Many have felt shame going through their #FootballIndex deposits.
Don't be ashamed.
This community is full of exceptionally smart people.
Lawyers, CEOs, Bankers, Consultants, founders and more.
We were victims of fraud, and we weren't protected by the @GamRegGB.
💥 ANOTHER former #FootballIndex employee blows the whistle
💥 says it “should never have got off the ground in the first place”
💥 the platform had “no idea how to price the bets”
💥 whistleblower didn’t know if directors even understood the model
https://t.co/Tk7Qia20eQ
Shocking revelations and there’s plenty more to come next week — each chapter even worse than the last. @fi_action will make sure this runs and runs until stakes are returned to #FootballIndex users
Absolutely right to manage expectations in this way but thankfully no reason for pessimism either. Some significant developments happening now and momentum building. It’s right at the top of the DCMS agenda, and is being taken seriously. Keep the faith and keep up the pressure 🙏🏼
I’m going to retweet and like every single post about Football Index, every member of this community should do the same. We’re not going away. #ficommunity#footballindex#justice
PLEASE SHARE THIS AND SPREAD IT FAR AND WIDE!!
From £31,234.90 of open running bets, 75p is protected. How is this legal?! If you can’t honour what I paid for, I’ll keep fighting for my stakes.
Embarrassing from @OliverDowden@GamRegGB
Full faith in @LeighDay_Law to take these crooks down. #FootballIndex
A gambler placed £763k worth of mostly good bets with a bookmaker but managed to lose his money because the bookmaker ran off with his stakes. How can this happen?! @GamRegGB @andrewjonrhodes @OliverDowden
NEW QUESTION: Hilary Benn MP (@hilarybennmp), tables question to @OliverDowden and @DCMS asking what plans he has to compensate people who have lost money as a result of the collapse of #FootballIndex
A £4.5m trust was meant to be “protected” to pay customer cash balances, yet today a court ruled some of that should instead be given to #Footballindex
That’s despite the company taking £124m of customer money & not being able to honor those contracts
Disgusting. Here’s why...
£90m stolen by #footballindex, all whilst a @GamRegGB forensic accountant were investigating. They stood by and allowed this fraud to happen.
Then protected funds in a trust account were taken by @Begbies rather than returned to customers.
All under your watch @OliverDowden