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Previously on "Brown envelopes dropping onto a LOAD of doormats today"
I had one on Monday who was flogging a service returning "a minimum of 85% of your daily rate net of all taxation". I was working from home and felt a bit mischievous so did play him along a wee bit, he eventually said my special circumstances meant that they'd be willing to guarantee 89% return and that's nearly unheard of in their company, I am honoured to be so special. I raised all the HMRC activity around these sorts of schemes, he rolled out the usual cast iron guarantees, QC and HMRC approved, insurance, etc. He struggled a bit when I asked him if he could get a UK based director to sign a personal indemnity form. I said that if the scheme was that cast iron, had insurances covering everything and was unbreakable then surely a director would have no issue signing a personal indemnity form, after all it's no risk, isn't it? I said that I wouldn't consider it without such a thing and if he could get it then he should call me back. I wonder if I'll ever hear from that nice chappie again...
Probably 13 yrs ago there was one of these schemes called Dignatio or something similar. IIRC they were in the IOM. The scheme involved some dodgy loan scheme, where they held your money and paid it back as an interest free 'loan'. All seemed fine until they fecked off with millions in their coffers and nothing could be done about it as it was no longer the contractors money. Top rate scam.
Can't believe people were still pilling into similar schemes for years after that.
Interesting thread. ShaunsBhoy lost a packet of cash and was involved in dodgy schemes.
People lost money and were trying to see if similar schemes existed.
EBT is defensible in court.
Probably 13 yrs ago there was one of these schemes called Dignatio or something similar. IIRC they were in the IOM. The scheme involved some dodgy loan scheme, where they held your money and paid it back as an interest free 'loan'. All seemed fine until they fecked off with millions in their coffers and nothing could be done about it as it was no longer the contractors money. Top rate scam.
Can't believe people were still pilling into similar schemes for years after that.
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