Scam Wise - Torbay Council

Investment schemesYou may be invited by a friend or neighbour to attend ameeting about a money making scheme. It will often takeplace in someone’s house by invitation and for women only.You will be asked to keep it secret and to donate money,often about £3000. You’ll be told that by donating you willjoin a network of people, and as more are recruited, you willget your £3000 back, even up to £24000!These schemes are doomed to failure as the supply ofparticipants quickly dries up. Running or promoting ascheme like this is a criminal offence.Holiday offerYou are phoned out of the blue by a company saying youhave won the opportunity to buy a holiday in Florida (or someother exotic destination) at a cut-price rate and they ask foryour bank account / credit card details.If you provide these details the money is taken from youraccount. You are then sent details of the holiday onlyto find that you have to pay for the flights as only theaccommodation is cut-price or free.Trading Standards advise you not to agree a holidaycontract during an uninvited phone call.Neverprovide bankdetails orpart withmoneyunlessyou areabsolutelysure you arepurchasinga legitimateproduct orservice.Misleading charity collectionsYou receive a flyer asking you to donate clothes to helppeople in the third world. This turns out not to have beensent by a charity at all but by a private company.Before you donate to a cause that you have not heardof, check that they are actually a registered charity.Alternatively give to your local charity shop.The Charity Commission keeps a list of all registered charitiesand you can reach them on 08453 000 218.Phone Consumer Direct for help and advice on 08454 04 05 069