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Lyca's cash-stuffed rucksacks |
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#1 |
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Forum Member
Join Date: Jun 2007
Posts: 120
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Lyca's cash-stuffed rucksacks
A five-month investigation by BuzzFeed News has revealed that the Lyca telecoms group deploys three men to drive around in an unmarked people carrier depositing bags of money, which have totalled up to £1 million each week.
http://www.buzzfeed.com/heidiblake/t...ash-stuffed-ru -- Pete Forman http://petef.22web.org/payg.html |
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#2 |
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Join Date: Jul 2007
Posts: 3,993
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Quote:
A five-month investigation by BuzzFeed News has revealed that the Lyca telecoms group deploys three men to drive around in an unmarked people carrier depositing bags of money, which have totalled up to £1 million each week.
http://www.buzzfeed.com/heidiblake/t...ash-stuffed-ru -- Pete Forman http://petef.22web.org/payg.html .I see its apparently an allegation of money laundering or tax evasion. Quote:
One of the Conservative party’s biggest corporate donors, Lycamobile, is facing serious questions over its finances after three bagmen were secretly filmed dropping off rucksacks stuffed with hundreds of thousands of pounds twice a day at Post Offices across London.
A five-month investigation by BuzzFeed News has revealed that the Lyca telecoms group deploys three men to drive around in an unmarked people carrier depositing bags of money, which have totalled up to £1 million each week. Legal and financial experts said the “deeply suspicious” cash deposits should be urgently investigated. |
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#3 |
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Join Date: Jan 2002
Posts: 636
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Quote:
A five-month investigation by BuzzFeed News has revealed that the Lyca telecoms group deploys three men to drive around in an unmarked people carrier depositing bags of money, which have totalled up to £1 million each week.
http://www.buzzfeed.com/heidiblake/t...ash-stuffed-ru I wonder if some of Lyca's competitors operate in a similar fashion... That said, let us not forget how some of the big player's do things, for example Vodafone's deep reluctance when it comes to paying tax. The telco industry has a dark side, no doubt. |
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#4 |
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Join Date: Aug 2014
Location: United Kingdom
Posts: 2,887
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Do Lyca have a lot of money then? They always seemed to be a tiny company to me.
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#5 |
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Join Date: Feb 2015
Posts: 1,325
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Quote:
Do Lyca have a lot of money then? They always seemed to be a tiny company to me.
I was in Germany recently and I noticed how much advertising the MVNOs there do which was very interesting. They're big players because of how high the contract prices are. The 4g access is trickling down to them slowly on o2-de but telekom.de and vodafone DE keep their 4g to themselves. |
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#6 |
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Join Date: Oct 2003
Location: the wild world web
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"Lycamobile has donated more than £1.3 million to the Conservative party since David Cameron came to power, including over £500,000 in this year alone, despite avoiding paying any corporation tax for years by moving revenue out of the UK through a complex offshore corporate network."
However the way it is reported is a bit dodgy too, the report simply confirming a cash business model, common at the type of outlets used. |
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#7 |
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Forum Member
Join Date: Jul 2007
Posts: 3,993
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Quote:
Do Lyca have a lot of money then? They always seemed to be a tiny company to me.
http://www.mobilenewscwp.co.uk/2015/...and-customers/ |
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#8 |
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Forum Member
Join Date: Apr 2005
Posts: 13,091
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Quote:
"Lycamobile has donated more than £1.3 million to the Conservative party since David Cameron came to power, including over £500,000 in this year alone, despite avoiding paying any corporation tax for years by moving revenue out of the UK through a complex offshore corporate network."
However the way it is reported is a bit dodgy too, the report simply confirming a cash business model, common at the type of outlets used. |
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