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Market Oracle FREE Newsletter

Analysis Topic: Consumer Watch

The analysis published under this topic are as follows.

ConsumerWatch

Saturday, March 15, 2008

Florida Boiler Room Shares Con Scams 15,000 Elderly Britons / ConsumerWatch / Scams

By: Sarah_Jones

More than 15,000 Britons have fallen victim to a "Boiler Room" Shares scam that allegedly netted the father and daughter perpetrators more than £35 million.

Paul Gunter, 58, and his daughter Zibiah, 25, were charged by Florida Police with with multiple counts of fraud and money laundering, which carry penalties of 5 to 25 years in prison. Both suspects are British Citizens but resident in the USA and in the process of obtaining US citizenship.

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ConsumerWatch

Tuesday, January 08, 2008

02031035180 SCAM Calls Or Very Bad Public Relations by the Halifax? / ConsumerWatch / Scams

By: Sarah_Jones

Brit's up and down the land are being plagued by calls from 0203 103 5180, whilst most take the form of nuisance silent calls, however many people have been reporting that the caller proports to be calling on the behalf of a major UK Bank, The Halifax (Bank of Scotland) and proceeds to ask for personal banking and circumstance information.

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ConsumerWatch

Thursday, December 20, 2007

Twelve Consumer Shopping Tips For Christmas / ConsumerWatch / Money Saving

By: Consumer_Direct

Best Financial Markets Analysis ArticleWith the Christmas shopping season well under way, Consumer Direct has put together 12 top shopping tips for Christmas to help shoppers avoid problems and get the best deal.

1. Presents

When buying presents, always keep receipts just in case there is a problem with the goods and they need to be returned.

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ConsumerWatch

Tuesday, November 20, 2007

UK Public Sector Incompetence Sinks to New Low - Loss of 25m UK Child Benefit Records / ConsumerWatch / UK Tax & Budget

By: Nadeem_Walayat

The UK Public sector, renowned for gross incompetence and negligence sinks to a new low today as the government announces that the HMRC (Tax and Customs Department) has lost what tantamount's to ALL of the financial records and personal information of ALL of the UK Child Benefit Claimants. This now puts 25 million people at the potential risk of identity theft.

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ConsumerWatch

Monday, October 08, 2007

Asda Supermarket Milk Going Bad Early / ConsumerWatch / Corporate News

By: N_Walayat

In my experience over several weeks, the Milk being sold by Asda at its Sheffield store is consistently going off before the sell by date.

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ConsumerWatch

Wednesday, September 26, 2007

FSA publishes latest findings on Payment Protection Insurance (PPI) / ConsumerWatch / Insurance

By: Submissions

The Financial Services Authority (FSA) has today published the findings of its latest review of Payment Protection Insurance (PPI) selling standards. They show improvements in some areas, but also that many firms are still failing to treat their customers fairly.

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ConsumerWatch

Wednesday, August 15, 2007

Trade War Looming as Made in China Toxic Consumer Goods Removed from Shelves / ConsumerWatch / China

By: Phillipa_Green

Chinese factories start to feel a chill as Wall Mart follows Mattel in removing substandard chinease products from their shelves.

The giant Lee Der toy company that used to employ 5000 workers remains closed after Matels recall of some 18 million toys, likely to cost the company in the hundreds of millions of dollars. Another 10,000 toy factories employing more than a million workers similarly await judgment day in the form of cascading bad consumer press.

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ConsumerWatch

Wednesday, August 08, 2007

Bank and Building Society Mergers Can Spoil Your Savings / ConsumerWatch / UK Banking

By: MoneyFacts

UK bank and building society mergers do not benefit their customers, according to a new study. An analysis of UK bank and building society mergers has found that although these mergers have generated substantial efficiencies for the banks concerned these benefits have not been passed on to customers.

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ConsumerWatch

Saturday, August 04, 2007

Lower Standards - The Downsides to Outsourcing to China / ConsumerWatch / China Economy

By: Andy_Sutton

We were greeted this week again with something that is becoming rather familiar and worrisome; a recall of yet another Chinese-made product. This time it was toys which contained paint with unacceptable lead levels. Most if not all of us remember the recent pet food scandal in which melamine was found in pet food. This substance was responsible for the deaths of an untold number of pets, our own included.

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ConsumerWatch

Tuesday, July 31, 2007

How to Avoid Getting Ripped off When Exchanging Your Holiday Foreign Currency Money / ConsumerWatch / UK Banking

By: MoneyFacts

Lisa Taylor from Moneyfacts.co.uk – the money search engine investigates: “With the children’s summer holidays well underway and the UK weather showing little sign of improvement, many of us will be jetting off overseas in the next few weeks. With so many things to get ready, like shopping for your new bikini, sun tan cream and flip flops, no doubt these will all take preference to shopping for the best deal on your foreign money.

