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Pension Review Cold-Calls Banned by the Government

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 scams. And the stories of those who have been targeted are truly heart-breaking, with thousands of pensioners after having saved their entire lives, now facing financial hardship in their retirements. This lead to campaigners calling for an Prompt pensions cold-calling ban, to help protect … Read more

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Mobile Customers Overpaying For Data

According to new analysis from Citizens Advice, 71% of mobile customers with a SIM-only plan are overpaying for data, they don’t use. This costs the consumers a combined total of £800 million per year.

The charity commissioned YouGov to survey 4,070 adults between 29 November and 3 December 2018, and asked participants how much data they pay for, how much data they use and how much they spend each month.

The online survey, found that customers could save approximately £63 per year by switching to a cheaper deal that matched their data consumption. The average amount wasted each … Read more

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Disney’s Riviera Resort Open For Reservations

Disney’s Riviera Resort is now accepting guest reservations for stays beginning in December 2019. The new resort is the 15th Disney Vacation property. Disney’s Riviera Resort is said to be inspired by Walt and Lillian Disney’s travels throughout Europe and the Mediterranean coastline.

Terri Schultz, Senior Vice President and General Manager of Disney Vacation Club said in a statement: “ Walt fell in love with European art, architecture, food and stories, and his extended tours of the region continue to influence Disney storytelling and theming. We look forward to welcoming our members and guests later this year to this … Read more

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New figures show extent of pension scams

Action Fraud has revealed that two people have reported to the service, that they have lost more than £1 million each to pension scams. However, Action Fraud believes this is only the tip of the iceberg as many victims never contact the authorities to report it and so the total amount of people who have handed over such large pension pots is unknown.

In 2017, the average loss of pension scams was £91,000. Victims reported receiving cold-calls, offers of free pension reviews and promises that they would get high return rates, all of these promises are warning signs of … Read more

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Retailers advertising real fur as Faux Fur

Clothes shops have been selling real fur, but advertising it as fake. After an investigation by the Advertising Standards Authority discovered this practice was Pervasive, they have ordered retailers to stop immediately. The agency has given retailers a deadline of 11 February to change their ways or face punishment.

Why would a retailer advertise fur as fake?

Often a retailer has been mis-led somewhere in their supply chain, but the Advertising Standards Authority, say this is not an excuse. They say the companies need to take charge of this and make sure they are not mis-leading their consumers.

Miles Lockwood, … Read more

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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 Cyber Crime Reporting Centre. Victims reported losing £3,129,273 during this time, an average of £40,640 per month.

Director of Action Fraud, Pauline Smith said: “Fraudsters are taking advantage of people looking for pets online, often to bring into their family. When a person falls victim to this fraud, the distressed and financial loss caused can be huge and … Read more

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The WhatsApp Scam

The ‘WhatsApp Gold’ scam, which has being doing the rounds since 2016, has surfaced again in the form of a new message.

Action Fraud is warning consumers of another WhatsApp scam being circulated by fraudsters again. In the message, it is claimed that there is a video which will be launched called ‘Martinelli’. The video itself is a Prank and does not seem to exist. The message also warns of links being sent out to sign up for ‘WhatsApp Gold’.

Previous versions of ‘WhatsApp Gold’ messages have included promises of free flights and ‘exclusive’ access to Improved features such as … Read more

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Scammers Targeting University Students

Thousands of fraud reports have been received by the tax authority from students at university and colleges across the UK. Fake emails, which use university addresses in a bid to appear authentic , may tell people that they are owed money and encourage them to send their personal details. The recipient’s name and email address may be included several times within the email itself and the email will include links that redirect the recipient to websites where their data is stolen. The emails often spoof the branding of HMRC, Gov.UK or credit card branding.

Director of Action Fraud, Pauline … Read more

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12 Years In Jail For Timeshare Fraudster

Kristopher Chavez has been convicted by jury, of one count of violating the Colorado Organised Crime Control Act, one count of theft of an at-risk elder, and 19 counts of felony theft.

According to the initial indictment from December 2016, Chavez operated a timeshare fraud scheme from 2014 to 2016. He would contact timeshare owners from across the U.S, most of whom were elderly and vulnerable. He would invite them to a local hotel and would offer to transfer their timeshare ownerships over for a onetime fee. Once payment was made, Chavez would transfer the title out of their name … Read more

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Action fraud Warn About Pension Scammers

Action Fraud have released a statement saying that organised criminal groups led by married couples and families are scamming pension holders to the tune of millions of pounds.

Action Fraud say criminal investigations involving regulators, government agencies and police forces are currently ongoing into a number of these gangs. In some cases, the fraudsters have hired fraudulent financial experts with pension experience to run large-scale scams. The fraudsters would not be able to run these scams without the insider knowledge of fraudulent experts.

Victims report receiving cold-calls, offers of free pension reviews and promises of high returns. However a ban … Read more

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