'We lost everything gambling on shares'

anoncol

Luz wrote: »

He carry the can for those corrupted he left behind ,sad ,there is 3 still to go ,the the ex CEO of Barclay,s stockbrokers Rupert Dickinson ,and the crook corrupted adjudicator DAVID ATKINS ,and Mark Hutchinson ,need to go .It was,t Mr Jenkins who corrupted the adjudicator ,but he got to know ,and did not stop it ..

I hope your investment is better than your ability to type and use grammar on a forum. What is with the commas? Why have you put a comma in wasn't? Why are there spaces before your commas?

Gadfium

Luz wrote: »

He carry the can for those corrupted he left behind ,sad ,there is 3 still to go ,the the ex CEO of Barclay,s stockbrokers Rupert Dickinson ,and the crook corrupted adjudicator DAVID ATKINS ,and Mark Hutchinson ,need to go .It was,t Mr Jenkins who corrupted the adjudicator ,but he got to know ,and did not stop it ..

You have proof of these libellous allegations?

No, of course you don't. Still, it's (mildly) amusing to watch you trash about.

Luz

anoncol wrote: »

I hope your investment is better than your ability to type and use grammar on a forum. What is with the commas? Why have you put a comma in wasn't? Why are there spaces before your commas?

If you main problem is the commas, then there is a real problem,one you rather avoiding ........

Luz

Gadfium wrote: »

You have proof of these libellous allegations?

No, of course you don't. Still, it's (mildly) amusing to watch you trash about.

Please feel free to post you'r proofs of the contrary,like why he gave 3 days notice and moved strait to Delloit , who gave him the job or better who arranged that short carrier move.

Then how, and who employed him at Barclay's Wealth, and last,which business with a good reputation to preserve, would dream to employ this crook after this controversial case had hit the news worldwide, AND WITH ALL COMPLAINS THAT HAD BEEN MADE ABOUT HIS CONDUCT TO HIS MANAGER ,AND THE FCA
And final no one is trashing nobody,but IF you play by the books,and respect ,you will avoid the risk of being trashed about .

Happychappy

Jeez is this rant still going on, what is it about when people lose out through their own greed, just accept you made a stupid decision and move on, life's too short, unfortunately not for everythough though ?

broke4good

So, is it true that Mr Atkins asked Barclays to explain why it said that the ATI is not a creidt facility if, from the information he received, it seems to be calculated on some sort of credit check. Mr Atkins also asked why clients are able to trade with money they haven't got.
Mr Atkins also confronted Barclays with a sketch showing how (the original platform) the client was allowed to borrow 100% of the portfolio value without having any cash in the account. After 3 days the money was credit into the account (also the balance was not settled). After another 3 days, the second purchase was also credited without having settled and the account running on negative balance. The sketch showed how money could be borrowed for a total of 15 days, and even after the £40 (late settlement charge) the account was not blocked, but allowed to run with additional money available to borrow on THE ALREADY BORROWED MONEY. Not quite a SIMPLE SHARE DEALING ACCOUNT ON EXECUTION ONLY. Mr Atkins said to Barclays that it WAS VERY IMPORTANT TO ESTABLISH WHETHER THAT SCENARIO WAS POSSIBLE. Barclays acknowledged the scenario, but said that the client was using the platform in a way it was not designed to.
SO also the clients were allowed to invest £16 MILLIONS in two years, not using their own money to buy and sell, but using money allowed to borrow (using the existing portfolio as collateral - SEE USA SHARES MARGIN TRADING), Mr Atkins changed his mind and told the clients that the platform they were using was a basic share dealing account on execution only, NOT INVOLVING THE USE OF MARGIN AND CATEGORICALLY DENIED THAT IT WAS POSSIBLE TO LOSE MORE THAN ORIGINALLY INVESTED.
THE PLATFORM WAS MOVED BY BARCLAYS TO THE HIGH RISKS INVESTMENT IN JANUARY 2014 AND IT HAS NOW CLEAR WARNING THAT CLIENTS CAN LOSE MORE THAN ORIGINALLY INVESTED. INEXPERIENCED CLIENTS ARE ALSO WARNED NOT TO PROCEED AND RETURN TO THE MAIN PAGE.
It seems that at the beginning Mr Atkins realised that the platform was allowing clients to trade on margin using a credit check, but changed his mind, also the platform was moved to the right place.
It seems that the account was miss-sold to clients who had never invested before. The original call recording, were Barclays' staff advised the client to open the account read the terms as: YOU PUT MONEY INTO THE ACCOUNT FIRST, USING YOUR DEBIT CARD, THEN YOU CAN BUY SHARES. The staff, talking to each other also refer to the client as: NO FINANCIAL LOOK, DOG AND VERY LAUGHABLE.
The recording took 10 months to arrive. Mr Atkins was keep saying that there was a technical error. When the recording finally arrived, it had background noise add plus words cut and pasted over the crucial parts. The clients asked the second adjudicator for a transcript, that was (would you believe) asked Barclays to provide. The transcript arrived after 3 weeks and was 50% incorrect. The adjudicator and the Ombudsman said it was OK for them and they cannot hear the wording. But client had the recording analysed....

le_loup

Is there an echo in here?

masonic

le_loup wrote: »

Is there an echo in here?

Didn't quite fill the screen with garbage on first attempt.

bigadaj

Given the recent sites sensitivities to potential for libel and slander I find it interesting that this thread has been allowed to run by the forum team.

masonic

bigadaj wrote: »

Given the recent sites sensitivities to potential for libel and slander I find it interesting that this thread has been allowed to run by the forum team.

I guess Barclays (quite rightly) doesn't see this as worth the effort to complain about. The companies that have complained have tended to do so when the negative comments at least look credible.