Do you remember me posting about a payments protection insurance claims company which kept on ringing me and writing to me? There have been other companies who have rung, but this one was the most persistent.
They were called Tucan Claims.
I saw this news items today:
http://www.bbc.co.uk/news/uk-england-bristol-18409269
It turns out that the goverment regulator banned Tucan from taking on any new business in April and ordered them to pay all refunds of fees paid upfront they were aware of within 5 weeks. A day before the refunds had to be paid the company went into administration leaving 15 employees redundant and people potentially out of pocket.
The administrator now has the job of sorting things out and will investigate the circumstances surrounding the failure of Tucan.
I feel sorry for those people who have potentially lost their money. If I find out anything further over the next few weeks I'll let you know. I was wary of Tucan from the very beginning and I paid nothing to them, but there will be quite a lot of people who did.