Latest Finance and Business News

Thursday 6th September 2018

Government saves £300m in two years by preventing fraud and error.
The government’s national Fraud Initiative (NFI) has saved over £300 million in taxpayers money, in a two year period. Chloe Smith, Minister for the Constitution, has announced over £300 million in savings, made from clamping down on fraud and error. “We are […]

Another Successful Claim

Wednesday 5th September 2018

Here at Mercantile Claims, we have the pleasure of helping many clients end their nightmare timeshare experiences and helping them reclaim money for contracts that were mis-sold to them. It is extremely rewarding to be able to help so many clients, who more often than not have been through years of financial […]

Another Successful Claim

Monday 3rd September 2018

Mercantile claims have the pleasure of helping over 6,500 clients terminate their timeshare burdens, which often have caused years of financial hardship and stress. It is extremely rewarding to be able to help so many people, who more often than not have been through some thoroughly harrowing experiences.
Being able to provide these […]

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 […]

Rise In Lenders Devaluing Homes.

Friday 27th July 2018

Down valuation is on the rise and involves lenders valuing your future home at a significantly lower price, when in actuality it is worth thousands more. It counts for 1 in 5 property sales compared to 2 years ago, when this was just 1 in 20. It leaves buyers having to find […]

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 […]