Fee-hungry debt advisers are today accused of fiddling figures to profit from vulnerable clients.
The City watchdog warned last week that so-called debt packager firms are cashing in by manipulating customers income and spending records to qualify them for repayment plans that pay commission of more than £1,000.
Money Mail has also seen bank statements that seem to have been doctored to hide a gambling addict s betting, so he would qualify for such a scheme.
Stung: Mick and Stephanie Gales were cold-called by a firm claiming to have the answer
WE VE PAID £3K BUT COULD VE WIPED DEBT FOR JUST £180
Mick and Stephanie Gales were desperate for help with their £9,000 debt when they were cold-called by a firm claiming to have the answer.
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Thursday, 17 June 2021, 12:10 pm
Last week, Me Today (NZX: MEE) opened its capital raise
to retail investors, to help fund its $36m acquisition of
King Honey announced on 31 May 2021.
Chapman Tripp partner
Roger
Wallis has led the team advising Me Today on the $36m
acquisition of King Honey, a $15.75m wholesale and retail
capital raise and an $8.5m new debt facility with Bank of
New Zealand.
The Chapman Tripp team working on the
transactions includes senior associates Luke
Bowers and Hayden
Reyngoud and solicitor Sara Yacoub.
Wallis said,
“the capital raise will part fund Me Today’s expansion
into an adjacent health and wellness category, help
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I continue my exploration of different ways to think about leadership by considering perhaps the most iconic album cover in the history of rock and roll,
Sgt. Pepper’s Lonely Hearts Club Band. In Rolling Stone article, entitled “
Beatles’ Iconic ‘Sgt. Pepper’ Art: 10 Things You Didn’t Know”, Colin Fleming wrote about the concept and execution. Fleming described it as “wonderful swirl of visuals, ranging from that most distinguished assembly of personalities on its front cover courtesy of Pop artists Peter Blake and Jann Haworth, to some sleeve work by the Dutch design team the Fool, to Michael Cooper’s photographs, to the grab-bag of cut-out treasures that accompanied the album.” In honor of the 50
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