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Regulator shuts down 200th rogue claims firm

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Regulator shuts down 200th rogue claims firm

Post by leauk on 8/9/2010, 08:49

The 200th rogue claims management firm is now in the process of being closed by the Ministry of Justice.

The 200th case for the claims management regulation unit highlights the ongoing success of its efforts since it was launched in 2007 to protect customers from firms which breach rules and put their money at risk. This includes companies who offer to help people with personal injury compensation claims and with attempts to get their debts cancelled.
As the latest statistics were released the unit reaffirmed its determination to weed out firms whose actions harmed customers, including ongoing work to cut unwanted cold-calling in person, by phone and by text message and cracking down on misleading marketing, unfair upfront fees and “cash for crash” frauds.

Kevin Rousell, the head of the unit, said:

‘Many of these firms provide a valued service, helping people who might not otherwise be able to afford to have access to justice.
‘But there are some which mislead people or carry out various kinds of malpractice, deliberately or otherwise, and we are working hard to ensure they either bring their practices in line, or stop altogether.’
In the worst cases firms who had their authorisation cancelled were involved in fraud, while others were caught using misleading marketing and aggressive sales techniques.
The latest milestone follows the announcement in August 2009 that the 100th firm had been stopped from trading.

Peter Jackson MIBA, FBII, MIAPI, DipAPI, LLB(Hons)
Law Enforcement Agents UK Ltd
PO Box 148,
LS21 9BE
West Yorkshire
07799 465070 (24 hour)
0844 6869980(Office)
0844 6869981 (Fax)
Fellow World Association Professional Investigators
Member International Bar Association
Member British Agents Group
Member E-Legal
Member UK-PIN Member
British Institute Innkeepers
Conseil Europeen Des Detectives
Member IWWA Investigations World Wide Association
Member on the Advisory Council. National Association of Fraud Investigators
NABO National Association Business Owners
Senior Manager
Senior Manager

Posts : 23
Join date : 2010-08-26
Age : 61
Location : West Yorkshire


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