Talmix has delcared bankruptcy

Talmix have not been paying their consultants for work that has been completed in good faith. Some consultants working on the Talmix platform are owed more than SIX MONTHS back pay, even though the clients are paying Talmix for services.

Trading Whilst Insolvent: This means that a company is continuing with its daily operations and trading whilst unable to pay debts owed, or having liabilities that exceed the assets. Trading whilst insolvent is a civil offense in the UK and can have serious consequences for company directors.

Evidence exists that the company directors - including Sandeep Dhillon (CEO) and Paul Brennan - knew that the company was insolvent, but continued trading for the better part of a year. During this time, the company collected revenues from clients but did not pass any money through to their consultants who were doing work for their clients. Also during this time, there was a clear pattern of behaviour on behalf of the CEO whereby he promised consultants and vendors that all past-due liabilities would be paid in full.

However, what ACTUALLY happend was the Directors sold the intellectual property of Talmix to another firm, while keeping liabilities (including consultant back-pay) in the entity that declared bankruptcy ... thereby stiffing all of the hard-working Talmix consultants. This behavior is unethical and quite possibly illegal.

Are you a Talmix consultant or employee who has not been paid? Please tell us your story – we will publish it anonymously on our Testimonials page. Also, because Talmix is a UK-based company, the UK government will pursue them for free on your behalf. However, statutes of limitations exist so if you have money that has been withheld for any reason, submit your claim ASAP. You can contact ACAS here. Once the process is started the statute of limitations timer is frozen.

Who Are We?

We are TalmixFraud.com

Our Mission:

1. To inform those working with (or thinking of working with) Talmix of the risks of working with the platform

2. To give victims the chance to help others conduct better due diligence so they can either work with Talmix knowing full well the risks involved, or they can conduct proper due diligence to make an informed decision to either work with Talmix or not

3. Help the community know about Talmix business practices so they can make proper employment decisions when doing business with Talmix

Note: As of 1-Dec-2024 there are over 139 available projects listed on the Talmix platform.

What is Wrongful Trading?

Section 214 of the UK Insolvency Act 1986 deals with Wrongful Trading:

Under this section, Directors may become personally liable to contribute (i.e. pay towards) to the assets of a company if the company was allowed to continue trading at a time when a Director knew (or ought to have known) that there was no reasonable prospect of the Company avoiding insolvent liquidation.

If wrongful trading is proven, the directors can then be held liable to pay compensation equivalent to the estimated losses incurred by the company. This is calculated from the point that they “knew” or “ought to have concluded” the insolvency of the company to the point of formal insolvency.

Depending on the size of the company and length of time between the two, these losses could be significant.

Is trading while insolvent illegal or classed as a criminal offense?

Trading whilst insolvent is technically a civil offence, not a criminal offence. This is when wrongful trading is discovered and it is apparent that the director of the company was acutely aware that the company was going to become insolvent, and yet continued to operate.

If directors begin to trade in unethical ways to attempt to recover from insolvency, this may enter the territory of fraudulent trading. Fraudulent trading is illegal and classed as a criminal offence.

Talmix Directors & Key Executives

Sandeep is a Talmix Director and current CEO. Sandeep is in charge of making the decision to not pay consultants - taking money from clients, but not passing it through to those actually doing the work.

Sandeep Dhillon

Sarah is the Finance Director of Talmix, in charge of making sure funds are available to pay Talmix consultants promptly. However, revenue was collected from clients but not passed through to consultants & vendors.

Sarah Chung

Paul is the Executive Chairman of Talmix, and claims that "Relationshiips Count". If that's true, then you need to pay consultants for completed work and not continue trading if the company is insolvent.

Paul Brennan

Dorothy is the Talmix VP, Marketing & Brand. As stated above, there are over 100 open projects on the platform - which means Marketing is continuing even after Talmix has declared bankruptcy. How will any new consultants know they will be paid?

Dorothy Mead

Pedro is the current Talmix CTO. He is one of the key executives keeping the platform active in recruiting new talent even though the business is bankrupt. This doesn't sound like ethical behavior to us, and we wonder how these people sleep at night.

Pedro Mata-Mouros

This is Poppy - she is the Customer Success Lead (Europe and North America) for Talmix. She has chosen to continue working for Talmix, even after their unethical and possibly illegal behavior. So many consultants remain unpaid.

Poppy Challis

Sarah Chung, Talmix CFO, has several personas on the web:

Is she Sarah Chung, or Jane Ou … or Leslie Sommers … maybe Sally Law?? One has to ask why a company CFO has multiple identities on the web. We also wonder where all the money went that was collected from clients but not passed on to the consultants doing the work?