SPML/LMC anyone claimed for mis selling and unfair charges?

[IMAGOODGUY]

I think we should all report these companies to the SFO, as this falls within their remit . Heres a link to their page

Report it in confidence/anonymously | Fraud | SFO - Serious Fraud Office

 

If we all do it then they will have to investigate !!

[IMAGOODGUY]

This is the e mail address of SFO to report

[email protected]

I have just e mailed them setting out brief details and referring them to this site for further details.

[enoughisenough]

Welcome to the forums IAMAGOODGUY. Hope you enjoy your time here and help nail the ****. Are you with Capstone or just an interested observer?

[IMAGOODGUY]

Welcome to the forums IAMAGOODGUY. Hope you enjoy your time here and help nail the ****. Are you with Capstone or just an interested observer?

Thank you, I am with capstone!

[scedminc]

Hi All,

 

Just to let you know, it seems that Preferred Group & Preferred Holdings have just appointed directors.

 

Sced.

[jetli]

This is the e mail address of SFO to report

[email protected]

I have just e mailed them setting out brief details and referring them to this site for further details.

I did report them and received an email back to say that they could not help but will post it up for you later

[enoughisenough]

I did report them and received an email back to say that they could not help but will post it up for you later

 

This is just depressingly familiar. The authorities seemingly unwilling or unable to intervene. Reading the wording of the Fraud Act this just beggars belief.

 

http://www.opsi.gov.uk/acts/acts2006/pdf/ukpga_20060035_en.pdf

 

In particular...

 

 

2 Fraud by false representation

 

(1)A person is in breach of this section if he—

 

(a)dishonestly makes a false representation, and

 

(b)intends, by making the representation—

 

(i)to make a gain for himself or another, or

 

(ii)to cause loss to another or to expose another to a risk of loss.

 

(2)A representation is false if—

 

(a)it is untrue or misleading, and

 

(b)the person making it knows that it is, or might be, untrue or misleading.

 

(3)“Representation” means any representation as to fact or law, including a representation as to the state of mind of—

 

(a)the person making the representation, or

 

(b)any other person.

 

(4)A representation may be express or implied.

 

(5)For the purposes of this section a representation may be regarded as made if it (or anything implying it) is submitted in any form to any system or device designed to receive, convey or respond to communications (with or without human intervention).

 

3 Fraud by failing to disclose information

 

A person is in breach of this section if he—

 

(a)dishonestly fails to disclose to another person information which he is under a legal duty to disclose, and

 

(b)intends, by failing to disclose the information—

 

(i)to make a gain for himself or another, or

 

(ii)to cause loss to another or to expose another to a risk of loss.

 

4 Fraud by abuse of position

 

(1)A person is in breach of this section if he—

 

(a)occupies a position in which he is expected to safeguard, or not to act against, the financial interests of another person,

 

(b)dishonestly abuses that position, and

 

©intends, by means of the abuse of that position—

 

(i)to make a gain for himself or another, or

 

(ii)to cause loss to another or to expose another to a risk of loss.

 

(2)A person may be regarded as having abused his position even though his conduct consisted of an omission rather than an act.

 

5 “Gain” and “loss”

 

(1)The references to gain and loss in sections 2 to 4 are to be read in accordance with this section.

 

(2)“Gain” and “loss”—

 

(a)extend only to gain or loss in money or other property;

 

(b)include any such gain or loss whether temporary or permanent;and “property” means any property whether real or personal (including things in action and other intangible property).

 

(3)“Gain” includes a gain by keeping what one has, as well as a gain by getting what one does not have.

 

(4)“Loss” includes a loss by not getting what one might get, as well as a loss by parting with what one has.

 

 

Surely a prima facia case to answer?

 

May as well just dump my house brick by brick on the feckin' theives doorstep.

[ryde]

sced

both new directors appointed to preferred entities are coincidentally both directors of resetfan.

eie

think itbg is unblocked but supervised so anything he posts has to go through mods first then is posted later here.

[enoughisenough]

Can a member of the site team please answer the following question. Thank you for your time.

 

Are private messages monitored

 

a) at all

b) on a need to basis

c) routinely?

 

Could disciplinary action arise from an 'unsuitable' pm which for argument's sake was defamatory?

 

Or do PMs do what they say on the tin?

[jetli]

Here is the email I got as promised

 

Dear

Thank you for contacting the Serious Fraud Office (SFO) and for informing us that you suspect you have been the victim of fraud.

