Tuesday, 12 April 2016
Crowdcube provides the road kill for the vultures
This piece from the FT Advisor makes interesting reading - here.
You have to wonder if it is sensible to allow the same company involved with the management of Rebus before it failed to be in charge of the administration? Certainly Resolve will be tracking Crowdcube road kill for the next juicy scraps.
From the same article this is a telling indictment of Crowdcube's claim to turn away 90% of the pitches that apply because they are not viable -
Gareth Fatchett director at Regulatory Legal Solicitors, said many(claims management co's) find it difficult to make enough money out of mis-selling claims as they try to move on from payment protection insurance (PPI) complaints.
As we said before Rebus was not viable so why were they allowed to pitch?