I feel desperately sorry for the students involved in this mess, yet again the guys and girls handing over the money for training are up for a shafting.
Seconded here.
Surely time for the CAA to become more actively involved in the regulation of FTO's?!?!?!
Agreed.
Where else do you have the potential for a company to trouser maybe £70k+ in a short period of time without having an effective regulator peering over their shoulder? Bankers probably eye this market jealously.
Time for change.