The Information Commissioners Office (ICO) has fined a West Midlands based company £80,000 for calling customers registered on a do not call list. Secure Home Systems Ltd called people registered on the Telephone Preference Service over 80,000 times between September and December 2017, which resulted in 268 complaints from consumers.
The ICO began […]
Thousands of owners of interest-only mortgages are being warned that, as their deals come to an end, they could be in for financial trouble. An estimated 81,400 mortgages will run out of their interest-only period during 2019. According to the Financial Conduct Authority, this equates to around £9.2 Billion.
Interest-only home owners will […]
Thousands of people have lost their entire life savings through pension mis-selling, now the government has taken action and changed the law to stop this from happening.
Fraudsters have been using the term ‘Free Pension Review’ and over the past four years it is estimated that £46.7 million has been lost in pension […]
Police in Singapore have charged 3 men over their involvement in a timeshare cessation scam. It is alleged that the 3 men defrauded 20 victims out of nearly £115,000 between 2012 and 2013. Investigators at the Commercial Affairs Department launched an enquiry into a company that was targeting timeshare owners, offering to […]
In the ongoing case of Marriott V Ritz-Carlton Club members, a federal judge partly granted a sanctions motion.
Owners filed the motion earlier in the year, claiming Marriott was acting disproportionately, and in bad faith, by hiding essential documents from the court. Marriott Vacations said they had simply made a mistake by failing […]
Netflix are warning customers to be Watchful after millions of users are targeted by scammers. The problem has become so bad the US government has issued an official warning about the highly convincing emails asking them to update their payment details, and a version of this scam is seeing users in the […]
Two companies, which made nearly 1.73 million direct marketing phone calls to people who registered on the telephone preference service, have been fined by the Information and Commissioners Office. DM Design Bedrooms Ltd, based in Glasgow, has been fined £160,000 for making more than 1.6 million cold-calls and Solartech North East Ltd, […]
A dad from Scotland, no longer has any money left to buy his two children Christmas gifts after scammers stole his life savings from his bank account.
The 31 year old oil rig worker was targeted by scammers claiming to be staff from his bank. Rhys was the victim of a convincing number […]
Liquidator’s working on behalf of Payday Lender Cash Genie have revealed that there is no money left to pay compensation to customers.
In 2016, Cash Genie entered into a solvent liquidation process and ceased trading. Despite this, the Payday Lender said it still had enough income to repay the £20 million owed to […]
A prolific conman scammed over £50,000 from elderly victims in St Albans has been jailed for four and a half years.
Makis Koros, is a career criminal and has racked up over 60 convictions over the years. He tricked his victims, who were all over 90, to hand over their bank cards, personal […]
You are able to pursue a claim yourself to the Financial Ombudsman Service without incurring a fee
