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  • "2 for 5p - You do seem to have a knack of annoying people with your comments. Next time a topic comes up which you feel you just have to comment on - think twice before you rant on again.

    Perhaps you ARE only saying what you think, but to call people who saved with Farepak as 'benenfit hounds and gutter scum' is disgusting.

    You still have nothing to say about the Farepak clan who stole all the money - these are the gutter scum, robbing people of a decent Xmas."
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Former Farepak customers to get half their cash

8:45am Thursday 12th July 2012 in News Photograph of the Author By Vanessa Cornall , Crime reporter

FORMER Farepak customers will be paid back about half the money they lost in the collapse of the Christmas hamper business, according to liquidators.

Business services firm BDO said they will make dividend payments to Farepak's creditors, including customers and agents, at the end of next month.

They confirmed that a payment of about 32p in the £1 will be made, including the £8 million which Lloyds Banking Group announced it was making available to former Farepak customers last week.

When added to the 17.5p in the pound given by the Farepak Response Fund charity, set up by the Government in 2006, customers will have received a total of approximately 50p in the pound, BDO said. The liquidators said they will aim to make dividend payments to Farepak's 114,000 creditors at the end of August, which will for them mark the end of the liquidation of Farepak.

Credit Union adivsor David McMullan, helped dozens of affected families in the Rossendale, when the firm crumbled six years ago.

He said: “This is great news for all those people affected.

“Those families directly affected should now recieve about a third of the amount they should.

“However it is a shame the people affected could not apply for compensation in the similar manor victims of crime can claim for criminal injury compensation.”

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