Shocking: Slater & Gordon Interims confirm depth of Quindell cash crisis & investor deception part 2

The detailed interim statement from Slater & Gordon out overnight throws into focus the depth of the cash crisis at Quindell (QPP) and how the bastards have serially deceived investors about this. This is really shocking.

The detailed statement is HERE 

You will note in that statement that there is a bold admission that S&G paid £12.1 million to Quindell in Q4 2014 as part of its deal for file transfer and exclusivity. That would be £10 million plus VAT.

In its January trading statement Quindell included that sum in its £13 million reported cash inflow. That in itself is wholly bogus and misleading. 

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