Originally posted by Paralytic
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IQ Consultants, Felicitas Solutions, ECS Trustees - loan repayment demands
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Originally posted by captainbeagle View PostThanks Paralytic - I appreciate your swift response. Looks like its at least something else not to worry about.Comment
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Originally posted by creativity View PostYou entered into a service whereby you allowed your pay to be directed into a trust (you are now a member of). The trust then loaned your own cash back to you, minus tax and their cut.
Nothing illegal about that construct.Comment
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Originally posted by shampoo View Post'Our trust fund is a company owned and managed trust, the contractors do not become Directors or Trustees on the trust so there is no on-going liability for them when the cease operating through Darwin[/B]. Our trust is managed by Baker Tilly and they are the Directors of the trust. Baker Tilly are one of the top 10 accounting practices in the country and they would not engage with a company that was non-compliant'Comment
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Originally posted by CharlieK View PostOK, so as Baker Tilly are directors of the trust, and as such should know where all funds invested into the trust are, perhaps when a contractor that paid into the trust asks for their investment back, that would be for Baker Tilly to address/resolve, is that correct?
What I find intersting is; 'the contractors do not become Directors or Trustees on the trust so there is no on-going liability for them when they cease operating through Darwin'Comment
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Originally posted by shampoo View PostWhat I posted is a quote from a document sent to me by a then Darwin employee from a Darwin corporate email address with a Darwin corporate email signature ... If BT were the trustees then they will be able to provide the back story as to what happened to the trust once it was no longer being used.
What I find intersting is; 'the contractors do not become Directors or Trustees on the trust so there is no on-going liability for them when they cease operating through Darwin'Comment
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Originally posted by CharlieK View PostOK, so as Baker Tilly are directors of the trust, and as such should know where all funds invested into the trust are, perhaps when a contractor that paid into the trust asks for their investment back, that would be for Baker Tilly to address/resolve, is that correct?Comment
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Originally posted by why View PostThat may be a fair point, they should know where the funds are and why was nobody consulted before doing anything or selling the lot on. Not that I know anything about that lot but surely a reasonable requestComment
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You have to ask why a company that alleges they own a loan book would only ask for a small % of it back?
Some people on this thread and other threads have disclosed £10k's of thousands and others £100K's in discretionary payments ... If there was a genuine claim for repayment then why ask for ~10 - 20% of the total?Comment
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Originally posted by shampoo View PostYou have to ask why a company that alleges they own a loan book would only ask for a small % of it back?
Some people on this thread and other threads have disclosed £10k's of thousands and others £100K's in discretionary payments ... If there was a genuine claim for repayment then why ask for ~10 - 20% of the total?Scoots still says that Apr 2020 didn't mark the start of a new stock bull market.Comment
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