Beware of payment scams.
Unfortunately, we hear hundreds of horror stories every month from timeshare scams victims, with many victims losing thousands of pounds due to the way they paid.
After a few months, most scam companies lose their credit card facilities due to the credit processor, such as stripe, realising their fraudulent ways with some scam companies not able to take credit card payments. This results in these companies only accepting payment by bank transfer. So if your only option is to pay by bank transfer, you should proceed with caution. Paying by bank transfer gives you little protection once that payment is made.
A voluntary code has been created that gives hope to customers who have paid for a scam by bank transfer. This code is called Push Payment Fraud. So if you have paid by bank transfer, there is still a chance you can recover your money. We are pleased to offer this service on a No Upfront Fee basis.
We have recently heard that many banks are preventing customers from making bank transfers because the receiving bank and company are flagged as fraudulent. However, we also know that many more are still being caught out. If you are worried that you have become a victim of fraud and would like help recovering your money, give us a call.
Key Point: If the company or individual is that confident that they can win your claim, ask them to take payment once they have won your case. Any genuine company should be happy to proceed on these terms. If not, avoid it at all costs.