bridges was Managing Director of Electrical firm V.H McDevitt...
Top excuses for late payment of Business Debt revealed
A leading UK Business Debt Recovery firm have revealed the top 10 list of excuses for non payment as reported by their clients.The New Business Department at Federal Management conducted a survey amongst existing and new...
Judge orders Bailiffs to seize Lord’s goods
A Court Judge ruled on Friday that goods and assets belonging to Lord Maginnis should be seized and sold. It relates to a debt owing for an outstanding fine from two years ago.The former...
Bogus High Court Sheriffs rob pensioner of savings
Police in Sussex have warned Home owners to be on guard after the theft of hundreds of pounds from an elderly pensioner in Sussex, UK.Details have been released from Police regarding the crime which...
Huge rise in Financial frauds
Reports of a massive rise in monetary frauds has been revealed by the Financial Fraud UK (FF UK) which has compiled a report.FFUK said there has been a shocking 53% increase in frauds compared with the first...
Thug in Court over Bailiff attack
A thug from Nottingham appeared in Nottingham Crown Court last week on charges of assault and threatening behaviour, following an incident in July.Ashley Marlow aged 40 of Bulwell, Nottingham was at the home of his...
Debt Charities advice costing Landlords thousands
New research from the NLA (National Landlords Association) has shown that advice given by Debt Charities to ignore eviction notices is costing Landlords as much as £7,000.The report revealed that a massive 47% of...
Great news for Small Businesses as Minister vows to get tough on late payment
Robust new proposals designed to smash the rise in Commercial late payments have received support from a leading authority within Westminster.Minister for Small Business, Margot James has written to PPC (Prompt Payment Code) signatories...
FCA bans Adviser for lying
The Financial Conduct Authority (FCA) has shown its teeth by taking steps to ban a Financial Adviser who provided consumer credit services to the public.Elizabeth Anne Parry supplied fake documents and was caught trying...
