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Phone Finance Scams (4 Comments) (link)
 Thursday, 4-February-2010  00:27:19 (GMT +10) - by Agg

VooDoo sent a warning about some phone finance scams that are doing the rounds and targeting small businesses. There's been recent coverage on A Current Affair and Stateline Queensland. The ACCC are now involved and there's a website here about the issue.

From the ACCC: It is alleged the telecommunications companies used a "bundled services deals" business model. Under the deals the company would enter into a contract with a small business to provide it with telecommunications services and call credits to cover payments for what some customers thought was "free" equipment. Whereas, it is alleged, the equipment was supplied to customers under rental agreements by finance companies that were not related to the telecommunications companies.

I'm not sure about all the claims being made so of course do your own research, but I thought it was definitely worthwhile passing along the warning.



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All original content copyright James Rolfe. All rights reserved. No reproduction allowed without written permission.