Football Index: The £90m Football Scam.
[THREAD🧶]
Football Index launched in 2015 and was advertised as a “virtual stock market for football”. Where fans could make money buying and selling player shares. But 6 years later, their customers lost everything. So, what happened?
Good morning,
In relation to the Leigh Day client email last night, this was covered in our end of year update. Once again: Begbies Traynor took over the investigation of claims against the Directors of BetIndex many months ago as they are better positioned with greater powers.
The Football Index Scandal: how thousands of customers lost their life savings.
Thank you to the brave FI users who shared their experiences with me. I know it wasn’t easy to relive that time.
Here’s a link to my ITV National News investigation:
https://t.co/EpzqS98jIz
Good afternoon,
There will be a brief segment on ITV at 7pm tonight on the FI scandal. Please tune in. This is part of the wider work we have been doing. We will provide an end of year update later this week.
Regards,
Good afternoon,
We want to reassure everyone that work has been and continues to be undertaken. Please bear in mind that the wider UK/global political and economic turmoil has meant that we have had be sensitive as when and how hard we push for time and attention of politicians
UPDATE (LINK NOW WORKING):
Please find below the link to a comprehensive update following the Q&A.
Please take the time to read it thoroughly.
https://t.co/zpmj7MzbSM
Q & A ANNOUNCEMENT!
Good afternoon,
We would like to invite any questions that you may have about our fight for justice and redress. Please reply in the feed below and @Zidave1 and @spfootballindex will aim to answer all questions in one go within a couple of weeks.
Thank you
PLEASE DO THIS NOW!
Good morning,
There is a Westminster Hall debate on Tuesday 7th June at 4:30pm on Football Index. If your MP has been supportive, please contact them to ask them to attend the debate and highlight your case (anonymously) and the need for redress.
Thank you
LAST CALL FOR THIS - MUST BE DONE BY THE END OF THE WEEK!
We will only be able to work with those MPs who you have communicated to us.
Thank you to everyone who has done this so far, it will be a huge help in us increasing MP support and coordinating MPs to help us get redress.
EVERYONE MUST DO THIS RIGHT NOW!
WE CANNOT MOVE FORWARD WITHOUT COMPLETING THIS TASK!
1. Email [email protected] only writing in the subject line.
2. Write your MPs name followed by the status of your letters/meetings with them using shorthand (examples below).
Good evening,
We have had some positive meetings with some prominent MP's over the past few weeks and are working on moving our strategy forward in the next few months.
Please rest assured that work is and will always be ongoing despite lack of regular updates.
Thank you
Good morning,
Please listen to the below podcast for the latest updates with our fight for justice and redress.
Please keep notifications on and await our requests for further action from you.
Stay patient and determined.
Thank you
A former senior employee of the failed betting platform Football Index has spoken for the first time about the structural flaws which brought down the business.
Story: @Greg_Wood_ https://t.co/CI61b7CVKP
🚨NEW: Football Index spent £15m+ trying to expand abroad as UK site was collapsing.
Here's a free podcast featuring two anon interviewees- one close to the process, and a man who lost £215,000.
(Search 'Athletic Football Podcast' to find on Apple etc)
https://t.co/D62MrKdlh9
Revealed: The owners of Football Index used £15m of customers' cash to fund expansion into Germany, India & the US & develop cricket & NFL products despite the original company's shocking collapse.
"They’ve sucked our money out to generate a new product."
📝 @josephmdurso
Exclusive: leaked document reveals how Football Index spent £15m+ on 'Project Hadron', trying to expand to Germany, India and USA, as UK company was collapsing.
https://t.co/cAXMcMZqlD
Responding to Malcolm Sheehan QC’s Review into the regulation of BetIndex, Paula Lee, a partner working on the investigation on behalf of around 10,000 Football Index users says:
Independent report into regulation of Football Index published
Review’s findings will feed directly into the ongoing review of the Gambling Act
▶️ https://t.co/E2I3dwnFgP