Thisismoney.co.uk reports on Dragons' Den deals that appear to have been misleading, despite having been watched by millions of viewers to the BBC2 show. I must confess my sympathies are usually engaged by the underdogs in any situation and that is the case here. I guess the BBC has no legal culpability in these disappointing outcomes for a number of the inventors; they doubtless employ enough solicitors to ensure that. But if you read the article I think that, like me, you will be shocked, for instance, at the apparent misrepresenting of loans as cash investments.
The Dragons will be well shielded by their lawyers and the BBC likewise, but the pawns in the show appear to be insufficiently briefed beforehand and inadequately supported and protected after the show. It seems to me that the programme and its sequelae are exploitative of many of the inventors, without whom there would be no programme. The BBC should make it legally clear during the broadcast whether an offer is a loan or an investment, and that certain follow-up guarantees should be made, and made legally binding, e.g. contact with the Dragons concerned in the deals. I consider there is a moral obligation here.
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