BANKRUPT BANKER
Showing posts with label 13. Show all posts
Showing posts with label 13. Show all posts
We'll sue £20m Crown Currency Exchange rat The Sun NewsSun City: "action group last night hired a legal team to look into whether they can take on CROWN CURRENCY EXCHANGE boss Peter Benstead.
Tracey Osborne - one of the 13,000 customers owed a staggering £20million - told Sun City: 'We're investigating every avenue we can.'
The shock move came as Prime Minister David Cameron was urged to intervene in the affair. And shamed Treasury officials once more dismissed calls for new regulation.
In a terse personal statement Mr Benstead, 67, said he was 'very sad' that thousands of people's holidays had been ruined by his company's collapse on Monday. But he added: 'They (customers) have not lost anything yet.'
Insiders believe that at best CCE customers will only get back 15p for every £1 they are owed by the company. CCE allowed people to pre-order currencies up to a year in advance."
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