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BREAKING: Its official: Buy 2 Let Cars Limited – the £47 million Ponzi scheme operated by an FCA approved company

By Tom Winnifrith | Friday 21 May 2021


 


RSM has filed its joint administrators’ proposal dated 7 May 2021 at Companies House which effectively confirms that Buy 2 Let Cars Limited was a circa £50 million Ponzi scheme with new investors paying for existing investors’ interest and returns of capital.  This is revealed on page 14 of its report which discloses that: 

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