Greed bites back

Uncle_Ben

Good job Gordon Quilp ain't prime minister anymore, or the rest of us would be bailing these losers out.

PasturesNew

chewmylegoff wrote: »

can't have been that well educated?!

Education doesn't make people bright.... it just gives them more bits of paper.

StevieJ

You would think that this one might have been aware of the risks :eek:

Insurance underwriter Graham Hooper, from London, took out a £150,000 Swiss franc loan to buy a two-bedroom apartment in Cyprus in 2005.

Mr Hooper, 46, who was then self-employed, says he was persuaded to buy the property with a loan through Greek Alpha Bank by his financial adviser, who claimed it was a better bet than a pension.

thor

StevieJ wrote: »

You would think that this one might have been aware of the risks :eek:

It amazes me how there are so many professional people earning fortunes yet are so utterly thick. Whatever their jobs are, it can't be that difficult if they can fall for these types of schemes.

Quasar

thor wrote: »

It amazes me how there are so many professional people earning fortunes yet are so utterly thick. Whatever their jobs are, it can't be that difficult if they can fall for these types of schemes.

When greed takes over, it doesn't matter how smart a person is - it will dictate behaviour and decisions. Same can be said of lust of course, by which many men and women are led - but that's another matter altogether.

blindman

Mrs Rose is quoted as saying

makes me sick to my stomach.’

Now that's an awful lot of sick;)

Loughton_Monkey

thor wrote: »

It amazes me how there are so many professional people earning fortunes yet are so utterly thick. Whatever their jobs are, it can't be that difficult if they can fall for these types of schemes.

Now her life savings have gone, probably the only thing left is her company pension.

What's the betting some little 'financial wizard' will sit down with her and sympathise. Then tell her she can have her place in the sun after all. All she needs to do is to transfer her Final Salary Pension into a SIPP, take it offshore, and invest in the most fabulous Property Investment, tax free..........

....er


Can't stop. Apparently I'm due for a payment of £3,500 for a car accident... it says so in the text message.... must follow this up....

undetterred

Graham_Devon wrote: »

http://www.thisismoney.co.uk/money/mortgageshome/article-2188354/I-sold-dream-life-Cyprus-Now-UK-home-risk-Thousands-face-crippling-debts-holiday-home-plans-sour.html

Should these people be able to sue for being mis-sold?

As you can probably tell, I'm getting a little bored of these "poor me" greed stories!

Its far better to LOL and mock innit

paddyrg

thor wrote: »

It amazes me how there are so many professional people earning fortunes yet are so utterly thick.

Smart at one thing can mean people are even more dumb at other things - Asking a surgeon to repair your computer is as risky as asking a mechanic to make macroons, we all have different strengths thank goodness!

A builder friend lectures groups of LAWYERS about the dangers of fairly obvious 419/Advance fee fraud scams that target law practices, once we get over thinking that smart at one thing means smart at all things, we'll be happier (and a lot less likely to accept celebrity endorsements for things!)

Aberdeenangarse

That day in 2005, Mrs Rose and her husband, along with a group of other guests enjoying a smart reception at the five-star hotel in Gloucestershire

Looking at her picture Mrs Rose appears to have pigged out at the finger buffet. I hope it was worth it?