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Top Story Fears of increased identity fraud as bankruptcy goes onlineWednesday 10th March 2010
The introduction of a new online system for bankruptcy petitions has raised concerns that fraudsters may use the system for criminal activity.
Insolvency practitioners have pointed out that the new system could lead to innocent people paying fake “ransom” demands or risk being declared bankrupt.
The system is being put in place in a bid to reduce workloads for the courts. This move comes as personal bankruptcy hits record levels, placing unprecedented strain on the judicial system.
Although the Insolvency Service points out that it isn’t necessarily anticipating a direct rise in criminal activity, the worry that criminal gangs may abuse the system...
Brokers urged to help their good clients through bad timesWednesday 10th March 2010
Yesterday – Tuesday the 9th of March 2010 – saw the third leg of the TrigoldCrystal Business Academy road show arrive at Southampton, where the message to the crowded room of brokers was clear: the market is changing; here’s how to survive in it.
Unveiling new and enhanced functions on its popular...
OFT seeking to hire Internet InvestigatorWednesday 10th March 2010
The Office of Fair Trading has announced that it is looking to hire a so-called ‘Internet Investigator’ to delve into online scams and make the Internet...
Debt charity reveals men are more likely to go bankruptWednesday 10th March 2010
In a blow to alpha males all over the UK, one of the country’s main debt charities, the Consumer Credit Counselling Service (CCCS) has discovered that...
Essex based broker has permission cancelledWednesday 10th March 2010
An Essex-based broker has had his permission to carry out regulated activities cancelled by the FSA, after he failed to pay his fees.
The regulator sent a...
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Diary of a Debt Slave
I am twenty-eight years old. A university graduate. A regular, bright and fairly streetwise individual, who knows about the ways of the world and understands the relevance of the FTSE index... Read more
I am twenty-eight years old. A university graduate. A regular, bright and fairly streetwise individual, who knows about the ways of the world and understands the relevance of the FTSE index... Read more
