Danny Butcher: MP calls for servicemen to be warned over ‘get rich quick’ property schemes
Danny Butcher, the former soldier who committed suicide after attending a property investment training academy, has been mentioned in Parliament as part of a push to help ex-service personnel avoid get-rich-quick schemes.
Nick Fletcher MP (pictured) spoke about his death while urging the Minister for Veteran Affairs to ensure ex-service personnel had guidance on how to avoid unscrupulous money-making schemes and were fully integrated into civilian life once discharged.
Danny, 37, became depressed after trying to clear his debts by enrolling on a £13,000 course run by Property Investors in 2019.
Fletcher told the Commons how the on-line money-making scheme had plunged Danny into debt.
“He was, by all accounts, an outstanding member of society. He had toured overseas during his time in the British army and was mentioned by his commanding officer in Despatches.
“Yet after leaving the armed forces, he was lured in by a property scheme that offered those involved to get rich quickly.”
He asked: “What steps is the department taking to ensure all those departing the forces have adequate financial literacy skills so they know how to spend their money wisely and become integrated fully in civilian life?”
Minister Leo Docherty replied that his thoughts were with the family of Danny Butcher.
Absolute tragedy
He added: “Every veteran’s suicide is an absolute tragedy, and we must seek to learn lessons from this. We are working to ensure that all service leavers have adequate financial educational awareness…specifically with regard to debt, household financial management and mortgages.”
Disgruntled property training course attendees are gearing up to bring a group action against Samuel Leeds.
Jarmans Solicitors is set to pursue the action on behalf of dozens of former trainees of the evangelical-style guru, who claims that his investor clients can make their fortunes after attending courses.
©1999 – Present | Parkmatic Publications Ltd. All rights reserved | LandlordZONE® – Danny Butcher: MP calls for servicemen to be warned over ‘get rich quick’ property schemes | LandlordZONE.
View Full Article: Danny Butcher: MP calls for servicemen to be warned over ‘get rich quick’ property schemes
Post comment
Categories
- Landlords (19)
- Real Estate (9)
- Renewables & Green Issues (1)
- Rental Property Investment (1)
- Tenants (21)
- Uncategorized (11,919)
Archives
- December 2024 (46)
- November 2024 (64)
- October 2024 (82)
- September 2024 (69)
- August 2024 (55)
- July 2024 (64)
- June 2024 (54)
- May 2024 (73)
- April 2024 (59)
- March 2024 (49)
- February 2024 (57)
- January 2024 (58)
- December 2023 (56)
- November 2023 (59)
- October 2023 (67)
- September 2023 (136)
- August 2023 (131)
- July 2023 (129)
- June 2023 (128)
- May 2023 (140)
- April 2023 (121)
- March 2023 (168)
- February 2023 (155)
- January 2023 (152)
- December 2022 (136)
- November 2022 (158)
- October 2022 (146)
- September 2022 (148)
- August 2022 (169)
- July 2022 (124)
- June 2022 (124)
- May 2022 (130)
- April 2022 (116)
- March 2022 (155)
- February 2022 (124)
- January 2022 (120)
- December 2021 (117)
- November 2021 (139)
- October 2021 (130)
- September 2021 (138)
- August 2021 (110)
- July 2021 (110)
- June 2021 (60)
- May 2021 (127)
- April 2021 (122)
- March 2021 (156)
- February 2021 (154)
- January 2021 (133)
- December 2020 (126)
- November 2020 (159)
- October 2020 (169)
- September 2020 (181)
- August 2020 (147)
- July 2020 (172)
- June 2020 (158)
- May 2020 (177)
- April 2020 (188)
- March 2020 (234)
- February 2020 (212)
- January 2020 (164)
- December 2019 (107)
- November 2019 (131)
- October 2019 (145)
- September 2019 (123)
- August 2019 (112)
- July 2019 (93)
- June 2019 (82)
- May 2019 (94)
- April 2019 (88)
- March 2019 (78)
- February 2019 (77)
- January 2019 (71)
- December 2018 (37)
- November 2018 (85)
- October 2018 (108)
- September 2018 (110)
- August 2018 (135)
- July 2018 (140)
- June 2018 (118)
- May 2018 (113)
- April 2018 (64)
- March 2018 (96)
- February 2018 (82)
- January 2018 (92)
- December 2017 (62)
- November 2017 (100)
- October 2017 (105)
- September 2017 (97)
- August 2017 (101)
- July 2017 (104)
- June 2017 (155)
- May 2017 (135)
- April 2017 (113)
- March 2017 (138)
- February 2017 (150)
- January 2017 (127)
- December 2016 (90)
- November 2016 (135)
- October 2016 (149)
- September 2016 (135)
- August 2016 (48)
- July 2016 (52)
- June 2016 (54)
- May 2016 (52)
- April 2016 (24)
- October 2014 (8)
- April 2012 (2)
- December 2011 (2)
- November 2011 (10)
- October 2011 (9)
- September 2011 (9)
- August 2011 (3)
Calendar
Recent Posts
- NRLA slams Prime Minister for criticising landlords amid housing crisis
- Why choose The Home Insurer for landlord insurance?
- Landlords could pay tenants up to two years’ rent for failing Decent Homes Standard as PBSA is exempt
- Landlords’ Rights Bill: Let’s tell the government what we want
- 2025 will be crucial for leasehold reform as secondary legislation takes shape