Law360, London (June 28, 2021, 1:46 PM BST) — People who use pensions advice companies could be in line for compensation after the Financial Conduct Authority urged them to complain if they believe they have been given poor guidance, a consumer group has said. Which? said that clients of advisors that have collapsed could win…
A bankrupt former multimillionaire British businessman who was jailed for crashing his 140k Porsche while high on cocaine died of a heroin overdose in a five-star Dubai hotel. Martin Skinner, 42, was jailed in 2019 for crashing his Porsche 911 GT3 into a tree in Worthing, West Sussex, while high on cocaine. He struggled with…
A fragmented and reactionary response by banks to the Covid wildfire in greater Sydney is preparing the industry to reverse the reversal of provisioning that was the highlight of the most recent profit season. By last night the four big banks had outlined boilerplate assistance measures. CBAs CEO Matt Comyn said in a media release,…
Staff Photographer/Stuff Richard Freeman was found to have defamed earthquake advocate Bryan Staples. A controversial Christchurch businessman who was once a director of a Headhunters-linked debt collecting firm has declared himself bankrupt. Richard Logan Freeman, 52, a former heavyweight boxer and racing car driver, was put into bankruptcy on June 21. Its understood he declared…
share this article Share this article Vincent Fabian Thomas (The Jakarta Post) PREMIUM Jakarta Thu, June 24, 2021 National flag carrier Garuda Indonesia is leaning toward two options to extricate itself from a debt crisis without placing additional burden on government finances. Garuda president director Irfan Setiaputra said the airline’s board was considering four major…
Image Source : PTI No political interference! RBI bars MPs, MLAs from holding MD post in urban cooperative banks In a crackdown on political interference, the Reserve Bank of India has barred MPs, MLAs and members of municipal corporations or other local bodies from holding the office of managing director (MD) or whole-time director (WTD)…
Despite what the SEC called his extraordinary and continuing” assistance in helping the agency shut down an alleged $1.4 billion investment scam, Mr. McPherson was notified last year that his whistleblower award would likely be close to zero. The reason? The target company, Life Partners Holdings Inc., had declared bankruptcy, and the SEC never collected…
It could not be immediately ascertained as to such details of how many creditors were put out The Insolvency and Bankruptcy Board of India (IBBI) “inadvertently” put out on its website Aadhaar and PAN details of creditors, including workmen, of some companies undergoing resolution process, and the issues are expected to be sorted out in…
John McPherson was almost certain hed get rich from the Securities and Exchange Commissions whistleblower program. Instead, he ended up bankrupt and embittered. Despite what the SEC called his extraordinary and continuing assistance in helping the agency shut down an alleged $1.4 billion investment scam, Mr. McPherson was notified last year that his whistleblower award…
Your ref: FOI20/21-230 Date: 22 April 2021 Dear Re: Freedom of Information Act (FOIA) Request Thank you for your email of 26 March in which you requested from the Insolvency Service: I have been looking into average debt levels for personal bankruptcies and found some research published by yourselves Median Estimated Debt by Age Band…