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Creditors still waiting for Fabien payout

Creditors of failed broker Fabien Risk Services are still out of pocket, as its liquidator Begbies T...

Creditors of failed broker Fabien Risk Services are still out of pocket, as its liquidator Begbies Traynor has only recovered around £15,000 of commission and other income since its collapse last October.

According to Dominic Czerwinke, insolvency administrator in charge of the case at Begbies Traynor, there is still £480,000 of outstanding monies owed.

He added that Saturn, owned by Martello, was owed £207,000. When questioned by Professional Broking, Saturn refused to comment.

On 18 April

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