Liquidation??

neilr4

What warrants liquidation?

I worked for a guy who I ended up walking out on because he owed me €2,800 in unpaid wages and expenses. Judging by the manner in which he went about his business it was better for me to cut my losses and run! I would have little or no chances of getting my money, he paid in cash so no paper trail. I am aware that I could have contacted the dept of labour & employment and got him in trouble but I just couldn't be arsed and I'm a firm believer in what goes around comes around.

None of his employees have ever received a payslip and those that have insisted on one have been 'let go' after a short space of time deemed 'unfit, not up to the job' etc. etc. as they are seen as a threat.

The company owes all it's creditors money and can't get materials/supplies without paying 100% up-front. (I know this for a fact!) I used to answer the phone to creditors looking for payment and the owner's attitude was "f*ck them!" and he'd just hope that they'd stop calling.

I was talking to a former colleague who is owed approx. €2,000 by my him but who isn't in a position to leave because he has been employed by the company for 10 years and by doing so will forfeit any redundancy payments due should the company go to the wall.

This got me thinking........... This guy can't/won't pay his employees/creditors but yet is still trading, how is he getting away so easy?

I'm battling with my conscience regarding shopping this guy because he's shafting everybody and just letting him dig his own grave. Up until now I have been taking the 2nd approach!

I would've expected somebody in his position to be put into liquidation by now? Surely the authorities should put a stop to this guy?

wmpdd3

He may owe so much to the bank that they will just keep bankrolling him so they can get a return on their investments.

I would say shop him, at least then the employees stuck with him will get their dues. hopefully.

Though you could shop him and nothing is done about him, make sure you do it with out being found out.

When you say he paid in cash do you mean you didn't pay tax, if so you'd better look into how many PRIS contribution you have before you apply for any benefits.

neilr4

The bank aren't bankrolling him! He used to get cheque payments from customers cashed in his local pub until crossed cheques put a stop to that. He had an agreement (when I worked him) with the bank that enabled him to use/withdraw 75% of the value lodged which enabled him to drip feed employees etc. but things got really out of hand.

I have been on 100% benefits since I have left. I worked for him part-time and was on benefits for the rest otherwise there was no way I could've survived on what he gave me. When I approached social welfare regarding PRSI payments on my behalf they informed me they were NOT being met by the employer. He's going to be in big trouble if he goes under as he has not been paying tax for any employees and that will come to light when they make a claim for redundancy pay.

As I stated earlier, I just wanted to get the hell away from this guy but in the past couple of weeks I've discovered that he has tried to screw me with my no claim bonus on my private car by delaying releasing me from the company policy so the gloves are off!

What is the most effective means of reporting him?

gabbytheking

Have a look at this friend: http://www.citizensinformationboard.ie/publications/providers/booklets/entitlements_employmentrights/publications_entitlements_employmentrights7.html

See Quote:Failure to pay all or part of the wages due to an employee is considered a deduction and a complaint can be made under the Payment of Wages Act. Likewise, unpaid notice, holiday pay, bonus and commission payments can also form part of a claim under the Act.

Also 3rd Party cheques are a classic way of avoiding paying VAT on invoices and income on earnings. Threaten to report him to revenue and Social Services and if he doesn't budge report him to both. Revenue are obliged to act upon being notified of fraudulant or suspicious activity.