Firms › PrePay Technologies Limited ›
PrePay Technologies Limited
Financial Ombudsman decision DRN-4479438 Upheld
Upheldoutcome, as published by the Ombudsman
£10,628redress stated in the decision
Fri Jan 19deadline to accept (not the decision date)
The Ombudsman does not print a decision date. The date above is the deadline the consumer was given to accept or reject the decision, which is set about a month after it was issued. It is reliable to the year, not to the month.
What this decision was about
In the Ombudsman’s words
Mr M has complained PrePay Technologies Limited, trading as PrePay Solutions, did nothing to intervene and stop payments Mr M was making which turned out to be an investment scam.APP scam refund refused
Rules cited
FCA BCOBS (Banking Conduct of Business), Payment Services Regulations 2017
Source
This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN-4479438.pdf on financial-ombudsman.org.uk.
The outcome shown is the Ombudsman’s own published classification, not our reading of the text. Nothing here is legal advice, and a decision concerns only the complaint it was made about.