After consideration of the information you have provided to us, we have concluded that this is not a matter which is appropriate for investigation by the SFO. Accordingly, no further action will be taken by us and I hope the following will help explain why this is so.

The SFO is a relatively small, highly specialised government department that is permitted by law to investigate only those cases where there are reasonable grounds to suspect serious or complex fraud. For this reason, we take on only a small number of new cases each year and almost all of these are referred to us by the police or other law enforcement agencies.

That is not to say that the matter you have reported is any less important or any less distressing for you as a victim. It is essential that suspected offences are investigated expeditiously and our intention in informing you that this is not a matter for the SFO is to reduce the delay in it being brought to the attention of the appropriate organisation.

If you believe you are the victim of anything other than the most serious or complex fraud, you should normally pursue the matter through your local police force. The police have primary responsibility within the UK for investigating all types of criminality including fraud and other offences of dishonesty.

Contact details for your local constabulary can be found in your telephone directory or online at http://www.police.uk/forces.htm

Alternatively, you may wish to pursue the matter through one of the following organisations who have responsibility for handling specific types of complaints:

Department for Business, Innovation and Skills (BIS)

One of the stated organisational objectives of BIS is ensuring markets work to the benefit of business, investors, employees and consumers. It also works to deter fraud by enforcing the relevant law. This includes dealing with misconduct or unscrupulous practices, whether or not this amounts to fraud. The Companies Investigation Branch (CIB) of BIS is responsible for investigating companies under the relevant company legislation. Where CIB uncovers evidence of criminal conduct the facts are generally referred to the police for investigation or to its own prosecution lawyers.

You can contact CIB on 0207 596 6100 or report a matter online at: http://www.insolvency.gov.uk/complaintformcib.htm

Financial Services Authority ("FSA")

FSA Company Secretariat,

25 The North Colonnade,

Canary Wharf,

London E14 5HS

020 7066 9870

You may also wish to consider seeking independent legal advice from a firm of solicitors. They will be able to advise you of the best course of action and whether there are any remedies available to you. Free, confidential and independent legal advice for residents of England and Wales is available from Community Legal Advice, who can be contacted on 0845 345 4345.

In addition, the Office of Fair Trading (OFT) maintains a list of useful links to organisations that may be appropriate for your concerns. This list can be found online at:

http://www.oft.gov.uk/oft_at_work/partnership_working/consumer-alliance/useful-links/

In certain situations the information you have provided may be retained on our intelligence database for future reference. Information which includes any personal data (such as your contact details) will only be processed, retained or disclosed in accordance with the principles laid down in the Data Protection Act 1998. Please be assured that all information you have provided will be handled professionally and with the utmost sensitivity.

Once again, thank you for contacting the SFO and for bringing your concerns to our attention.

Yours sincerely,

Nigel John

Intelligence Unit

[enoughisenough]

Thanks for that Jet

 

Very interesting actually. I'm now slightly less cynical and think that this could yet well end up in front of the SFO. It seems they've completely missed the picture. Have they seriously no clue just how complex and transnational this fraud is...?

 

Perhaps the CIB will bump their findings up. Much more likely to listen to other agencies than they are Joe Public.

 

Thanks once again...

[jetli]

Thats my pleasure you have all done sooooo much for us and want to keep on track to continue the fight. Still waiting on GE (mis sold ppi) which they have now done over their time to complete so advised me to go to FOS and SPPL now put through FSA (charges £115 per month add interest etc and Eviction order (which as you know thanks to all of you got suspended again...... Await outcome. Also need some help on Charging orders (Restriction if not in joint names) as found intersting thread through money saving expert. Will start my own thread but under which catergory???

Hope you are all well??

[jetli]

Oh forgot sent SAR to Capstone but made cheque to SPPL and they cashed it????

[pt2537]

Can a member of the site team please answer the following question. Thank you for your time.

 

Are private messages monitored

 

a) at all

b) on a need to basis

c) routinely?

 

Could disciplinary action arise from an 'unsuitable' pm which for argument's sake was defamatory?

 

Or do PMs do what they say on the tin?

Private messages are exactly that

 

Private

[enoughisenough]

Thanks for the clarification PT.

 

Most appreciated.

 

EiE.

[IMAGOODGUY]

I agree with you all. reading the SFO website this is exactly what they should be investigating. If not why not? If we all complain to them then they might take notice. failing this we should contact the Home Secretary, I assume this is his department!

