{"id":69334,"date":"2015-02-05T19:43:39","date_gmt":"2015-02-05T12:43:39","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/wonga-escapes-criminal-investigation-over-faked-legal-letters\/"},"modified":"2017-10-18T09:06:13","modified_gmt":"2017-10-18T02:06:13","slug":"wonga-escapes-criminal-investigation-over-faked-legal-letters","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wonga-escapes-criminal-investigation-over-faked-legal-letters\/","title":{"rendered":"Wonga escapes criminal investigation over faked legal letters"},"content":{"rendered":"


\nPayday lender sent demands to borrowers in the name of fabricated law firms, but City of London Police finds no groundsPolice have ruled out a criminal investigation into Wonga over the payday loan firm\u2019s use of fake legal letters to chase\u00a0debts.Wonga was fined \u00a32.6m last June by the City regulator when it emerged that it had been sending out demands for repayments in the names of fabricated law firms, and in some cases charging an administration fee for those services. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Wonga escapes criminal investigation over faked legal letters<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Payday lender sent demands to borrowers in the name of fabricated law firms, but City...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-69334","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-i2i","jetpack-related-posts":[{"id":85256,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wonga-2-0-meet-the-new-breed-of-payday-lenders\/","url_meta":{"origin":69334,"position":0},"title":"Wonga 2.0? Meet the new breed\u00a0of payday lenders","date":"April 14, 2018","format":false,"excerpt":"\r A new wave of credit firms is offering \u2018medium-term\u2019 loans at hefty APRs of up\u00a0to 1,421% The worst of the payday lenders, famed for offering short-term loans at sky-high interest rates, may have faded away, but vulnerable consumers are still being targeted with offers of loans with four-figure APRs.The\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":26690,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/archbishops-criticism-of-payday-loans-causes-reform-of-industry\/","url_meta":{"origin":69334,"position":1},"title":"Archbishop's criticism of payday loans causes reform of industry?","date":"September 21, 2016","format":false,"excerpt":"\r Justin Welby, the archbishop of Canterbury, expressed his displeasure with companies including Wonga in 2013. A lot has since changed \u2013 though not everythingIn 2013 the Archbishop of Canterbury, Justin Welby, declared war on Wonga and other payday lenders crucifying borrowers with 5,000% interest loans. Three years later it\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":25397,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/short-term-loan-history-from-workhouse-to-wonga-shows-things-are-getting-worse-letters\/","url_meta":{"origin":69334,"position":2},"title":"Short-term loan history, from workhouse to Wonga, shows things are getting worse | Letters","date":"September 8, 2016","format":false,"excerpt":"\r In 1797 Patrick Colquhoun was worried about pawnbrokers. Colquhoun, a Glaswegian merchant and magistrate, had co-founded a soup kitchen in London that aimed to \u201calleviate distress\u201d among working families. Colquhoun believed that the provision of nutritious and healthy soups would not simply assuage immediate hunger. He hoped it would\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":26179,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tory-mp-suspended-from-commons-for-leaking-report-to-wonga\/","url_meta":{"origin":69334,"position":3},"title":"Tory MP suspended from Commons for leaking report to Wonga","date":"September 15, 2016","format":false,"excerpt":"\r Justin Tomlinson apologises for leaking details of consumer credit report to payday loans companyA Conservative MP has been suspended from the Commons and ordered to apologise by a parliamentary watchdog for leaking details of a report into consumer credit to the payday loans company Wonga.Justin Tomlinson, until July the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":13020,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/two-cheers-for-googles-ban-on-payday-loan-ads\/","url_meta":{"origin":69334,"position":4},"title":"Two cheers for Google\u2019s ban on payday loan ads","date":"May 14, 2016","format":false,"excerpt":"\r The search engine\u2019s ban on payday firms charging more than 36% APR is a start, but it needs to do more for the full three cheersSuccessive British governments refused to cap super-high interest rates, which is how we allowed Wonga to charge its poor borrowers up to 5,853%. Then\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":21378,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/student-loans-company-debt-collection-letters-lead-to-calls-for-compensation\/","url_meta":{"origin":69334,"position":5},"title":"Student Loans Company debt collection letters lead to calls for compensation","date":"July 3, 2014","format":false,"excerpt":"\r Business secretary to meet agency about tactics in which more than 300,000 graduates sent misleading 'Wonga-style' lettersThe Student Loans Company is facing calls to compensate more than 300,000 graduates sent misleading \"Wonga-style\" debt collection letters, as it emerged that the business secretary, Vince Cable, is to meet the agency\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/69334"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=69334"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/69334\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=69334"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=69334"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=69334"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}