GL7 May 2019
Round & About Magazine
Round & About Magazine
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advertiser's announcement<br />
WORKING WITH THE BBC<br />
TO EXPOSE SCANDAL<br />
JMP Partnership has been working<br />
with BBC News and BBC<br />
Radio 4 over the last few months<br />
to expose some of the deceptive<br />
behaviour that banks have been<br />
involved in.<br />
‘Over the last 5 years we have sent<br />
hundreds of examples of widespread<br />
misconduct to the FCA (banking<br />
regulator) and the point came earlier<br />
this year when it became apparent<br />
that nothing was being done to stop<br />
it’ said Jon Platt, Managing Director<br />
of JMP.<br />
Since JMP Partnership started<br />
exposing this scandal with the help<br />
of the BBC, both Barclays & HSBC<br />
have been forced to admit that they<br />
will have to write out<br />
to tens of thousands of<br />
consumers they gave<br />
misleading information to. BBC<br />
News and the BBC consumer<br />
affairs programme You &<br />
Yours on Radio 4 have already run<br />
a number of stories and the people<br />
interviewed for these programmes<br />
were clients of JMP Partnership.<br />
Stephen Pearce from Wales was one<br />
of the people who agreed to tell his<br />
story to the BBC.<br />
Stephen said “Barclays replied to me<br />
and said that I didn’t have PPI, and I<br />
was prepared to accept that at the<br />
time because I assumed the bank<br />
had done its research and that was<br />
the truthful and correct answer”,<br />
he said. After beginning to doubt<br />
what he was told, Mr Pearce hired a<br />
CMC (JMP Partnership) to pursue<br />
the matter. Barclays finally wrote<br />
back and admitted he had PPI after<br />
all. The bank accepted that the PPI<br />
policy had been mis-sold and offered<br />
Mr Pearce a refund of £3,991.52.<br />
Sharon Humby from the Isle of Wight<br />
was lied to by Natwest and that lie<br />
cost Natwest over £4,000 in total<br />
compensation. More scandals are set<br />
to be exposed every week.<br />
Read two of the stories online<br />
at www.bbc.co.uk/news/business-45631655.<br />
www.bbc.co.uk/news/business-yourmoney-46260409<br />
LLOYDS RIPS OFF<br />
SMALL BUSINESSES<br />
This offer from Lloyds relates to<br />
a small business based just a<br />
few miles away from JMP Partnership’s<br />
offices on the<br />
Isle of Wight. This<br />
small businesswoman<br />
was missold<br />
several products<br />
by Lloyds Bank<br />
including products<br />
called CORI and<br />
BLRI. These are<br />
essentially PPI policies<br />
sold alongside<br />
commercial loans<br />
and overdrafts<br />
and they were, in<br />
almost every case,<br />
mis-sold.<br />
Just a few days<br />
before this offer of nearly £60,000<br />
came in, this small business collapsed<br />
and the owner was subsequently<br />
declared bankrupt. This refund,<br />
along with two other refunds we<br />
secured for the business, were<br />
ultimately paid to the Official<br />
Receiver for the benefit of the<br />
businesses creditors.<br />
If JMP Partnership<br />
had been instructed<br />
just a week or<br />
two sooner, these<br />
refunds would have<br />
prevented this<br />
businesswoman<br />
from being declared<br />
bankrupt and<br />
provided vital cashflow<br />
at a difficult<br />
time.<br />
JMP Partnership<br />
has recovered<br />
millions of pounds of<br />
mis-sold commercial<br />
PPI from Lloyds Bank so any small<br />
business in Cirencester that banked<br />
with Lloyds should get in touch with<br />
JMP and see if they are owed some<br />
of the hundreds of millions of pounds<br />
that is still unclaimed.<br />
£20<br />
DISCOUNT IF<br />
YOU PROVIDE<br />
YOUR<br />
DETAILS<br />
ONLINE<br />
WWW.JMPPARTNERSHIP.COM/PPI-REFUNDS/ROUND-AND-ABOUT
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