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Three directors of an insolvent pay day loan firm which received cash from retirement liberation schemes have now been disqualified.

Three directors of an insolvent pay day loan company which received money from retirement liberation schemes have now been disqualified.

Speed-e-Loans.com (SEL), utilized 1.2 million from personal investors through the schemes to meet up its debts that are existing.

Directors Philip Miller, Robert Alan Davies and Daniel Jonathan Miller are prohibited from acting as directors for nine, six and 5 years correspondingly for breaching fiduciary duties and the duties of care, ability and diligence. (mais…)

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