The Lendy Action Group offers support, updates and news to Lendy investors affected by their collapse on May 24th 2019. #lendyaction
London, England
Joined June 2019
- Tweets147
- Following290
- Followers270
- Likes44
Lendy Action Group retweeted
Lendy administration extended by three years #business #finance #P2P #lendy #lending @LendyAction
p2pfinancenews.co.uk/2020/04…
Lendy Action Group retweeted
Lendy Action Group close to meeting fundraising target #Lendy #LendyActionGroup #RSM #peertopeerlending #investing p2pfinancenews.co.uk/2020/02…
Lendy Action Group retweeted
Andrew Bailey’s tenure as CEO of @TheFCA is described as “A toxic cocktail of negligence, incompetence and indifference to the needs of ordinary depositors, investors and pensioners”.
nytimes.com/reuters/2020/02/…
Lendy Action Group retweeted
The integrity & competency of the Governor of @bankofengland should be above party politics. Delighted to have the support of @kevinhollinrake @vincecable @TiceRichard @johnmcdonnellMP who referenced our @True_and_FairUK report in @HouseofCommons today youtu.be/mk_K1SH1rrw
Delighted to agree with Gina Miller, who demands review of Andrew Bailey as Bank of England governor. His time at FCA was a disaster. No reward for failure. theguardian.com/business/202…
Lendy Action Group retweeted
My demand for review of Bailey as @bankofengland Governor theguardian.com/business/202…
Report/dossier of evidence backing up our call at Trueandfaircampaign.com - not comprehensive eg #HSBCFraud but enough to prompt call for review before coronation of Mr Bailey.
@True_and_FairUK
Lendy Action Group retweeted
1. Victims of financial scandals & representatives of whistleblowers demand a say on who is appointed to lead @TheFCA.
Representatives in London Capital & Finance, Lendy and Connaught were joined by Whistleblowers UK in a joint letter to Rishi Sunak.
thetimes.co.uk/article/scand…
Lendy Action Group retweeted
Exc: Victims of investment scandals and representatives of whistleblowers demand an audience with @hmtreasury (ideally @RishiSunak) so they can give their views on who should replace Andrew Bailey as boss of the City regulator
thetimes.co.uk/article/scand…
Lendy Action Group retweeted
Lendy Action Group raises over £50,000 for legal fund #administrators #legalfund @LendyAction p2pfinancenews.co.uk/2020/02…
Lendy Action Group retweeted
Liam Brooke is one of the Lendy directors responsible for the fraud. Yet @TheFCA does nothing. Not only are the valuations fraudulent, he adjusted the terms and conditions retrospectively and stands to collect up to half of all the money recovered in "late fees".
Lendy Action Group retweeted
Exactly Mark, watching from the sidelines was like multiple flashbacks of the same car crash, Andrew Bailey controlling the traffic. Known names cropping up everywhere, investors were lambs to the slaughter.
Lendy Action Group retweeted
@TheFCA rules require that P2P investors’ money is ring fenced so money can’t be used to pay creditors and insolvency costs. The administrator thinks otherwise!
Consumers invested in Lendy believing their money would be ring fenced in the event of failure.
@retheauditors @premnsikka #P2P Loan platform #Lendy investors #crowdfund legal challenge to administrators
Lendy Action Group retweeted
Lendy investors are slowly coming to realise it was a bad-faith lending fraud. Once they've binned conflicted, collusive S&W administrators they should focus on demonstrating links between borrowers, lenders, valuers and solicitors and extent of regulator's knowledge of the scam
Lendy Action Group retweeted
@retheauditors @premnsikka #P2P Loan platform #Lendy investors #crowdfund legal challenge to administrators
Lendy Action Group continues to raise funds to assist with legal action. We've raised over 40k in less than a week but still need your help! Help us fight the cause for investors by contributing here: bit.ly/31afaYx #lendy #p2p #fca #business
Lendy Action Group retweeted
Lendy investors raising funds to dispute ‘recovery waterfall’ #Lendy #LendyActionGroup #RSM #peertopeerlending p2pfinancenews.co.uk/2020/01…
Lendy Action Group is raising funds for legal action to fight the unfair distribution waterfall that is taking money out of investors pockets when their P2P loans are repaid. Help us fight for investors by contributing here: bit.ly/31afaYx #lendy #p2p #fca #business