Is my Dad being taken for a ride?

shadowspy24

I personally wouldn't ever send any money abroad and I know all about high interest accounts etc (I spend a lot of time on this website) but my dad, he only came to this country when he was in his twenties and as such he has accounts, land and other ties in Bangladesh. The money was sent to his bank account in Bangladesh using that company as he didn't know how else to do it so he will know exactly when it arrives the problem is they haven't sent it.

Now as far as I can gather from the times he hasn't hung up on my dad he does explain that he is having overdraft issues with his Barclays account and that it will be sent soon. That's all he tell us, doesn't bother giving a time frame any more. How much of it is true, I don't know, maybe he's invested the money in magic beans for all I know, but we don't really want to hear his problems, we want solutions. My dad paid good money for his services and he isn't getting what he paid for so surely there must be a way to hold him to account?

I doubt he's gonna go bankrupt and vanish over £25k and as long as he's in business we can continually chase him up. I guess what I'm worried about is if he turns around and just says that he's not gonna pay what we can do about it?

The county court judgement idea seems a good idea. Is there any other routes my dad can take?

sabretoothtigger

If he has assets to seize then all is not lost but its very tricky, a proper lawyer is needed I think. Sometimes they do free consultations and then you can decide if they are worth paying to get the reminder of the money back.
Pity you cant just put his BMW on tow or something nice and immediate like that, its not theft if you intend to return it and of course get your 25k 'deposit' back

I dont know about these things but I dont get why big banks couldnt have sent it. RBS was operating in Pakistan I read, Barclays only soon now will stop dealing with Somalia so surely someone proper deals with Bangladesh

atypical

sabretoothtigger wrote: »

I dont know about these things but I dont get why big banks couldnt have sent it. RBS was operating in Pakistan I read, Barclays only soon now will stop dealing with Somalia so surely someone proper deals with Bangladesh

Bangladesh is also considered high risk so nearly all (if not all) the major banks have pulled out. There's always Western Union though.

Barclays pulled out of Bangladesh a few months back. According to this article 90% of remittance companies used them:
http://www.newagebd.com/detail.php?date=2013-05-12&nid=48845#.Uj9MAEC0Pps

Might just be an operational issue but doesn't explain why they're so reluctant to give the cash back.

Ark_Welder

Contact the FCA helpline, probably best to phone them: http://www.fca.org.uk/consumers/consumer-helpline

atush

So it sounds like the firms money is tied up in the Barclay's withdrawal?

Anyway, the fca helpline above, followed by county court if need be.

And yes, after judgement, the bailiffs can tow away the BMW for auction lol.

Archi_Bald

You can lodge claims for up to £100K with Money Claim Online https://www.moneyclaim.gov.uk/web/mcol/welcome

I'd get in the queue before it fills up.....

shadowspy24

I got a call and email today saying that they have sent 2k and that they require proof of income and payslips and some other paperwork to check the money is legit. So have sent off all the stuff and more money (another 3k) should arrive in 2-3 working days apparently. They are really dragging their heels on this but will phone up tomorrow and check if the 2k they said has gone has really arrived or if it's just more bs. It will be a real struggle to extract the whole amount any time soon but at least they are doing something!

innovate

Dodgy outfit if they communicate with you about your father's financial matters. I know you are trying to help, and hope you can sort it, but they do sound dodgy like hell.

Ifts

shadowspy24 wrote: »

So have sent off all the stuff and more money (another 3k) should arrive in 2-3 working days apparently. They are really dragging their heels on this but will phone up tomorrow and check if the 2k they said has gone has really arrived or if it's just more bs. It will be a real struggle to extract the whole amount any time soon but at least they are doing something!

[STRIKE]You got to be joking right?[/STRIKE]

[STRIKE]Your father gave this outfit £25,000 to send abroad to Bangladesh (17th August) which has not happened to date AND now you go and give them another £3000....[/STRIKE]

FWIW - Please don't part with any more money when it comes to this firm

edit: Sorry OP I misunderstood what you meant in above post (was not clear, thought you had given them more money), you would be surprised the amount of people that throw good money after bad when they have been scammed in the hope they will somehow get the original amount back.

shadowspy24

Ifts wrote: »

You got to be joking right?

Your father gave this outfit £25,000 to send abroad to Bangladesh (17th August) which has not happened to date AND now you go and give them another £3000....

FWIW - Please don't part with any more money when it comes to this firm

NO NO NO, I'm not that much of an idiot! I'm sorry it came out wrong. They said they have sent 2k of the 25k and will send another 3k in 2-3 working days. So assuming they do what they say, then only 20k will be outstanding. As soon as we get the money sent over, WE ARE NEVER EVER DEALING WITH THIS COMPANY EVER AGAIN!!!