Just when you though it was safe to go back into the water... it's the return of the PPRuNe thread revival record holder

and I can only say that Phil's post has brought back long forgotten nightmares. At the time I was attempting to recover lost dues from P247M, I was assisting to recover dues for a colleague Air Ambulance Operator in Prague Czech Republic who had "Fallen Foul" of Richard Sage to the extent of many thousands of Euros! Got as far as being interviewed by the BBC watchdog team, who are the only people successful enough in tracking this con man down. Trouble is, Sage is as slippery as a snake, and he has left a wake of debts throughout the Business Aviation industry. I can confirm the link to Spain and that is probably where he is hanging out currently.
I should have been a damn detective

I put RS & P247M in the same boat and hopefully it will sink very soon. Thanks for the heads up Phil.