Farepak victims Christmas cash blow

SUFFOLK victims of the Farepak savings club collapse will not be able to get any of the cash they are due before this Christmas.Around 120,000 victims are expected to eventually receive about 5p for every £1 lost.

SUFFOLK victims of the Farepak savings club collapse will not be able to get any of the cash they are due before this Christmas.

Around 120,000 victims are expected to eventually receive about 5p for every £1 lost.

However the firm's liquidators have said getting the money to the people who are owed it, is still in the early stages, mainly due to the unprecedented number of claimants.

Farepak went into administration in October 2006.


You may also want to watch:


Become a Supporter

This newspaper has been a central part of community life for many years. Our industry faces testing times, which is why we're asking for your support. Every contribution will help us continue to produce local journalism that makes a measurable difference to our community.

Become a Supporter