- EDC Group NE Ltd, UK EDC Ltd and UK TCF Limited have been shut down by the High Court after keeping more than £50,000 in funds they collected on behalf of clients
- The three companies falsely claimed decades of experience despite being recently established, and used fake testimonials and misleading websites to deceive small businesses into paying upfront fees
- Clients paid fees of hundreds of pounds but received no service, with the companies becoming uncontactable while bank records showed payments were made to the director, bookmakers and football clubs
Three connected debt collection companies which kept more than £50,000 in client funds they collected on their behalf have been shut down.
Sunderland-based EDC Group…