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Dignatio CFP scheme

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    Dignatio CFP scheme

    Hi

    I've been looking at this Contractor Financial Planning scheme offered by Dignatio.

    Is there anyone out there using this already or know any thing about it?

    #2
    I Would seriously consider your options before joining Dignatio. I Signed up
    with them and all was well until one day I was advised by Dignatio that I
    would not be paid for the month because the bank that makes payments had
    decided to stop trading after the events of 11th September. This was not
    true and after a long delay and filling in forms I was given an on-line
    account with Keystones-Global Bank registered in some far of country with no
    real address or telephone number. They must had just built the on-line web
    site because it did not work and I could not log in to access my long over
    due money. I Could go on but lets just say you have been warned and I learnt
    my lesson well since being put out of pocket by the experience.

    Comment


      #3
      I agree...I did an email trace on the "off shore" account they set you up with. It goes straight to Dignatio!! This basically means they do not operate the scheme they say they do. This also means it isn't defenable should it go to court. And would you want to trust a company like this with large amounts of your money. The directors are not from this country so they could run off with a whole load of money that isn't theirs should the IR start sniffing around. Don't touch this scheme until they have a track record i.e. a few years. This sort of scheme relies on a large amount of trust, they have to operate the scheme they say they do if you don't want to get screwed. Unfortunately they don't..... EBT's are a good idea and ARE defenable in court. You really have to do a little research, if you are going through one of these companies check the EBT fund exists, check they have received legal advise (ask to see minutes) and check the accountancy company they use also exists. In short verify everything they say they have in place is in place. E.G. Try and verify Keystone Global and you find no information on the web, go to the web site and they only take correspondence by email. Dignatio say they operate in Canada, yet they always repond by email in UK time ... Mmmmmm doesn't really take a Genius to work out that Dignatio have set this account up themselves does it?? And you know what, I spent 3 hrs pursuing this .. I'm pretty sure the IR would spend much more time than me taking there "implementation" of the scheme apart.

      Comment


        #4
        watch out for this guy

        Hi Graem,

        Are you ready to start up another dodgy scheme after you had your £££ fraud cases?

        Comment


          #5
          Re: watch out for this guy

          who's Graem - dignatio

          Comment


            #6
            Re: watch out for this guy

            Please try to make sense when you reply, we are trying to have a sensible discussion

            Comment


              #7
              Re: watch out for this guy

              sorry, punctuation let me down.

              My question is/was: Is this Graem person the one who set up the scheme which you're all saying is a bit dodgey? Just in case he pops up elsewhere, which is likely.

              Comment


                #8
                Re: watch out for this guy

                More to the point - who's milanbeness??

                Comment


                  #9
                  Re: watch out for this guy

                  itallhelps,

                  Graem is obviously nothing to do with the company 'Dignatio' as he's asking about their scheme.

                  milan
                  (I'm a shadow of milanbenes5)

                  Comment


                    #10
                    Re: watch out for this guy

                    Well, personally speaking, I have used the Dignatio/CFP scheme for almost a year and a half. Yes, there have been a few hiccups along the way but I am yet to lose any money and believe the scheme to be legally defensible. Do tell me some better alternatives that do not involve me just handing over around half of my income to a wasteful IR in order that we can build more detention centres for economic spongers!

                    Comment

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