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absolute bonkers...
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....I know that banks and building societies have millions of pounds locked up in " suddenly bereaved " accounts.......the cynic in me is thinking ???/
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Weird. I can't remember any words in there that were likely to trigger the woke police robot?
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They also seem to have taken the Tom o'Brien thread down?!!
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The post should be restored in essence all it was about was someone asking
for some help in retrieving funds no more and no less and all the replies were from others just trying to help. If some moderator working on behalf of a betting company decided some betting company should be able keep funds of a customer who had passed away and no assistance should be given to anyone trying to retrieve any funds find it hard how they can sleep well at night. Bookmakers for years have had many thousands left to them in the way of 'sleepers' as they describe them. Do they donate these funds to charity ? Of course they don't ultimately end up with shareholders, |
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....Can't mention death now then....makes the robot cry.
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Dodgy legal advice. No-one mentioned probate (ie the legal right to deal with the estate).
I appreciate the OP (to whom condolences) was genuine but some of the replies seemed to imply any old chancer should be able to phone a bookmaker and demand that someone else's funds should be sent to the caller's bank account. Here is the government's guide to probate in England and Wales, with links to the different rules in Scotland and Northern Ireland. https://www.gov.uk/applying-for-probate |
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kennethturrell1 is right to be cynical about sleepers!
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Weird.
I posted the original thread. In essence it is the difficulty in getting the funds (I have full legal authority). * No phone number. *Chat is a bot. * No reply or even acknowledgement of email. Banks/utilities are a piece of cake why not bookmakers? |
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IANAE but maybe ask your MP for help. A letter on House of Commons headed notepaper will be passed up the chain, or at least get past the teaboy.
Which reminds me. Time to update the list of bookie accounts for my own will. |
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On a wider point a FOI request along the lines of:
* How many accounts haven't been inactive for 6m+. * Breakdown of funds of the above. * Is any effort ever made to cross reference these accounts with the registrar (which has deaths and location etc so not hard to cross reference). *Is the onus purely on the deceased family etc who may not even know about the accounts? * what happens to these funds? They have no process and customer services are deliberately opaque and this is for the people who know about the accounts. As I've said banks and utilities have the necessary in place, why not bookmakers? |
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Can you share an example firm with this issue, Joe?
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I've intentionally not named any firm.
Sick to the back teeth of the Racing Post. Their useless "tipsters" giving inane advice whilst those of us who have half a clue can't get a bet on. Wanting to paint a picture of bookies being the hub of the high street whilst the truth is they are only concerned with hoovering money up from those who they deem worthy. Hope the RP goes under like a lot of these bookies. |
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Below is the link I posted on Joe's original thread...
https://www.settld.care/ Click on 'Who we notify', scroll dowl the page and click on 'Betting' and you'll see... Most people save 20 hours of admin stress and hassle by using Settld to: Send the betting companies a death notifications for accounts Request cancellation of accounts Provide Date of Death balances Arrange refunds (if applicable) Request marketing and mail to be stopped Once again, my condolences for your loss and good luck with your task. |