DCM Nottingham / DCM Money Solutions in administration?

mikewjones_from_wales

forkque wrote: »

no Mike you are spot o its not fair and i wish you all the luck, Sentley Wilson definatley during his time in charge set out to deliberatly feather is own nest, but you all assume this was everyones intent from the start, but i can assure you it was not John Baird and DCM got many 100s of people debt free, like you your self and myself have stated our debts were due to bad dissitions and circumstances, likewise the same can apply to the running of the company, i also agree it should not have gone on as long as it did and people like your self should definatley not suffered has a resault.
but every time a business fails there will allways be inniocent victims

Now thats where i think you get me wrong.

I know JB might have started out with the best of intentions but he got greedy. he used our money thinking he was going to make it back, problem was he never did. thats how SRW got involved more risky bad deals and more money down the drain. then SRW became sole director after JB died took more money and ran the business down.

mikewjones_from_wales

forkque wrote: »

no Mike you are spot o its not fair and i wish you all the luck, Sentley Wilson definatley during his time in charge set out to deliberatly feather is own nest, but you all assume this was everyones intent from the start, but i can assure you it was not John Baird and DCM got many 100s of people debt free, like you your self and myself have stated our debts were due to bad dissitions and circumstances, likewise the same can apply to the running of the company, i also agree it should not have gone on as long as it did and people like your self should definatley not suffered has a resault.
but every time a business fails there will allways be inniocent victims

Forkque now this is where me and you disagree.

If you invest in a company then you get a return on the risk of it going bad.

We were not investors, that was not their money.

They had no right to use it. Any money that didnt go to the creditors should have been left in the clients account not taken for fancy cars, luxury houses nice suits handmade footware hoildays stupidily large bonus

Thats theft pure as pure and simple can be

forkque

mikewjones_from_wales wrote: »

Forkque, read my post above.

The employees did know what was going on, i have spoken to a few.

The problem is as you said above.

I have heard comments like below

"WE HAD TO MAKE A LIVING SO WE STAYED STUM"
"WE HAD MORTGAGES WHICH WERE RELIANT ON THE WAGES COMING IN, IM SORRY THAT WAS MORE IMPORTANT THAN LETTING YOU KNOW"

ok fair point if you have been told by people then this is how it was i cant speak for every one and i never heard thous comments
but I can say with certainty this was not the view of every employed by DCM, its not hard to work out that I was an employee of DCM, when I felt (but was told otherwise) things were not going right myself and at least 6 of the other employees including at least 2 mangers decided to leave.
This is how I’m certain this company was not set up as a scam but may did not done right by people due to circumstances some within the control or the directors admittedly but many outside their control.
This is not intended in any way to try and justify what happened to you and others at the hands of DCM

forkque

mikewjones_from_wales wrote: »

Forkque now this is where me and you disagree.

If you invest in a company then you get a return on the risk of it going bad.

We were not investors, that was not their money.


They had no right to use it. Any money that didnt go to the creditors should have been left in the clients account not taken for fancy cars, luxury houses nice suits handmade footware hoildays stupidily large bonus

Thats theft pure as pure and simple can be

i dont disagree with your statment but i wasnt refering to investors i was refering to people that get caught up in others poor decisions suppliers, clients,customers etc

mikewjones_from_wales

forkque wrote: »

ok fair point if you have been told by people then this is how it was i cant speak for every one and i never heard thous comments
but I can say with certainty this was not the view of every employed by DCM, its not hard to work out that I was an employee of DCM, when I felt (but was told otherwise) things were not going right myself and at least 6 of the other employees including at least 2 mangers decided to leave.
This is how I’m certain this company was not set up as a scam but may did not done right by people due to circumstances some within the control or the directors admittedly but many outside their control.
This is not intended in any way to try and justify what happened to you and others at the hands of DCM

so what reasons were outside thier control then??

mikewjones_from_wales

Forkque,

hes a little info for you and it speaks for itself

Creditor 1 - Owed £6000 - Paid over 6 years £131 Should have been paid £65 per month
Creditor 2 - Owed £4000 - Paid over 6 years £129 Should have been paid £40 per month
Creditor 3 - Owed £14000 - paid over 6 years £2900 Should have been paid £132 per month

With these figure do you think that the money went missing just on SRW watch

forkque

mikewjones_from_wales wrote: »

Forkque,

hes a little info for you and it speaks for itself

Creditor 1 - Owed £6000 - Paid over 6 years £131 Should have been paid £65 per month
Creditor 2 - Owed £4000 - Paid over 6 years £129 Should have been paid £40 per month
Creditor 3 - Owed £14000 - paid over 6 years £2900 Should have been paid £132 per month

With these figure do you think that the money went missing just on SRW watch

Sorry Mike not sure of your point here ?
im aware that many people paid in money and are little or no closer to being debt free,
I think your trying to say I am saying it was all SW doing and JB had no hand in it???? well im not JB owned the company and 100% controled the purse strings,

whitecrow

forkque wrote: »

Sorry Mike not sure of your point here ?
im aware that many people paid in money and are little or no closer to being debt free,
I think your trying to say I am saying it was all SW doing and JB had no hand in it???? well im not JB owned the company and 100% controled the purse strings,

I think many of us are quite keen to learn what it is you are trying to say. No doubt it will become clear eventually.

Grumpelstiltskin

forkque wrote: »

no Mike you are spot o its not fair and i wish you all the luck, Sentley Wilson definatley during his time in charge set out to deliberatly feather is own nest, but you all assume this was everyones intent from the start, but i can assure you it was not John Baird and DCM got many 100s of people debt free, like you your self and myself have stated our debts were due to bad dissitions and circumstances, likewise the same can apply to the running of the company, i also agree it should not have gone on as long as it did and people like your self should definatley not suffered has a resault.
but every time a business fails there will allways be inniocent victims

Forkque has me confused ( not difficult) He says in the above post John Baird and DCM got many people debt free, yet the information Mike has suggests that even during John Baird's time at the company money wasn't being paid over to creditors and again earlier today Forkque has said John Baird was controlling the purse strings.

So was John Baird fiddling or not?.

If he wasn't and was totally above board why weren't Mike's creditors being paid?

Another thing why bring a disgraced solicitor into the firm, if you were 100% genuine you would run a mile from someone like that.

forkque

Grumpelstiltskin wrote: »

Forkque has me confused ( not difficult) He says in the above post John Baird and DCM got many people debt free, yet the information Mike has suggests that even during John Baird's time at the company money wasn't being paid over to creditors and again earlier today Forkque has said John Baird was controlling the purse strings.

So was John Baird fiddling or not?.

If he wasn't and was totally above board why weren't Mike's creditors being paid?

Another thing why bring a disgraced solicitor into the firm, if you were 100% genuine you would run a mile from someone like that.

I will try and clear it up for you, the company was going for many years in the early days it ran well and indeed did get many people debt free and saved 10s of thousands of pounds for people it was noy untill the last few years when things started to go wrong.

what i dislike is that it seems people think the company was just set up has a total scam it was not, it also infers that JB fiddled people and thats all he did again not true, but i could see why people may think this, SW was the companies solicitor before he was "disgraced" this i think is were people are getting it slightly wrong it seems people only think SW was involved in the latter years he had some sort of conection for a long time.
but your right i would never have been assosiated with him a reall horrible man greedy, selfish, rude, un-proffesional, dishonest to name but a few