Compassionate Capitalism How I Turned 150 Nos into 1 YES

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Larry-Cole, of Lincoln's Mead, Lingfield, denied that he was drink driving and claimed the equipment police had used was faulty, something the judge described as being "spurious" according to the police.

A member of the public called police after they saw Reginald Larry-Cole, 48, driving erratically in the M3 between junctions 2 and 3 at 12.30am on December 21, 2017. The administrators are now evaluating the current financial position and options for each of the Raedex Group companies. They will seek to achieve the best outcome for each company’s creditors as a whole. The FCA actions would be laughable but it isn’t a joke; it isn’t funny. Their actions have caused real damage and the injustice of it is really that they seem to be a law to themselves and are not accountable to anybody else.

The April 2022 state pension increase: everything you need to know

Buy2LetCars’ founder and chief executive Reginald Larry-Cole and operations director Scott Martin explain how they managed to mitigate risk in their business from day one… The FCA said the company claimed to own 1,200 cars but that there were question marks over these assets. The report reveals that of out of every 6 cars invested in by Buy2LetCars investors, 5 didn’t exist.

The unnamed person was interviewed and has since been released, pending further investigation. Another person has also been interviewed but not arrested. 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. Another explanation may be that the pandemic has prompted many to take early retirement, and to access their pension pots sooner than expected – perhaps in a hurry. Feeling under time pressure may had led some retirees to take less care than normal, or to discard carefully made retirement plans in favour of more impulsive action.

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.

Andrew, listen to what we are saying and how we do it,” he said. “We are not making 27% from NHS staff, we are not doing that.” Depending on how much you invested, you could get an astonishing return of 11% per year, or 27% over three years. https://bondreview.co.uk/2021/05/21/buy2letcars-investors-invested-in-cars-which-didnt-exist-administrators-confirm/ Your investment helps NHS staff like Chipo get to and from her job in a brand new and reliable vehicle,” ran one of its Facebook posts, while another said: “Keep key workers, just like Andrew, on the move by investing with Buy2LetCars!” 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!”

The FCA does not regulate the leasing of cars via Buy2Let Cars but did regulate investments in Raedex. Laurence Coal – “Russell, The Sunday Times is saying the FCA received a warning in 2019, as opposed to published a warning.” He answered by telling me to attend one of his regular online ­presentations, insisting: “You make sure you listen to the plan and understand it before you spout sh**.” Our commercial environment remains sound and we will be here to serve our clients for years to come.” The FCA outlined its reasoning in a detailed notice published on Wednesday, after Buy2Let Cars and its parent company, Raedex Consortium, fell into administration.

The arrest came after the Serious Fraud Office (SFO) launched an investigation into Raedex Consortium for running an unauthorised customer investment scheme. 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. 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”. For years [Raedex] had massive losses, massive negative assets and it’s just been getting slowly worse year after year,” said Taber. The supervisory notice concluded: "The Group is continuing to market its investment opportunities through a wide range of online and other media and is continuing to seek and take in consumer funds. The FCA considers that the financial position of the Firm and the Group makes the Firm’s business model fundamentally unsustainable and places consumers who invest money at direct risk of loss."We would like to reassure our customers that we fully intend to challenge this and will be in touch with them directly this week.” We are surprised at the FCA’s interpretation of accepted accounting standards and principles,” said the directors of Raedex Consortium, which owns the business. This form of investment is not regulated, so investors do not have recourse to the Financial Ombudsman. But the FCA can prevent the company from arranging new leases and has now wielded its power to do so. We have engaged with the firm on a number of occasions with regard to regulatory issues, including the structure of its business and its financial viability. This has culminated in the action we took on Friday 19 February 2021.