2 Years for Illegal investment scheme

Monday 18th March 2019

2 Years for Illegal investment scheme

In a case bought by the Financial Conduct Authority (“FCA”), Virdee was sentenced to 2 years in prison and ordered to carry out 300 hours unpaid community work. Virdee pleaded guilty to 4 charges relating to misleading consumers, fraud and, […]

Another warning over TV Licensing Scam

Thursday 14th March 2019

Another warning over TV Licensing Scam

Action Fraud are again issuing fresh warnings over an ongoing TV Licensing phishing scam. The National Fraud Intelligence Bureau are continuing to receive high numbers of complaints through their reporting service.
Fraudsters are sending members of the public fake TV Licensing […]

Carphone Warehouse Fined £29 million

Wednesday 13th March 2019

Carphone Warehouse Fined £29 million

Dixons Carphone Warehouse has been handed a £29.1 million fine from the Financial Conduct Authority for mis-selling its Geek Squad service. The FCA said Carphone Warehouse trained its staff in ‘spin selling’ its Geek Squad policy to customers who already […]

Animal Lovers Warned Over Fraud Scheme

Monday 11th March 2019

Animal Lovers Warned Over Fraud Scheme

Future pet owners are being warned about a new online fraud that has scammed victims out of £3 Million.
Action Fraud has issued a warning that between March 2012 and April 2018, 5066 reports were made to the National Fraud and […]

More Timeshare Scams From The U.S.

Thursday 7th March 2019

Timeshare owners face further financial exploitation from scammers, warns action fraud!

The Better Business Bureau in the U.S. is warning consumers about yet another timeshare scam. A woman from Texas reported to the consumer watchdog about a call she received from a timeshare resale agent based in Chicago.
The cold-caller said he […]

Notorious Timeshare Scammer Sentenced

Wednesday 6th March 2019

Notorious Timeshare Scammer Sentenced

The leader of a timeshare resale fraud scam which targeted elderly and vulnerable people, has been sentenced to five years in prison and ordered to pay back $3.37 million in damages. The Notorious Florida Based scammer was sentenced to 63 months […]

New Rules For Rent To Own Shops

Tuesday 5th March 2019

New Rules For Rent To Own Shops

The Financial Conduct Authority has announced it will limit the interest that customers pay on rent-to-own products. The FCA says that all goods purchased after 1 April will be included in the price cap. Meaning the interest charged will only […]

Fraudsters Plead Guilty To Telemarketing Timeshare Scam

Monday 4th March 2019

Fraudsters Plead Guilty To Telemarketing Timeshare Scam

Two men from Florida have pleaded guilty in a telemarketing scam that cost 40 victims more than $1.5 Million. Following an investigation by the FBI, Troy Carter and David Bell have both plead guilty to a huge money laundering conspiracy, […]

Courts Shut Down Timeshare Scammers

Friday 1st March 2019

Courts Shut Down Timeshare Scammers

Two rogue timeshare claims companies run by the same person, have been shut down by the courts for failing to deliver advertised services.
Meredith Pritchard Claims Consultants Ltd and First Law Solutions have been wound up in the public interest at […]

Men sentenced for selling customer data

Wednesday 27th February 2019

Men sentenced for selling customer data

An AXA insurance employee has been convicted of stealing customer data and selling it to a claims management company.
Shane Jerman was taking photographs of customer data and sending them via WhatsApp to his co-defendant Stuart McGill. Investigators found that Jerman […]