Compassionate Capitalism How I Turned 150 Nos into 1 YES

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Your investment helps NHS staff like Chipo get to and from her job in a brand new and reliable vehicle" read one post, while another said: “Keep key workers, just like Andrew, on the move by investing with Buy2LetCars!”

Although our company is well financed with a strong cashflow and bank balance, the FCA is putting 24 jobs at risk with this bizarre decision.Brev doesn’t believe the Bank accounts have been frozen, which is basically calling the Directors liars. A lot of swearing followed, but to cut to the chase: his business group has just been put into administration, leaving investors fearing for their savings. For years [Raedex] had massive losses, massive negative assets and it’s just been getting slowly worse year after year,” said Taber. The report reveals that of out of every 6 cars invested in by Buy2LetCars investors, 5 didn’t exist.

The FCA considers that the financial position … makes the firm’s business model fundamentally unsustainable and places consumers who invest money at direct risk of loss,” a spokesperson said.

I had just £64 a week to live on

Laurence Coal – “Russell, The Sunday Times is saying the FCA received a warning in 2019, as opposed to published a warning.” Despite the state we found him in, a roadside breath test which showed he was three times the limit and an evidential reading in custody showing that he was nearly four times the limit, he completely denied the offence and forced a trial on the basis that our equipment was faulty and that we had not followed proper procedure," he said. On 15 March, Buy2Let Cars went into administration. Graham Bushby and Matt Haw of RSM were appointed as joint administrators.

The unnamed person was interviewed and has since been released, pending further investigation. Another person has also been interviewed but not arrested. The directors assure me that there’s nothing for investors to worry about because the figures give an unfairly bleak picture of the business by not recognising the value of its contracts to lease cars.

How much did things cost in 1952, the year the Queen took the throne?

All of these tragic stories boil down to one basic point: people allowing their judgement to be clouded by self-interest. People believe things because they want to believe them. The prospect of a 10% or 15% return is so tempting that their critical faculties switch off. Likewise, the idea that one can ‘beat the market’ or achieve some exclusive reward denied to ordinary people is itself a tantalising reward. Fraudsters know this, and they know the serotonin buzz that people get from feeling they are about to make a killing. They exploit all these factors to lure in their victims and persuade them to part with vast sums of money. The administrators are also trying to establish who owns a Rolls-Royce that somebody was apparently swanking around in. Even though a business with a couple of million in turnover at most and continual losses doesn’t exactly scream “Rolls Royce lifestyle”. https://www.thesun.co.uk/money/8324176/i-was-on-benefits-and-wanted-to-die-but-i-turned-it-around-and-now-run-4-3million-car-finance-business/ I tried again, asking: “Can you guarantee that investors who put their money in now will get the full promised return and their capital returned?”