shire leasing and global telecom issues

You would all be interested to see the information revealed from the link into the website suggested by "barryo" on 5th dec 2010 in Alan Simpson's thread "Shire Leasing/Investec". Once on the site click on " CLICK HERE to watch the 4 Corners video clips" you can then play the full broadcast on Australian television "Bad Call" dated 1-11-2010 and also an interview with Graham Samuel and Sally Emsley.
Australian ABC TV has done what we want BBC's Watchdog to do and forewarn all businesses in the country about being caught up in a telecom or leasing scam.
It may not change anything legally at the moment but it gives an insight into what is going on.
Robert D Mather.
 
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Those of you who have also been following Julie Goodwin’s “Telephone Dilemma” strand will be aware that the directors and some sales staff of BC Telecom have been found guilty of fraud. Well Done to Julie for convincing her MP and Herts Trading Standards that a crime had been committed, and let us hope that the perpetrators all get their just deserts for the financial stress and the worry they have caused to many innocent people.

It is important that the leasing companies involved are also brought to account as, without their backing and connivance, most scams would never get off the ground. It is too easy for them to take the money then try to pass the buck by saying they are not responsible for negotiating the retail price as that’s a matter between the vendor and customer. Leasing companies do have a responsibility, as laid down in the Business Finance Code (para 3.7), to take reasonable steps to check that prices paid for assets being leased are fair and reasonable. It’s obviously more lucrative for them to ignore this and take as much as they can get away with.

It’s therefore important for everyone who has succumbed to any leasing scam to ensure that they complain loudly to both the leasing company concerned and to the Financial Leasing Association (FLA). The leasing companies won’t then be able to claim as they’ve done in the BC Telecom case, that they are not complicit with any fraud, nor will the FLA be able to say they are unaware that their members are not complying with the FLA Business Finance Code.
 
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R Havard

Free Member
Apr 21, 2011
1
0
I am in the same situation, and have another 3 years of payments to go. I cant believe that so many people have been hit by this scam and no one can be punished. The law needs to seriuosly look at these leasing companies responsible. Surely they knew how much this equipment was actually worth?
Any advice is certainly welcome
 
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centralcars2000

Free Member
Sep 18, 2014
1
0
61
has anyone experienced problems with these companies
Hi,i got caught by Global/Shire in 2009,have just finished paying lease £130 p/m costing approx. £7,800 for equiptment which was unusable.Now they want £400 for eqpt I value as zero,and are asking me to return stuff I never had.i was wondering if anyone had success in a legal action.i originally joined give me my money back,to no avail.
Regards Clive.
 
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