What is The Worst Criminal Act? Car Theft, or Mis-selling an Endowment Policy?
An interesting report is due to be published later this month by the Crime and Society Foundation, a new criminal justice think-tank.
The report claims that official crime statistics are not a reliable indicator of the true level of offences.
One section of the report refers to the damage done to society as a whole, by the mis-selling of endowment mortgages. Quote:
"A prolific car thief might blight the lives of tens of hundreds of people. The mis-selling of endowment policies has blighted the lives of many thousands...".
As many of us have long suspected, despite what the FSA and life assurance companies pretend, the mis-selling of endowment policies was bordering on the criminal.
Are we likely to see any arrests?