Once again people who are using social media to advertise their businesses are being urged to do it legally after Trading Standards in Swansea has achieved another successful Prosecution. The call follows a latest court case at West Glamorgan Magistrates Court in which a Swansea man received significant fines for advertising services which he was […]
<h1 class="entry-title">Tag: FCA</h1>
Alert: Fraudsters Buy-Back Diamond Courier Scam
The National Fraud Intelligence Bureau’s (NFIB) proactive intelligence team is warning people of a new scam dubbed “diamond buy-back courier fraud”. Information gathered by the NFIB’s proactive intelligence team suggests that boiler rooms operating from overseas (specifically in Thailand) are targeting existing investors of diamonds from victim sucker lists circulated by fraudsters internationally. How a […]
Pension Fraud
With effect from April 6th this year, when you reach 55 and if you have been saving in a personal or company pension, you will have wider choices with what you do with the fund you have accrued. You will still be able to cash in the fund to buy an annuity giving you a […]
Clarity Issued by the FCA on Process Serving
Following representation by the Association of British investigators (ABI) the Financial Conduct Authority (FCA) has reviewed the licensing requirement under the Consumer Credit Act for the activity of ‘Pure Process Serving’ and issued the following guidelines: ‘Pure Process Serving’ is meant that: – The firm (a process server) is instructed by a law firm, or […]
Legal Aid Row Leads to Halting of Serious Fraud Trial
A judge has halted a serious fraud trial after defendants claimed they could not get adequate representation because of cuts to legal aid. Alex Cameron QC – the prime minister’s brother, working free of charge on the bid to halt the case – said the defendants would not get a fair trial. […]