No win, no fee ..up to no good
Compo pledges are a £500K con
17/04/2008
Lee Wilson (Pic:Andrew Price)
Compo pledges are a £500K con
17/04/2008
Lee Wilson (Pic:Andrew Price)
Lee Wilson's face grinning from newspaper adverts persuaded thousands of people that he was a man to trust.
His company Stanley Porters offered to chase compensation for mis-sold endowments, payment protection insurance and unfair bank charges on a no win, no fee basis.
Hopeful, Ann Smith paid a £350 deposit to seek compensation for her endowment.
"This was refundable in the event that they failed to uphold my complaint," explained Ann, who now lives in France
His company Stanley Porters offered to chase compensation for mis-sold endowments, payment protection insurance and unfair bank charges on a no win, no fee basis.
Hopeful, Ann Smith paid a £350 deposit to seek compensation for her endowment.
"This was refundable in the event that they failed to uphold my complaint," explained Ann, who now lives in France
"They took all my details and proceeded with the application. I've heard nothing from them for more than a year."
There's a good reason for that. Stanley Porters went into liquidation last summer owing more than £500,000.
Creditors included more than 1,300 people who'd paid deposits in excess of £300.
Asked if deposits were in danger Wilson, 33, said: "Are they heck!"
But the company's liquidator has found zero assets.
Customers aren't the only ones to lose out.
Last March, Wilson sacked four staff in his Chester office by text.
"Due to the lack of professionalism and poor overall performance of the Chester office, I hav no option but to let u go," Wilson wrote. "Ur pay wil be calculated and paid on pay day. U are not required to go into the office. All belongings wil be sent to u."
So far, just a sorry story of a business collapse.
But there's another ambulance-chasing compensation specialist on the block.
Carter Miller & Co, incorporated in Scotland, offers to "give back control of your finances to you".
It also claims that: "To date we have 100 per cent success rates on claims for your bank charges, mis-sold endowments, Serps pension claims and PPI insurance protection claims.
"We've helped literally hundreds of people so far to take back money that is theirs by law from the greedy banks and institutions with their runaway charging schemes and cash-grabbing scams."
And who's behind Carter Miller, scourge of cash-grabbing scams? None other than Lee Wilson.
Carter Miller was set up one month before Stanley Porters went into liquidation.
Wilson appears to have left his house in Chester and may be living in Manchester.
When we rang Carter Miller, all "claims handlers" were busy and we left a message.
We haven't heard back. Says it all.
There's a good reason for that. Stanley Porters went into liquidation last summer owing more than £500,000.
Creditors included more than 1,300 people who'd paid deposits in excess of £300.
Asked if deposits were in danger Wilson, 33, said: "Are they heck!"
But the company's liquidator has found zero assets.
Customers aren't the only ones to lose out.
Last March, Wilson sacked four staff in his Chester office by text.
"Due to the lack of professionalism and poor overall performance of the Chester office, I hav no option but to let u go," Wilson wrote. "Ur pay wil be calculated and paid on pay day. U are not required to go into the office. All belongings wil be sent to u."
So far, just a sorry story of a business collapse.
But there's another ambulance-chasing compensation specialist on the block.
Carter Miller & Co, incorporated in Scotland, offers to "give back control of your finances to you".
It also claims that: "To date we have 100 per cent success rates on claims for your bank charges, mis-sold endowments, Serps pension claims and PPI insurance protection claims.
"We've helped literally hundreds of people so far to take back money that is theirs by law from the greedy banks and institutions with their runaway charging schemes and cash-grabbing scams."
And who's behind Carter Miller, scourge of cash-grabbing scams? None other than Lee Wilson.
Carter Miller was set up one month before Stanley Porters went into liquidation.
Wilson appears to have left his house in Chester and may be living in Manchester.
When we rang Carter Miller, all "claims handlers" were busy and we left a message.
We haven't heard back. Says it all.
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