Strange at the mention of the SFO Preferred appoint directors or am I being cynical?!

[jetli]

Back to the main thread please! Coz all this other 'stuff' yu do does not mean anything. You all helped me so lets just help everyone else:???:

[I'm the bad guy?]

post

[Crapstone]

Hi Crapstone,

 

I tend to disagree in my case. There is no mention of Capstone being admin in my T&C's. PML used to adminster their own accounts and I took my mortgage out at the transition period to Capstone. It seems they overlooked sending me notification and now they point blank refuse to send me anything. So I point blank refuse to pay a company that claims they administer for PML but payments show on my statement as being made to SPML. Therefore unless they can give me written evidence from PML of assignment then as far as I am concerned I cannot pay as PML provide me with no means. Why should I believe I have to pay Capstone without written assignment any more than I should believe that I have to make payments to yourself. In fact I'd rather pay my money to you then at least I know its going somewhere potentially good. That's not an offer though lol.

 

Sced

 

Sced.

 

But you also wouldn't disagree that they have held their rights to involve 3rd parties as per any contract? I do see where you are coming from but it's nothing that would go far in the long term. It's all the same money going to the same people whatever the route. What matters is you and your own position. I guess you have to think long term and what would the courts say? Do it by the book ....then you'll have more of a chance in the future as an innocent consumer.

 

Please make your cheques payable to...lol. And you are right. I could be trusted with anything and payments would go to bloomin' good use unlike those robbing swines.

 

It's right what they say..knowledge can be your downfall and trust me..they will use your own intelligence against you where they can. Always dumb it down and don't let THEM know what YOU know...The FOS is the same as they treat cases individually. If they think you should, and do know better they will brush you off. Keep it SIMPLE and then go at it once the case is ongoing. Don't be brave..be the vulnerable person you are

 

Kaz xxx

[enoughisenough]

With respect JetLi the other stuff is for one of two reasons:

 

A) Exploring issues to help fight off the ****. Obscure stuff to you and others, as posted by the vets, sometimes clarifies the issues and helps find ways of raising arguments that work, but they can only be established as useful once they have been debated upon (Sometimes in ways that make no sense to anyone else). And it is because we are looking to find ways of halting this horror show that we sometimes have to be secretive and post what seems to be banal, pointless and diversionary

 

Trust me, it is none of those things...

 

B) If it's totally off the wall it's usually to let off a bit of steam...

 

That's the way things are here. But even what seems nutty has been been known to actually succeed and what seems ever so plausible can be wrong and finish us off in court.

 

Ell-en is to be trusted 110%. The rest of us chip in with other stuff and are trying desperately in the meantime to pull this whole monstrosity crashing down

 

If you understand or appreciate footballing metaphors think of Ell-en as the goalkeeper and ITBG as Rooney playing alongside sced ryde and myself up front (Or tucked in just behind). Superslueth and Sue are the central pairing, ( We know they don't get on But their both brill!) super having the licence to attack forwards whilst Sue holds the fort. Crapstone is the midfield general along with Dotty, and Zill plays wide left. On the right wing we have the ever dependable midge!

 

If you don't understand (or appreciate) this rather silly metaphor don't worry. I'll try to explain after a very long day tomorrow. Criticism is welcome...indeed now that this completely rubbish metaphor has been posted I expect a flame war....and tons more diversionary posts...

Edited March 6, 2010 by enoughisenough

[Crapstone]

Thats my pleasure you have all done sooooo much for us and want to keep on track to continue the fight. Still waiting on GE (mis sold ppi) which they have now done over their time to complete so advised me to go to FOS and SPPL now put through FSA (charges £115 per month add interest etc and Eviction order (which as you know thanks to all of you got suspended again...... Await outcome. Also need some help on Charging orders (Restriction if not in joint names) as found intersting thread through money saving expert. Will start my own thread but under which catergory???

Hope you are all well??

 

Probably Legal issues or under the name of the lender depending on what advice you need. National Debtline have a lot of fact sheets that may help on Charging Orders. Remember that they can can only take what is your beneficial interest! A jointly (mortgaged) owned property can easily be changed to tenants in common to reflect what percentage you own.

[enoughisenough]

By the way JetLi

 

There was a response to your SAR question that I received on my mobile and now seems to have been removed from the site. Not sure why that should be...will investigate further and let you know.

