Pension Review Cold-Calls Banned by the Government

Friday 11th January 2019

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 […]

Cold-Calling company fined £80,000 by the ICO

Thursday 10th January 2019

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 homes at risk in 2019

Friday 4th January 2019

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 […]

Update on Marriott Vacations Class Action Suit

Thursday 3rd January 2019

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 unreasonably, and in bad faith, by hiding essential documents from the court. Marriott Vacations said they had simply made a mistake by failing […]

Scammers Target Netflix Accounts

Wednesday 2nd January 2019

Netflix are warning customers to be vigilant 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 […]

3 Men charged over timeshare termination scam

Monday 10th December 2018

Police in Singapore have charged 3 men over their involvement in a timeshare termination 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 […]

Scammers Stole Dad’s Christmas Savings!

Monday 3rd December 2018

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 […]

ICO fines two firms for making over one million nuisance calls

Thursday 29th November 2018

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, […]

Another Timeshare Scammer Sent To prison

Friday 16th November 2018

Naif Nazer from California pleaded guilty in June and now a judge in Florida has sentenced him to serve 30 months in federal prison for conspiracy to commit mail and wire fraud. The case follows an investigation by the US Postal Inspection Service and the Florida Department of Agriculture and Consumer Services. […]

Payday Loan Company Wont Compensate Customers

Wednesday 14th November 2018

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 […]