BANKRUPT BANKER
Crown Currency Exchange Leaves Tourists Without Any Cash 121carhire News: "The Crown Currency Exchange, whose website says it is the home of the best foreign exchange rates, was barred from withdrawing or transmitting any money to its customers after Barclays stepped in. It is currently understood that Barclays has acted to freeze the accounts after the company’s director told the bank it was in trouble.
The bank, which actually does not provide the company with any foreign exchange services, has a legal obligation to freeze accounts in such instances to protect any funds on behalf of its creditors. It is also understood that an administrator is standing by to be appointed should the company go into liquidation. However, the identity of this administrator could not be established.
As of right now, it is not known how much money is in the company’s bank"
