Scams Charges Filed in Safe Hands Collapse
Two individuals, Richard Wells and Neil Debenham, face charges of conspiracy theory to defraud adhering to the 2022 collapse of Safe Hands Plans Ltd, the Serious Scams Workplace (SFO) revealed.
- Defendants: Richard Wells, former director of SHP Funding Holdings Ltd, and Neil Debenham, a senior exec.
- Targets: Around 46, 000 customers lost cash.
- Influence: Planholders are owed an estimated ₤ 70 6 m.
- Court Date: The implicated are arranged to appear at Westminster Magistrates’ Court on February 5 th.
The SFO’s Emma Luxton called the charges a “crucial action” in the direction of justice for impacted planholders. Safe Hands’ failure occurred before regulative oversight by the Financial Conduct Authority.
