Property Action Group - PAG
The Property Action Group (PAG) has been work in progress for some time, twelve months or more.
This was to scope and understand the issues and typical case studies needed to build the solution requirements, this takes time.
Realising the extent of Fraud in the UK market and that over valuation of property was systemic, it was only a matter of time that a system would be required to untangle the mess that the Banking sector had created.
Thats right The Banking Sector?
They will not do it. It isn't in their interest?
The existing financial system will come under close scrutiny and those who have participated in the criminal activities and harm done to families, businesses and Local and National Economies will be called to account through MP's.
Forthcoming Tribunals and Enquiries will help identify through process scrutiny and governance where "Corporate Bank Robbery", false value through criminal activity, false property or asset description and fraud will be identified.
Route cause analysis of Bank and Professional Operatives documentation such as RICS surveyors, IFA's also Bankers who have abused their professional position and regulatory status for Financial gain will be identified. Named and outed.
Bank Governance and control of process needs to be mapped and scrutinised against issues raised.
Below is a sneak preview of the system designed to identify at speed fraud cases from the past and help run the necessary group actions moving forward.
Property Action Group will work in parallel identifying and grouping issues ready for action to take place by the legal teams.
MSC is a destination once the right solution is understood for individual cases.
Roughly, 10.2 Million UK mortgages need a DSAR to establish if they've been securitised and understand the implications and impact.
Read The Legal Quest Story to Understand this
The PAG technologies used are FioFro Ltd Social Engagement and Online Advice Platform configurations amalgamated to create a powerful tool set.
In this configuration to help identify and expose fraudulent activity and its perpetrators.
This week we attended Portcullis House, Westminster to meet MPs and APPG Banking's Heather Buchanan to explain the issues experienced and lack of attention and follow up to fraud cases reported to The Serious Fraud Office, previously The FSA and now FCA.
The PAG site will be live within two to three weeks.