Travellers hit as Crown Currency Exchange slides into administration Money The Guardian: "Thousands of holidaymakers, business travellers and second-home buyers fear they have lost money following the collapse of one of Britain's biggest foreign exchange companies.
Crown Currency Exchange was placed in administration after its bank accounts were frozen at the weekend. More than 13,000 customers are directly affected, having handed over hundreds – and in some cases thousands – of pounds to the company.
Administrators MCR warned: 'We cannot guarantee an early resolution for those looking for a quick return of their money.'
Many people who had placed currency orders with the company flocked to online forums to vent their anger.
'I've just sent them £10,000! No chance of seeing any money for us,' said one contributor to the Review Centre website."
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