Peter Cornell

oldgitinashed

[Peter Cornell @oldgitinashed]

After Nikhil Rathi's interview on Money Box regarding the @appgonifandffs report (which I gave evidence to) I felt I had to send the following email regarding Mr Rathi's misrepresentation of fact regarding Collateral.
@TransparencyTF

[Peter Cornell @oldgitinashed]

@SameenaAhmad7 I really dispared when I read this post Sameena, as you will know from my battles with another G'ment organisation there is so much that needs root and branch change in this country.

[Daniel the MouseInTheCourt @MouseInTheCourt]

Warrant issued for Andrew Currie over proceeds of crime debt

https://t.co/hSWwQwjdrV

[Daniel the MouseInTheCourt @MouseInTheCourt]

Turns out "proceeds of crime" are easier to get than they are to get back
Latest twist in the Collateral P2P case sees a convicted fraudster facing prison over an unpaid £197k confiscation order. Investors say they have received just pennies so far...
Full report below

[Peter Cornell @oldgitinashed]

@MouseInTheCourt The FCA 'froze' £480K of Andrew Curries money but only in England and Wales.
A lot of the ill gotten gains went to Spain.

FCA later went after £1.1m, confiscation order £265K.

A lot more £'s missing that the FCA hasn't even investigated fully.

[Peter Cornell @oldgitinashed]

@rosenbaum6 I have a case sitting waiting and as it approached 7 months I was starting to get hopeful.
No doubt the FCA will be happy with more delay.

FCA neither 'confirming or denying' when they have already disclosed to me some emails written by the person in question.

[saintetienne @saintetienne100]

@oldgitinashed @paullewismoney @TheFCA @Moneybox @BBCRadio4 The independent Complaints Commissioner has paused its Collateral (UK) investigation.
Reason: @TheFCA admits it's own response — six years in the making — failed to answer investors' substantive complaints.
1,200+ defrauded investors. Still waiting.
#FCA #Collateral #FCAFail

[Peter Cornell @oldgitinashed]

@saintetienne100 @paullewismoney @TheFCA @Moneybox @BBCRadio4 I have spent the last 8 years trying to get the full story of Collateral into the public domain, I have no intention of stopping now.

[Alan @NorthernPeasant]

They have a sense of humour then?

[Peter Cornell @oldgitinashed]

Investors have established a series of breaches of Statutory and Mandatory duties by the FCA. The truth is available to all who want to see.
The problem is that those who should be interested shy away, it's that bad.
https://t.co/F6lKoMOZuL

[saintetienne @saintetienne100]

FRCC - Collateral uk ltd & the FCA is still on going , there is obviously a hell of a lot of stuff that goes above and beyond @theFCA 's decision letter from december 2024. I would imagine this is absolutely no surprise to all investors.... The TRUTH is all we want.

[Peter Cornell @oldgitinashed]

..... and I expect a major step to be cleared in the very near future
https://t.co/F6lKoMOZuL

[saintetienne @saintetienne100]

FRCC - Collateral uk ltd & the FCA is still on going , there is obviously a hell of a lot of stuff that goes above and beyond @theFCA 's decision letter from december 2024. I would imagine this is absolutely no surprise to all investors.... The TRUTH is all we want.

[stephen middleton @stevemiddi1]

For those who’ve been a victim of bank fraud & I have, who lose years of your life fighting to survive, working 7 days a week, missing holidays, your kids growing up, your friends & social life - if you get through it, you never forget that time.

I’ll never forget what my ‘friends’ at the banks did to me & my family, to hit their targets & protect themselves.

What the public & Parliament haven’t understood yet is we, SMEs, our assets, businesses & money were the banks targets, to fill balance sheet holes after their gambling & greed almost destroyed the economy.

We should never forget or forgive until Justice is done “and seen to be done” for those that didn’t survive.

[saintetienne @saintetienne100]

1,200 investors. £15 million lost. 8 years. Zero accountability.Collateral (UK) Ltd appeared on the @TheFCA register. Investors relied on it. The firm traded for 22 months—then the FCA silently amended the register entry.
Pensioners. People near retirement. Life-changing losses

[saintetienne @saintetienne100]

Tell that to 1,200 Collateral (UK) Ltd investors. Collateral appeared on the FCA register — and traded for 22 months. Then @theFCA silently changed the register entry. £15m gone. Investors left exposed. 8 years later, still no justice, still no compensation. #SystemicFailure #FCA

[saintetienne @saintetienne100]

Who oversees the FCA? Treasury — toothless. Parliament — ignored. The Complaints Commissioner — advisory only. The FCA thinks it answers to nobody. This is not regulation. It's a protection racket. #FCA #FinancialRegulation

[Peter Cornell @oldgitinashed]

@JennyPw12rugv “The ASG agreed that the Part 1 Assessment was not met but agreed that we should do a lessons learned review given the apparent failure of the Authorisations process, working closely with the Complaints team on what to cover.”
Not carried out.
https://t.co/YlMIVZdA25

[Mr Ethical 🚩 @nw_nicholas]

I'm now a poor pensioner...

[Peter Cornell @oldgitinashed]

@MLorrM @E2020Mc @Wftproof @WinkSabee @stevemiddi1 @BankConfidenti1 @anticorruption Good luck with the SRA, their CEO Sarah Rapson was Director of Authorisations at the FCA when the Collateral scandal was in full flow.

Always good to see the revolving door is still working well.
https://t.co/CctQatMBrg

[Lisa @ixshopping]

What doesn’t help victims of regulatory failure is the constant revolving door between the banks, the FCA, the FCA Complaints Team, the FOS and the complaints commissioner https://t.co/6l0guLkaug

[saintetienne @saintetienne100]

Well Mr Bailey - here are all the answers to the questions that you dodged.......
Which you already knew, so why didn't you say this at the time ??

[Peter Cornell @oldgitinashed]

@ArturNadol7566 @TheFCA @bankofengland Andrew Bailey saying he didn't know anything when he had been fully briefed on how it happened who did it and when.
https://t.co/2xQpH2R391