Victims of investment fraud march on Westminster

Image

A group of pensioners, loan charge victims and former professional footballers marched on Westminster to call for tougher action on investment fraud scams

The aim of the marchers, led by founder, Andy Agathangelou, was to bring together victims of financial scandals such as pension scams, investment fraud, banking misconduct and the loan charge.

Several hundred demonstrators took to the streets of London, including former professional footballers Andy Cole and Danny Murphy, who have been caught up in historic tax avoidance schemes.

Andy Agathangelou, founder of the Transparency Task Force, said: ‘The march is a chance to give them a voice and protest the ineffectiveness of authorities, including regulators, in securing fair treatment and justice.’

Marching from the Royal Courts of Justice at 2:15 ending at the Houses of Parliament, they placed a wreath to symbolise the ‘numerous unnecessary deaths’ caused by financial injustices.

The protesters also stopped at the Treasury, HMRC, 10 Downing Street and New Scotland Yard.

Sue Flood, vice chair of the organising committee said: ‘We refuse to be silenced any longer and are determined to see meaningful change.’

One demand the Transparency Task Force is calling for is a public inquiry into financial misconduct in the UK. Agathangelou said: ‘This is a widespread and very serious issue causing great harm to hardworking families across the UK.

‘We want urgent action through a statutory public inquiry to investigate failures by public bodies in relation to fraud and financial services misconduct.’

Will Drysdale | Senior reporter, Business & Accountancy Daily [2023-25]

...

View profile and articles

2
Average: 2 (1 vote)

Rate this article

Related Articles
Subscribe