Pension Fraud Investigation Not a High Priority in Standard Life (Phoenix Group Holdings)
- Dr. Roy Schestowitz
- 2023-03-20 17:22:06 UTC
- Modified: 2023-03-20 17:22:06 UTC
Video download link | md5sum f1eb8aa87974df65f6c70839b5e0645f
Too Busy to Investigate Fraud
Creative Commons Attribution-No Derivative Works 4.0
Summary: The 'Open Source' company where I worked for nearly 12 years embezzled its staff; despite knowing that employees were subjected to fraud in Standard Life's name, it doesn't seem like Standard Life has bothered to investigate (it has been a fortnight already; no progress is reported by management at Standard Life)
Tuesday a week ago was when I last spoke to Standard Life after the prior Tuesday I had been given false promises regarding progress in a case of pension fraud perpetrated by my my former employer, a company that has 'Open Source' in its name and was one of the earliest sponsors of the Free Software Foundation, even of KDE.
It's quickly becoming rather frustrating to see that pension providers in the UK (maybe elsewhere too, but I cannot verify this for myself using
first-hand experience) prefer to not deal with serious fraud, instead delaying, stonewalling and tiring the complainants. Today I contacted Laura, a Standard Life manager, about 2 weeks after we first spoke. She said she would redirect this to a fraud investigation team, but today she says it has not really started and may take another week with another team -- a subject that will be covered in the next video.
This morning we
covered (also see my
personal blog) how Standard Life had failed to respond to a fraud report, instead issuing false assurances that it would investigate. It's an eye-opening ordeal.
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