Firms › Raedex Consortium Limited ›
Raedex Consortium Limited
Financial Ombudsman decision DRN-5869753 Upheld
Upheldoutcome, as published by the Ombudsman
£77,413redress stated in the decision
Wed Jan 07deadline 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 and Mrs O complain that HSBC UK Bank Plc (‘HSBC’) won’t reimburse the money they lost when they fell victim to a scam.APP scam refund refused
Rules cited
CRM Code (APP scam reimbursement), Payment Services Regulations 2017
Source
This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN-5869753.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.