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ConsumerWatch

Friday, July 27, 2007

OFT Launches Test Case On Unauthorised Bank Overdraft Charges / ConsumerWatch / UK Banking

By: Submissions

The OFT will today commence proceedings in the High Court for a declaration on the application of the law in respect of unauthorised overdraft charges.

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ConsumerWatch

Thursday, July 26, 2007

Using Your Credit and Debit Cards Abroad Could Cost You a Small Fortune… / ConsumerWatch / Credit Cards & Scoring

By: MoneyFacts

Lisa Taylor, analyst at Moneyfacts.co.uk – the money search engine, comments: “With travellers cheques becoming less popular more of us are opting for the convenience of using our plastic when we jet off on our holidays. However many travellers are unaware of the level of costs associated with using debit and credit cards whilst abroad.

“We take it for granted that using our debit cards is free of charge whilst on home soil, so it’s not surprising that some consumers are shocked when they see how the charges stack up after using their card on holiday. With terms such as retail conversion charge, and foreign usage charge, it can be confusing for travellers to know exactly what types of fees they will be liable for, and how much it’s likely to add to the cost of their trip.

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ConsumerWatch

Wednesday, July 18, 2007

BBC Catalog of Phone Competition Deception's as Director General Demands "We must put our house in order" / ConsumerWatch / Scams

By: Sarah_Jones

BBC Director-General Mark Thompson today announced a package of tough measures to address the discovery of further serious breaches of editorial standards across some areas of BBC programmes and content.

The further emerging breaches, revealed following a BBC-wide search of around one million hours of output since January 2005, were reported today by Mr Thompson to the BBC Trust, and the Director-General announced the new measures in response to demands for action from the Trust.

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ConsumerWatch

Wednesday, June 20, 2007

Payment Protection Insurance (PPI) Price Rises adding Insult to Injury / ConsumerWatch / Insurance

By: MoneyFacts

Michelle Slade, personal finance analyst at Moneyfacts.co.uk – the money search engine, comments: “With PPI currently under the OFT microscope and being seen as an ‘overpriced, inflexible’ product, you may have thought lenders would be reluctant to rock the boat further. However as the moneyfacts.co.uk survey shows, for many providers the price has continued to climb over the last year.

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ConsumerWatch

Sunday, June 17, 2007

Farepak Victim Puts her Trust in Park / ConsumerWatch / Social Issues

By: Submissions

On 15th October 2006, Suzy Hall's world turned upside down.

The 36 year-old single mum of two from Edinburgh had just realised that Farepak Hampers, the company she and her four customers had saved almost £1000 with for Christmas 2006, had collapsed.

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ConsumerWatch

Saturday, June 16, 2007

Office of Fair Trading launches Interactive Scams Guides / ConsumerWatch / Scams

By: Submissions

The OFT is today launching a series of interactive scams guides designed to help people avoid being tricked into losing money. The guides expose the clever tactics used by scammers and are the OFT's latest tool in the fight against the scams that cost UK consumers £3.5 billion every year.

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ConsumerWatch

Saturday, April 21, 2007

Huge Credit Card Chip n Pin Scam linked to Tamil Tigers / ConsumerWatch / Scams

By: Shahla_Walayat

Motorists across the UK have fallen victim to a huge oraganised credit card skimming scam, that allegedly aims to fund the activities of the separatist Tamil Tiger group in Sri lanka.

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ConsumerWatch

Saturday, April 21, 2007

Don't Get Trapped by Your Mobile Phone Contracts / ConsumerWatch / Telecoms

By: Submissions

Flip phones, inbuilt cameras, prepaid or contract … with so many different deals on offer its easy to become confused by all the options when you're in the market for a new mobile phone.

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ConsumerWatch

Sunday, April 08, 2007

4/10 life insurance customers ripped-off by ratings / ConsumerWatch / Insurance

By: Submissions

Shocking research from specialist insurance website BestDealInsurance.co.uk reveals how greedy life insurers are making huge profits from loading up customers' life insurance premiums for what are sometimes only minor ailments.

David Thomson, Chief Executive from the company says: “It is scandalous just how many consumers are getting hammered by their life insurer for so-called health risks. For example, if you want insurance and a family member has multiple sclerosis some companies will impose a limitation on to what you are covered for.

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ConsumerWatch

Wednesday, March 28, 2007

Whistleblower reveals car giant Renault's cover-up to Watchdog / ConsumerWatch / Corporate News

By: Sarah_Jones

Car manufacturer Renault is tonight, accused by one of its own staff of deliberately downplaying a serious design fault that causes the bonnet of some cars to open while they're on the road.

In an interview for BBC One 's Watchdog – to be broadcast tonight at 7.30pm – the company's former PR manager Graeme Holt reveals he left Renault because of their handling of the issue.

"I think it's been disgraceful quite frankly," he told the programme. "It doesn't get more serious than putting your customers' lives in danger."

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