AFR implication is that FCC has an aggregator financing model where by customer signs up and funds move from. FCC to BIG. Although AFR is implying BIG’s account with FCC may be the account credited.
Trouble seems to be if sales staff go awry and don’t get customers properly signed up. Funds are incorrectly drawn with customer not actually aware of alleged debt.
So is all this properly signed up?
And what level of the business is cash?
Who has sold Their shares?
Lucky buggers at GSW can still get 1/3 of their money back!
Would be a gob smacking misunderstanding by Mr Shapiro if all was in fact well.
This will be a lengthy wait.
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