Corrupt IP

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mollydoll

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Post by mollydoll » Sat Sep 11, 2010 9:59 am
Hi Guys,
Wonder if any of you have had experience of this type of problem, down in England. My husband has a scottish Protected Trust Deed, similar to IVA. We have discovered evidence of embezzlement , ie duplicating invoices etcet. How would this be dealt with in England? We want to bring police charges against him, but they seem reluctant to do so, even though we have hard evidence against him.We'd really appreciate your thoughts on this matter. We are thinking of approaching the creditors with this info, as we believe it is highly unlikely that this account is the only one being robbed ( freebies from an accountant and solicitor show they clearly agree with us)Many thanks for your time[:)]
 
 

Broke of London

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Post by Broke of London » Sat Sep 11, 2010 11:01 am
Hi mollydoll, I'm sorry you've been treated so badly. I don't know about the Scottish or English systems for dealing with this bit I would raise my concerns first with the ip - it may turn out to be a mistake. If you are sure he was being intentionally deceitful, I would be tempted to raise my concern with the regulating body and possibly his professional association. Unless you have concluded your deed it would be best to remain amicable - a refund and apologyay be your best solution to get you to the end.

There will be a lot more people to help you put who know more than I do. Tho would be my personal route and may not be the right one. Good lick and hope you get it resolved quickly.
 
 

mollydoll

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Post by mollydoll » Sat Sep 11, 2010 11:09 am
Hi, many thanks for your reply. Unfortunately, after discovering one incident (which was repaid to the account) more were found at a latter date. This is only a small part of a big story, suffice to say that all necessary complaints have been made, we just get the impression it will be swept under the carpet. For the sake of clarity we are talking about a company ( we thought it was the IP until someone in the know put us straight) who are getting away with duplicating payments from debtors accounts. Proven. It's called embezzlement in the real world, the police think it's a civil matter at the moment. They say it is a specialised area. We think the only way to get some action is to tell the creditors what is going on with THEIR money, after all, the whole point is to pay them back! Many thanks again[:)]
 
 

liamjames

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Post by liamjames » Sat Sep 11, 2010 11:18 am
This is shocking. I hope for everyones sake that a conclusion is reached quickly.

I would also approach your IP with your suspicions and ask him to investigate - he has a responsibility to ensure that the company he works with is operating fairly and legally.
Take care,

Liam James
Varden Nuttall
http://www.vardennuttall.co.uk

Read our reviews here: http://www.iva.com/iva_companies/Varden_Nuttall.asp
 
 

mollydoll

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Post by mollydoll » Sat Sep 11, 2010 11:21 am
Hi and thanks for your reply. Unfortunately our IP is a director of the company. Nuff said!
 
 

Adam Davies

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Post by Adam Davies » Sat Sep 11, 2010 11:24 am
Hi
The company concerned will hold a consumer credit license so you could lodge a complaint with the OFT who authorise such licenses. You could also try the Insolvency Practitioners Association.
Melanie will probably be better placed to advise
Sounds very serious so please do not mention the company on this forum until any allegations are proven
Regards
Andam Davies
 
 

mollydoll

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Post by mollydoll » Sat Sep 11, 2010 11:34 am
Hi and many thanks again. I cannot tell you what a relief it is to see people class this case as "shocking" etcet. I have only included the most serious offence, there are more. Of course, I will not mention the companys name here. The reason I have so much information, is simply because someone in their office, inadvertently sent us a complete copy of receipts and payments, going in and coming out of my husbands account. Normal practise is to send an abstract of above payments and receipts. I have looked everywhere on the internet trying to find a case similar to ours. We cannot accept any sweeping under the carpet by the authorities and intend to see justice done, but are finding it quite hard to get info from anyone in Scotland. I've had to do all the investigative work myself ( looking through and finding insolvency acts, sips etcet) a whole new worldI knew nothing about a few weeks ago.Any short cuts re. advice, are gratefully received. Many thanks again.
 
 

kallis3

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Post by kallis3 » Sat Sep 11, 2010 11:55 am
This is shocking, and I agree with Andy that Mel is probably best placed to advise. Hopefully she will be on later.

I hope you manage to get it sorted.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk
 
 

Broke of London

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Post by Broke of London » Sat Sep 11, 2010 11:58 am
Hey mollydoll, this is a complete abuse of your trust and I didn't mean to underplay your situation. I hadn't realised how far you had already investigated. You are right not to let it drop. This could be very far reaching problem...I deal with my ip totally on trust and would never know if anything untoward was going on. From reading this forum it appears integrity and professionalism are far from universal! The oft sounds like a great idea. There are many professional sanctions if the case is proven and these may prompt the police to action. Keep fighting...
 
 

mollydoll

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Post by mollydoll » Sat Sep 11, 2010 12:35 pm
Hi again, and many thanks for your encouragement. The silence up here surrounding this case is deafening, we are determined to open the "closed shop". For your amusement there are 2 further misdemeanours;
1- Interview was held over the telephone, we did not get to see what was being written regarding our income and expenditure. Cut a long story short they increased our actual disposable income by £178 per month by a flick of a pen. Took us 10 months to work out why we couldn't make ends meet!
2-Property equity was miscalculated! Instead of applying for a redemtion figure (which they clearly state they will do) they simply asked us how much was outstanding on the mortgage and used that figure instead. As we had remortgaged 6 months prior to the PTD, the early repayment charges applied at the time, they chose to completely ignore this and used a fictional figure instead!
 
 

MelanieGiles

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Post by MelanieGiles » Sat Sep 11, 2010 12:37 pm
What a terrible story - and one which definately requires further investigation.

I would be grateful if you would contact me off-line Mollydoll, as I also have a practice based in Scotland and we can help steer you to the right people to investigate these matters properly and more fully. You can find my contact details on the experts section of this site, and I look forward to hearing from you.
Regards, Melanie Giles, Insolvency Practitioner
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