Tag Archives: scam

ACCC eyeballs telcos over premium SMS

Posted on 13 March 2009 by Peter Moon

ACCC Chairman Graeme Samuel has fired a clear message across the bows of Australian mobile service providers:  Do something about the premium SMS problem or ACCC will do something about you. We reported ACCC’s increasing hostility to SMS scams last … Continue reading →

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Finance company doesn’t even know it funds telco bundles

Posted on 17 February 2009 by Peter Moon

A national lender claims that it has no idea it has been involved in financing telco bundling deals. Nope, it says, we only finance equipment.  We have nothing to do with any bundled telephone services.  Dunno what you’re talking about. We wonder … Continue reading →

Posted in General, Trade Practices Act | Tagged , | 6 Comments

Big banks in denial over telco scam

Posted on 12 February 2009 by Peter Moon

We reported in November 2008 that there’s increasing evidence that big name banks will be embroiled in the telco equipment financing scam that ripped through Australian SMEs in 2007/8. The scam relied on major financiers being gullible and greedy enough to allow … Continue reading →

Posted in Trade Practices Act | Tagged | 1 Comment