@gregwrightYP
1/5 It was not just the loan charge, but by then the outcome of the Rangers case. Whilst legitimate doubts could exist prior to then, that was not the case from 2017.
1/5 It was not just the loan charge, but by then the outcome of the Rangers case. Whilst legitimate doubts could exist prior to then, that was not the case from 2017.
https://twitter.com/Mylerdoo/status/1317882899589378056
2/5 Of course, I cannot generalise. But I heard the recordings featured some weeks back on @Moneybox and from what I heard the schemes were now evolving:
(1) from lawful avoidance (or what could be argued to be lawful avoidance)
(2) to outright shams.
(1) from lawful avoidance (or what could be argued to be lawful avoidance)
(2) to outright shams.
3/5 Perhaps decades of govt inaction engendered an unjustified confidence amongst these promoters.
Cynics might disagree, however ...
Cynics might disagree, however ...
4/5
Cynics might say that decades of govt inaction and close ties to the govt engendered a very justified confidence that these promoters would be allowed to get away with it. (Per @Jesse_Norman they've done nothing wrong.)
Cynics might say that decades of govt inaction and close ties to the govt engendered a very justified confidence that these promoters would be allowed to get away with it. (Per @Jesse_Norman they've done nothing wrong.)
5/5 Either way, in such circumstances, it would be easy for such promoters to get carried away with their own sales pitch.
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