Reply to: Things about to get very serious and much more real? / Felicitas Letters

[Fred Bloggs]

Loans made to you by your employer are one of those statutory exemptions.

We covered this in the first few pages.

Yep. What eek says.

[DavidD]

Ahh, thanks thought that it was a bit of a long shot !

[eek]

I just came across the following on HMRC's website:

Unless subject to certain statutory exemptions, the lender and any third party seeking to recover the debt must:

• be authorised by the FCA
• hold the appropriate FCA lending permission

The loan will be unenforceable if the original lender was not authorised with the appropriate FCA lending permission. Any third party the original lender has transferred the loan to that is seeking to recover the debt from you without the appropriate FCA lending permission or exemption would be acting unlawfully. You can check a firm’s authorisation status and regulatory permissions using the Financial Services Register: register.fca.org.uk. If the lender has not complied with the CCA, it is up to the courts (not the government or the FCA), to decide whether to allow enforcement of the loan.

FS CAPITAL LIMITED do not seem to be listed.... I may well be wrong and as stated I will never pay anyway but if this is correct they have no right to attempt to reclaim the "loan" anyway.

Loans made to you by your employer are one of those statutory exemptions.

We covered this in the first few pages.

[DavidD]

I just came across the following on HMRC's website:

Unless subject to certain statutory exemptions, the lender and any third party seeking to recover the debt must:

• be authorised by the FCA
• hold the appropriate FCA lending permission

The loan will be unenforceable if the original lender was not authorised with the appropriate FCA lending permission. Any third party the original lender has transferred the loan to that is seeking to recover the debt from you without the appropriate FCA lending permission or exemption would be acting unlawfully. You can check a firm’s authorisation status and regulatory permissions using the Financial Services Register: register.fca.org.uk. If the lender has not complied with the CCA, it is up to the courts (not the government or the FCA), to decide whether to allow enforcement of the loan.

FS CAPITAL LIMITED do not seem to be listed.... I may well be wrong and as stated I will never pay anyway but if this is correct they have no right to attempt to reclaim the "loan" anyway.

[DavidD]

Hi, if you search the forum for K2 / FS Capital you'll find a thread on FS Capital - I received the same letters about a year ago - I downloaded the same letter you mentioned - FS capital responded on a selective basis sending the info that suited them and demanding the 'loan'. At this point I stopped wasting my time with them and have heard nothing for the last 12 months (I know several people who were on K2 and none have paid FS Capital). I understand they are just fishing for a settlement of some sort ~1-5% of the loan. They will never receive a penny from me under any circumstance and unlike others on here I don't believe they have a hope in hell of claiming any money legitimately.

[Old Chap]

Hello everyone, I am new to this site so please be nice to me. Last week I received a letter from FS Capital asking for money. This is in regard of a scheme with K2. While searching on the web, I found a template letter from Andy Wood, I have downloaded that letter and sent to FS Capital. I haven't received any response yet. I have also called Andy Wood company and I was told that they are not involved anymore with any disputes in regards to this matter. Would anyone be able to advise me what to do please? I have absolutely no intention to part with any money but I wonder if FS Capital is actually in a position to make these kind of requests? Thanks in advance.

I strongly suggest that you contact WTT for advice about your particular case. info@wttconsulting.co.uk

[stickytoffee]

My mistake K2 are not mentioned anywhere in the Felicitas cases. Perhaps that is why another company has picked up the remaining 'loans'

Sorry to hear you have to go through the stuff we had to. Sad times.

Thank you for your kind words. These people are not very nice people. I would love to meet some of these parasites just for the pleasure of looking them in the eyes. These people are the scam of society. They would screw they own mothers for money.

[stickytoffee]

I will dig out the cases for you but I think... only think K2 and Sanzar were the schemes Felicitas could not (and did not go after) but I could be wrong.

Thank you very much Sir. I would appreciate that a lot. I was with K2 Contract originally. The scheme was proposed by my accountant unfortunately.

[GregRickshaw]

My mistake K2 are not mentioned anywhere in the Felicitas cases. Perhaps that is why another company has picked up the remaining 'loans'

Sorry to hear you have to go through the stuff we had to. Sad times.

[GregRickshaw]

Looks like this whole K2 thing is a bit messy. Screw hard working people like this is wrong on every level IMO.

I ain't paying anyone any money, that's for sure.

I will dig out the cases for you but I think... only think K2 and Sanzar were the schemes Felicitas could not (and did not go after) but I could be wrong.

[stickytoffee]

Sadly even a simple question like that hasn't one simple answer. Court cases are detailed in this thread and elsewhere at CUK.

Looks like this whole K2 thing is a bit messy. Screw hard working people like this is wrong on every level IMO.

I ain't paying anyone any money, that's for sure.

[Fred Bloggs]

Thank you for the replies. I am not sure who's behind Felicitas. I have done a little research and the guy behind FS Capital EMBLIN, Simon Roger. I think he has had some troubles with HMRC himself. It is obvious that these guys are a bunch of parasites. As far as anyone knows, have they ever taken anybody to court?

Sadly even a simple question like that hasn't one simple answer. Court cases are detailed in this thread and elsewhere at CUK.

[stickytoffee]

Thank you for the replies. I am not sure who's behind Felicitas. I have done a little research and the guy behind FS Capital EMBLIN, Simon Roger. I think he has had some troubles with HMRC himself. It is obvious that these guys are a bunch of parasites. As far as anyone knows, have they ever taken anybody to court?

[Monkeypower]

QQ... Are FS Capital and Felicitas the same bunch of cowboys ?

[Fred Bloggs]

Hello everyone, I am new to this site so please be nice to me. Last week I received a letter from FS Capital asking for money. This is in regard of a scheme with K2. While searching on the web, I found a template letter from Andy Wood, I have downloaded that letter and sent to FS Capital. I haven't received any response yet. I have also called Andy Wood company and I was told that they are not involved anymore with any disputes in regards to this matter. Would anyone be able to advise me what to do please? I have absolutely no intention to part with any money but I wonder if FS Capital is actually in a position to make these kind of requests? Thanks in advance.

Oh dear. That's really sad to hear. I wonder if another round of intimidation is getting underway?