Archive for Fraud

The Trouble With Barclay’s

Posted in America, Britain, England, Government, Modern World, UK, USA with tags , , , , on 03/07/2012 by floroy1942

What does it take these days to get a bank operating within its mandate, and in an honest and efficient way? This week revealed yet another scandal involving Barclay’s bank after the doubtful practices unearthed with many others over the past year. CEO’s have been falling like leaves in an autumn gale this last year and yet they never learn. Now the clock has finally ticked down to zero for Barclay’s, a British bank that has faithfully served the public since 1690, and resulted in a whole flurry of resignations by its top staff.

Chairman Marcus Agius – What Say You Marcus?

First to go was the Chairman Marcus Agius, followed by chief operating officer Jerry del Missier, and now the CEO Bob Diamond is quitting. Its fine to hear that those ultimately responsible are losing their jobs, but is it enough? Firstly, even though they are leaving the bank under a cloud, I am sure they will all collect substantive bonuses running into millions of pounds, and secondly, which one of them will go to jail? Not one I’ll bet!

If we ordinary citizens carried out such a massive fraud, like fixing bank lending rates in an international market, we would be hung, drawn, and quartered and thrown to the dogs! But then again, this crew have money and influence so the chances of any of them ending up in jail are infinitesimal to zero.

CEO Bob Diamond – Hang Your Head In Shame!

It is a prime indication that the current generations are obsessed by money, and even those among us who have more than we could spend in two lifetimes, are gripped by a never-ending drive to make more and more. The banks were institutions where ordinary people like you and I could put our money to be held safe until we need it, but not any more. Like most other things, it has become a money-making machine without an ‘off’ switch.

Since 1763 there have been 39 different banking crisis across the world affecting many major banks, 11 of these have happened since 2002, although if you include the current Spanish bank crisis the total is 12, and all that in just ten years! Of course everyone knows that the banks were bailed out with public money in 2008 and 2009, so why are we still having scandals hitting the banking sector. Do these people never learn!

Jerry del Missier – Explain Your Way Out Of This One!

I have to say, that if I were a Barclay’s customer I would take out every cent I have with them and put it somewhere else. I do not wish to be associated with any bank that is knowingly ‘cooking the books’ and manipulating market interest rates for their own benefit.

One Of The Oldest Structures That Once Housed Barclay’s Bank – 1872

It is past time when governments should step in with very strict controls on all banking practices and carry out regular inspections of the books to make sure they get back to following the straight and narrow. When banks play silly games they are doing it with our money and if it should go badly wrong we are the ones that lose our life savings or pensions, not them. They just collect their massive bonuses and retire. Its enough that the last person on Earth you would trust is a lawyer, but now the banks come a very close second. Enough is enough I say, and send the perpetrators of this latest scandal to jail for a good few years as a lesson to all those other shady individuals who wish to gamble with our money.

Roy.

A New High For A Hopeless Justice System

Posted in Britain, Conservative Party, David Cameron, England, Europe, Extradition, Insanity, Justice, Police, Prison, Spain, Theft, UK with tags , , , , , on 16/08/2011 by floroy1942

You have to hand it to the British justice system, for they certainly win the prize for being the most inept in the western world.

Wanted - Martin Evans

If this isn’t true, then how come a prisoner sentenced to 21 years jail for massive fraud and masterminding a drug ring, was released ‘on licence’ for three days?  They actually expected him to return to prison to finish his sentence. Needlessly to say, he didn’t!

The man is question is Martin Evans aged 31, who was caught in the USA in 2001 and extradited back to the UK to stand trial for fraudulently obtaining £900,000 from investors in a bogus ostrich farm. He jumped bail  just before his trial, and ran to Spain and Holland where he got into the drugs business. Once recaptured, he was sentenced to 21 years in 2006.

All through the court procedures he refused to give up any of the money he had obtained from his activities, which by now totalled some £37 million. Apart from a huge house in Swansee and a villa in Marbella, his ill-gotten gains were spread throughout a number of bank accounts in Latvia, Antigua, Switzerland, Dominica and the UK.

He had already absconded from justice once, and had a massive pile of money stashed away, but still these idiots in charge of our prisons allowed him to walk out the prison gates on a three day pass, thinking he would naturally return voluntarily.

DevizesPrison

How naive and stupid can you get? Did they honestly think that a man with his obvious resources, would just walk up to the prison gates when his pass expired and say with a smile to the guards; “OK boys. Here I am , ready to serve the 15 years left on my sentence”.

There are times when stupidity reaches new heights, and believe me folks, this is one of them! Now of course untold thousands, or perhaps even millions, of tax payers money is going to be spent trying to recapture someone who should never have been allowed out in the first place.  Talk about barmy Britain!

The people who made the decision to let him out should be made to serve the rest of his sentence until he is recaptured. Now that is justice!

Roy.

Are You Getting ‘Whiplash’ From Your Insurance Premiums?

Posted in Britain, England, Europe, Modern World, UK with tags , , , , , , , , , , , on 20/05/2011 by floroy1942

I guess none of us should be amazed at the results published in a report by the Association of British Insurers (ABI) which states that Britain is now the ‘whiplash capitol of Europe’. It’s so easy to get some free cash from some insurance company with a whiplash claim if you get ‘rear-ended’ in your car, but in Britain today it has reached epidemic proportions.

Whiplash

From the report, it seems that one in every 140 people in the UK claim this injury each year. In fact, 1,200 claims are made every day against insurers, which makes up three quarters of all personal accident claims in the country in a single year. This puts Britain at the top of the league by a mile!

James Walton, the ABI’s assistant director of motor and liability, said: “Despite the statistics I doubt that the UK has some of the weakest necks in Europe. He added: “It is often difficult to diagnose, easy to fake and exaggerate….whiplash is a fraudster’s dream.”

Part of the problem is the ‘Compensation Culture’ that exists in Britain today. There are professional ‘ambulance chasers’ who will pop up at an accident scene telling you they will assist you in getting compensation. It would not surprise me if they, in some cases, even suggest to the victim he has whiplash!

Why Did That Idiot Brake So Suddenly?

The problem has become so rife that some tricksters deliberately cause themselves to be rear-ended by unsuspecting motorists just to make a claim for whiplash, knowing full well it cannot be disproved medically.

We have sunk so low these days that for some this is a way of life, and they laugh all the way to the bank. 

There are dozens of compensation lawyer video’s on Youtube explaining what it feels like and what to do in the event of an accident, but I refuse to give these parasites any publicity so here is a doctor’s video:

http://youtu.be/qotjS9fIewE

Oh Sh*t! I Know The Feeling!

These ‘injuries’ cost the NHS about £8 million a year and the insurance companies around £2 billion, so its not surprising the price of car insurance went up by 40% last year. On top of the false injury claims, the number of people driving without any insurance at all is going through the roof. Obviously, as premiums get higher so do the number of people driving without cover.

When you come down to it, these false claim parasites have a lot to answer for. To them I say, the next time you feel like ‘stiffing’ some insurance company for a few thousand you might remember the harm you are doing to everyone else: But on balance, I think there is more chance of finding a snowball in Hell!

Roy.

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