Unfairpak Forum - How Farepak Stole Christmas

On Friday 13th Oct 2006 - Farepak Hampers went into administration. Over 100,000 customers were told that no food hampers or vouchers or other goods will be supplied this Christmas as promised, and no refunds! Share your thoughts here...
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PostPosted: Sat Aug 18, 2012 10:43 pm 
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Unfairpak have campaigned for truth and justice for Farepak victims for almost 6 long years now.

The case against the Directors of European Home Retail and Farepak Food & Gifts Limited collapsed spectacularly earlier on this year and Mr Justice Peter Smith slated the way that HBOS had acted in the whole debacle.

There are still questions to be answered regarding the collapse of the Group and Unfairpak believe HBOS hold those answers.

Unfairpak were well aware that Park II could have rescued Christmas, not only for 116,429 savers but also for Farepak Food & Gifts Limited itself. However, HBOS, at its most senior level and having initially called it a “neat solution” then proceeded to ‘sit’ on it for 6 weeks before pulling the plug on the entire Group. Peter Cummings was quoted by Mr Justice Peter Smith as being the “ultimate arbiter”. The moment his decision was made he knowingly allowed extra subscriptions to be received when he also knew those receipts would be exclusively destined for his bank, without warning to the depositors.

This is NOT the first time HBOS have acted in this way. The people involved in this debacle must be exposed. Farepak savers were known as “Doris”, they are not the only ones to be called that by HBOS.

Back in February of this year, our National Campaign Coordinator wrote an article in the Times wherein she stated “The outcry over politicians’ expenses and bankers’ bonuses shows that society is no longer willing to sit back and let the “fat cats” get away with it any more. We are becoming a classless, less deferential society and the Farepak fight back is another example of how the voices of the “little people” will be heard. If any good can come from the debacle, this could be it. This week a loud message has been sent: no one is above the law and, though it may take time, justice will prevail.” Suzy Hall 17th February 2011.

Unfairpak were originally told that it would cost £15,000 to obtain the transcripts from the trial. The majority of Farepak savers were women on low incomes and simply could not afford this amount. We have since been informed copy transcripts will cost considerably less and probably hundred as opposed to thousands of pounds.

Accordingly, we are asking you to help us continue the fight for justice, to support us in our quest to obtain these transcripts which may help to further highlight potentially illicit activity at HBOS. We need as many people as possible to donate £1 (or more) to our PayPal http://www.paypal.com account info@unfairpak.co.uk in order to obtain the transcripts and give us a fighting fund to investigate HBOS’s role further. We might even be able to get legal advice on how to proceed. We will keep a running account of what is received and how it is disbursed, on the Unfairpak site http://www.unfairpak.co.uk/ .

Many thanks.

What our supporters have to say:-

"What happened with Farepak is absolutely outrageous and I'm not even sure it's legal. But regardless of legalities, HBOS should pay back every penny to the victims”...Paul Moore, HBOS Whistleblower 17th August 2012

"HBOS's handling of the Farepak and European Home Retail situation in September and October 2006 confirms that, two years prior to its own narrowly averted collapse, the bank had become congenitally incapable of acting honourably, morally or ethically -- especially in view of the fact it continued to take in 'deposits' in September and October 2006, in the full knowledge that Farepak and EHR were headed for insolvency.”...Ian Fraser, Financial Journalist 17th August 2012

It is crucial to the future of UK banking that all the 'baggage' about HBOS is exposed, dealt with appropriately and that such behaviour is banished from the UK financial system before we become a laughing stock. Of all the HBOS scandals, this may not have been the biggest but it was certainly one of the shoddiest. One wonders if the HBOS bosses enjoyed their Christmas dinners in 2006? Even Scrooge may have found this one a step too far? Positively "ill founded and misconceived.”...Paul Turner 17th August 2012.

Crown Currency Exchange

Unfairpak would also like to bring to your attention the fact that we are aiding Crown Currency Exchange victims in their fight. Approximately 13,000 have had around £20 million taken from them and are currently stuck in limbo due to no news coming out from liquidator, Duff & Phelps and also due to police involvement.
However, again, in this case, Barclays knew fine well from May 2010 that Crown Currency Exchange were in trouble yet continued to accept monies instead of “exiting” its relationship with Crown Currency Exchange despite having “serious concerns” about the “viability” of Crown Currency Exchange in May.

Unfairpak shall be writing to the Treasury Select Committee and FSA regarding HBOS and shall be urging Crown Currency Exchange victims to do the same.

Paul Moore, HBOS Whistleblower stated in an interview on Mr Richard Murphy’s website on 14th August “We have not finished with what actually happened at Royal Bank of Scotland and HBOS. I would encourage politicians and regulators to be a rigorous and forensic about those investigations, as they possibly can be and as transparent. If people have not acted in accordance with the principles, it is vital that they must be held to account.” He further goes on to state that “a firm must act with integrity; a firm must act with due skill, care and diligence; a firm must have adequate systems and controls and particular risk management systems; a firm must pay due regard to its customers and treat them fairly.”

Obviously, Mr Paul Moore is referring mostly to HBOS but as we are all so clearly aware, the whole UK banking system has to be looked at as a whole as there are scandals appearing left, right and centre practically every single week.

Unfairpak accordingly ask you to support our Appeal to obtain the transcripts but furthermore, we strongly urge you to have an independent, judicial public enquiry into fraud, wrongdoing and ethics of British banks, their management and their staff, and the role of the British Bankers Association. This inquiry must have full powers to compel witnesses to appear on oath, and to obtain all forms of evidence.”

Yours faithfully


Suzy Hall
National Campaign Coordinator Unfairpak



P.S. I know that I am not your constituent but I am the voice of Unfairpak many of whom will be your constituents. Unfairpak have also stated we shall help Crown Currency Exchange Action Group and they shall follow up with an email to their respective MP's and MSP's.

Please support our Appeal and give it the attention that it so duly deserves.

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PostPosted: Sat Aug 18, 2012 10:44 pm 
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I have been bulk emailing and reached my quota on Unfairpak mail. Got as far as the G's in Westminster. Shall start emailing again tomorrow.

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PostPosted: Sat Aug 18, 2012 11:26 pm 
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Who's a busy bee, You never seem to sit back on your Laurels Suzy. Good Luck

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PostPosted: Sat Aug 18, 2012 11:45 pm 
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Very Sick wrote:
Who's a busy bee, You never seem to sit back on your Laurels Suzy. Good Luck


I do sometimes John but I get bored very easily. Plus, I am still not convinced that a huge injustice has happened here. I am in touch with other people affected by HBOS in various ways and similar names keep popping up. I can't leave it. Unfairpak started this wanting the truth and the truth is what we will get, one way or the other and if HBOS have acted inappropriately, I am gonna make damn sure they are exposed for it! x

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PostPosted: Sun Aug 19, 2012 8:25 pm 
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All MP's emailed!

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PostPosted: Mon Oct 15, 2012 11:40 am 
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:?: :?: :?: :?: :?: :?: :?: HI ALL ,HAS ANYONE RECEIVED THIER CHEQUE YET ?


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PostPosted: Mon Oct 15, 2012 12:26 pm 
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hough1 wrote:
:?: :?: :?: :?: :?: :?: :?: HI ALL ,HAS ANYONE RECEIVED THIER CHEQUE YET ?



Cheques are being printed. I hope to have up to date information by Friday at the latest and will of course keep everyone informed.

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