Those in the factoring industry who want to go back to the old days of.....

Due to the foul and abusive troll masquerading behind @honest_brian attacking a number of victims of factoring companies appalingly, the people who run RABF blocked anyone who they believed could be behind this twitter account.  One of those who we identified was Ian Johnston who is factoring broker who has seen a collapse in income since this campaign started.  We do not know if it was Ian but he has used his blog to attack the foundations of the campaign since a meeting with ABFA.



We find Ian's change even more surprising as he was once a strong critique of the industry.  @factoring_blog

We wish Ian all the best for the future and we have never had one complaint from one of his clients.  But his head in the cess pool is replicated across the industry where money talks!

From Ian's blog - You can make your own mind up on his motivation

Factoring critics don’t like being criticized

I’m not a great user of Twitter and although I use an automated program to repost blog posts from both here and my website to Twitter I don’t very often actually log in to read tweets by others.
I did log in this morning and had a quick read of some of the self promotion from the people that I follow and noticed that the scourge of the factoring industry Brian Moore had been very quiet lately so searched on his name to find his last tweet only to be met with the words “You are blocked from following @rabf_ and viewing @rabf_’s Tweets”
Having patiently read his tweets over the years which normally comprise phrases like “We are closing in on a big expose” without ever commenting I finally did comment on a couple of his tweets at the tail end of last year.
In early November we had the following exchange with my initial comment being rather obviously tongue in cheek
Asset Based Finance @rabf
Visting the  fpshow2014 remember the factoring business invoice finance is totally unregulated & open to fraud
Factoring Blog
That’s certainly true as it’s surprising quite how many companies try and defraud their factoring company
Asset Based Finance @rabf
Difference is that no expects their factoring company to be a fraudster signing clients to bust them
Factoring Blog
You’ve been mud slinging for two or three years now but in that time have you actually produced one genuine case?

Round two started later in November when Brian decided to put his own spin on a media report completely distorting it in the process
Asset Based Finance @rabf
“toxic” and “aggressive” culture inside banks led 2 fraud in factoring finance industry take generation to change
Factoring Blog
There is no mention at all of the factoring industry in the report so please don’t put a spin on the report that isn’t true at all.
Asset Based Finance @rabf
Let me get this right a £300bn unregulated asset based finance industry has had no fraud no criminal acts Yer Right
Factoring Blog
Maybe or maybe not but that was not what the report was about and you were just adding your own bias to it
Asset Based Finance @rabf
Yes you are right the banks created factoring divisons outside the PRA so that commit fraud #Lloyds
Factoring Blog
The banks actually created their factoring divisions 50 years ago before all of this regulatory stuff existed.

It seems that like many cyber bullies Brian is quite happy to use the world wide web to rubbish the factoring industry but even the mildest of criticism isn’t to be tolerated and results in his critic being barred from access to his tweets

ADMIN: Ian we are saddened that money has turned your head to the truth of the abuse of insolvency within the asset based finance industry!

http://factoringblog.co.uk/