Financial Ombudsman Service Tells Banks To ‘Stop Blaming Victims’ !

Thursday 30th August 2018

In their latest newsletter, the Financial Ombudsman Service (FOS) has warned banks to treat victims of financial fraud more fairly, instead of assuming the victim was grossly negligent and to blame.
FOS see thousands of complaints from customers, who have had money stolen from their accounts, and assesses cases where the bank and […]

Scams We Should All Be On The Lookout For

Friday 24th August 2018

Here are just some of the scams we should be on the lookout for.
Police are warning people over doorstep scammers who pose as ex-offenders. The scam involves people posing as ex-offenders going door to door selling items and Greater Manchester Police force are so concerned they have issued a warning. Bogus […]

Crackdown on Fraud must target new generation of online scams.

Tuesday 7th August 2018

As people are becoming more and more aware of the types of scams out there, scammers are having to create new ones, to replace the old ones. We are all aware of Phising but have you heard about Vishing, Spoofing, Twishing and Smishing ?
Neither had we, but these are just some of the […]

The latest headlines from the timeshare industry.

Monday 6th August 2018

Marriott and Starwood Merge for a colossal rebrand.
The merger, which was completed on 1 August, has created the largest portfolio, with 110 Million members and over 6,500 hotels, in 127 countries and 29 brands. They are taking all of these members and brands and combining them into one. This single brand is […]

Holidaymakers be warned, timeshare scams haven’t gone away !

Tuesday 31st July 2018

Trading Standards are warning holidaymakers to be on alert whilst traveling abroad, for salespeople pressuring people into buying timeshares and holiday products, which could lead to people being parted with thousands of pounds of their hard earned cash.
Trading standards have seen a growing number of complaints from holidaymakers, regarding timeshare sales, holiday […]

Crash For Cash Ringleaders Jailed

Friday 20th July 2018

A colossal crash for cash scam, which netted £2 million for its ringleaders, has seen more than 150 people convicted for submitting bogus claims.
 
The full scale of the fraud can now be revealed, as the final 3 defendants in the case have been convicted. All of the parties involved have either admitted or […]

American Timeshare Fraudster Arrested In The Philippines

Wednesday 18th July 2018

An American telemarketer wanted in the US for allegedly committing $6 Million worth of fraud, has been caught, after 6 years on the run.
 
Osvaldo Gonzales was initially arrested by authorities in the Philippines on suspicion of domestic violence. As Gonzales was not a permanent resident in the Philippines, authorities checked records held […]

Another Successful Claim !

Tuesday 17th July 2018

Here at Mercantile Claims we have the pleasure of helping over 6,500 clients terminate their timeshare burdens. Many clients have experienced years of worry and stress due to their timeshare purchase. It is extremely rewarding to be able to help so many clients through what can be a very difficult time, both […]

New Scams To Look Out For !

Monday 16th July 2018

Be Aware: Financial Fraud can be devastating for those targeted and, more often than not, it’s the most vulnerable at risk !
 
 
Credit cards have changed the way we live, making money easily accessible and improving our lifestyles, but alongside this is the growing problem of bank fraud, often with devastating consequences for […]

£24 Million Worth Of Fraud Blocked

Friday 13th July 2018

A Financial scam is committed every 15 seconds in the UK and can leave those affected in financial turmoil.
 
 
It has a devastating impact and often targets the most vulnerable people in society. Many people are left feeling socially isolated and too uncomfortable to discuss it with their friends and family.
A new scheme […]