Accrington Web - View Single Post

Mancie · 20-11-2006, 18:28

How can it happen that a company can take payment for goods and when the last instalment is paid declare they have gone bust? This is not a case were some Arthur Fowler nicks the Christmas pot, we’re talking about £40 million taken from 150,000 depositors.
It seems incredible that there are no laws or guarantees in place to secure payments made on such a massive scale.

The people who have been paying into Farepak have not gambled or dabbled on the stock market they are simply paying up front for Christmas hampers gifts and shopping vouchers. Of course it is families on lower than average incomes that have been stung , its heartbreaking to see parents interviewed on the news and no one, rich or poor should be ripped off like these people have been.

If an individual stole the money taken from families trying to make Christmas less of a financial burden they would certainly face a prison sentence, will the directors or owners of Farepak get the same punishment? I very much doubt it!

20-11-2006, 18:28	#1
Mancie God Member Join Date: Feb 2006 Location: In the corner Posts: 5,946 Liked: 3 times Rep Power: 10742	Xmas cancelled for Farepak customers How can it happen that a company can take payment for goods and when the last instalment is paid declare they have gone bust? This is not a case were some Arthur Fowler nicks the Christmas pot, we’re talking about £40 million taken from 150,000 depositors. It seems incredible that there are no laws or guarantees in place to secure payments made on such a massive scale. The people who have been paying into Farepak have not gambled or dabbled on the stock market they are simply paying up front for Christmas hampers gifts and shopping vouchers. Of course it is families on lower than average incomes that have been stung , its heartbreaking to see parents interviewed on the news and no one, rich or poor should be ripped off like these people have been. If an individual stole the money taken from families trying to make Christmas less of a financial burden they would certainly face a prison sentence, will the directors or owners of Farepak get the same punishment? I very much doubt it!