Finance News

Thursday 3rd November 2011 

A millionaire property developer who was jailed for bouncing £50 million worth of bad cheques has found his appeal for wrongful imprisonment squashed and must serve his full seven-year jail term. Safi Qurashi was jailed in 2010 after being found guilty of bouncing cheques by a Dubai Court. However, a judge in Dubai’s Court of First Instance this week upheld the sentence, after hearing evidence from court-appointed experts that suggested the security cheques...   

Serial suer sets £350k sights on mum 

Thursday 3rd November 2011 

A corrupt New Town solicitor, who is currently suing his sister and a former storage boss over property ownership and artwork respectively, is now launching legal action on his...

Manager of the Month: Hammers win ‘Avery’ time 

Thursday 3rd November 2011 

We can today announce the second winner of the Manager of the Month competition, exclusive for brokers, within the Fantasy Football Premier League, the largest fantasy football game in...

Pressure mounts for ‘Prop Up Proprietors’

Thursday 3rd November 2011 

Debt solution provider and DEMSA member, Atlantic Financial Management, has seen a steady increase in the number of small business owners and sole traders seeking professional debt advice because they have used their personal finances to support their business.    In the absence of support from their bank, these ‘Prop up Proprietors’ have used personal credit cards to pay business debt, creating a debt spiral with interest accruing each month.    The findings come as the latest insolvency figures are due to be published for Q3 2011 and are expected to show another rise in business insolvencies. This follows statistics from KPMG showing a 33... 

Former Newcastle striker joined rival club to pay off debts 

Wednesday 2nd November 2011 

Ipswich striker Michael Chopra has admitted to losing up to £2 million due to an addiction to gambling. The former Newcastle, Cardiff and Sunderland player confessed to playing whilst injured in order to cover the debt he owed. Having recently checked into the Sporting Chance Clinic in an effort to battle his...  

Bailiffs - 15 minutes of infamy 

Wednesday 2nd November 2011 

On Monday October 31, ITV broadcast Exposure – Bailiffs, a programme detailing some shocking tactics perpetrated by what appeared to be rogue bailiffs. The television programme, which...  

Finance News 

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