The Law Society has asked the Metropolitan Police to launch a criminal investigation into Wonga, after the payday loans company was fined £2.6m for sending letters from fictional law firms, threatening legal action.
June 27, 2014 at 07:42 AM
1 minute read
The original version of this story was published on Legalweek
The Law Society has asked the Metropolitan Police to launch a criminal investigation into Wonga, after the payday loans company was fined £2.6m for sending letters from fictional law firm.
On Wednesday (25 June), the Financial Conduct Authority (FCA) slapped Wonga with the fine for sending letters to customers in arrears, from non-existent law firms “Chainey D’Amato & Shannon” and “Barker and Lowe Legal Recoveries”.
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