 

In principle though when issuing a SAR YOU MUST SPECIFY THAT THE FEE IS SOLELY FOR THAT PURPOSE.

[Crapstone]

With respect JetLi the other stuff is for one of two reasons:

 

A) Exploring issues to help fight off the ****. Obscure stuff to you and others, as posted by the vets, sometimes clarifies the issues and helps find ways of raising arguments that work, but they can only be established as useful once they have been debated upon (Sometimes in ways that make no sense to anyone else). And it is because we are looking to find ways of halting this horror show that we sometimes have to be secretive and post what seems to be banal, pointless and diversionary

 

Trust me, it is none of those things...

 

B) If it's totally off the wall it's usually to let off a bit of steam...

 

That's the way things are here. But even what seems nutty has been been known to actually succeed and what seems ever so plausible can be wrong and finish us off in court.

 

Ell-en is to be trusted 110%. The rest of us chip in with other stuff and are trying desperately in the meantime to pull this whole monstrosity crashing down

 

If you understand or appreciate footballing metaphors think of Ell-en as the goalkeeper and ITBG as Rooney playing alongside sced ryde and myself up front (Or tucked in just behind). Superslueth and Sue are the central pairing, ( We know they don't get on But their both brill!) super having the licence to attack forwards whilst Sue holds the fort. Crapstone is the midfield general along with Dotty, and Zill plays wide left. On the right wing we have the ever dependable midge!

 

If you don't understand (or appreciate) this rather silly metaphor don't worry. I'll try to explain after a very long day tomorrow. Criticism is welcome...indeed now that this completely rubbish metaphor has been posted I expect a flame war....and tons more diversionary posts...

 

A little harsh EIE as we are all out to get the same result however we get there. And we all have our own problems and ways of dealing with them. The last thing we need is for anyone to be put off posting here. The more people we can get, the better it will be. It's a flipping long thread ( I wouldn't expect anyone to read it or understand it!) but if anyone wants to chip in ad-hoc with their own bits and pieces regarding the lenders than they should feel free to do so.

 

We do need more complaints!!!

 

I like my midfield position for football. My sport is pool..but snooker is also a hot topic

[Crapstone]

By the way JetLi

 

There was a response to your SAR question that I received on my mobile and now seems to have been removed from the site. Not sure why that should be...will investigate further and let you know.

 

In principle though when issuing a SAR YOU MUST SPECIFY THAT THE FEE IS SOLELY FOR THAT PURPOSE.

 

Absolutely! Get it copied and send it recorded delivery. Copy or photograph the payment stapled to the letter. They seem to lose payments but get the letters. They may claim the cheque is unsigned, payment wasn't sent or whatever else they can dream up.

[ryde]

I've had a post pulled which I thought was right on the money,no swearing no insults just facts.

1) resetfan accounts show 55million owed to sppl.for preference shares

2) resetfan own 100% of the shares in sppl.

3) resetfan have lost 55 million off their balance sheet to a company of whom they are the sole shareholders.

4)There is apparently no intention of the sole shareholder company resetfan to appoint new directors to sppl or indeed submit accounts thus ensuring this company will be struck off and become defunct

5)The 55 million is therefore wiped off their balance sheet.

6) Their intention seems clear as the resetfan accounts show full knowledge of the plight of sppl.

7)The 2 preferred entities of which they also hold 100% shareholding have today had 2 of the 3 directors of resetfan appointed as directors in other words they are self appointed.

It has been stated in the accounts of the preferred mortgage arm that one of their main creditors have not indicated whether they have any intention of calling in the debts owed,this was because at this time they had no directors to make that decision.A complaint to CH about this matter has seen the 2 resetfan directors hastily appointed.Will they confirm whether the debt is to be called in,thoughts please?

 

The collective accounts show a full story of how directors and debt are being moved around and how balance sheets are being manipulated to keep these companies solvent and write off debt.

 

If anyone has an email notification of my previous post can they please pm with it,I CANNOT UNDERSTAND WHY IT HAS BEEN CAGBOTTED.

 

can I be beckham in the cag 11,an occasional cameo role with flashes of brilliance and desperate for one last chance for the cag 11 to win the world cup beating the unpopular and hated capstone 11 in the final.Don't forget we're already 3-0 up, who,s volunteering to be peter crouch? rooster wants to be john terry or ashley cole.,I've been told

Edited March 6, 2010 by ryde