Checkaco Consumer News: music fans lose their cash after Festicket goes bust leaving them ticketless for a string of gigs and festival dates

Hundreds of music fans have been left high and dry after end-to-end festival experience and ticket supplier Festicket entered administration after a moratorium filed in August ended. Customers of the firm set up by Zack Sabban and Jonathan Younes in 2014 are unlikely to see any of their cash for a huge variety of ticketed […]

CHECKACO CONSUMER NEWS: Andrew Bailey and the FCA are in the firing line as the BBC’s Panorama exposes its inaction over the collapsed Blackmore Bond fund losing the public their life savings

Journalists on the BBC programme Panorama have revealed a shocking level of inaction by the Financial Conduct Authority (FCA) who failed to intervene when the Blackmore Bond fund collapsed. The fund was controlled by CEO Phillip Nunn, who set up the investment scheme with Patrick McCreesh in 2016 to sell high-risk mini bonds to the […]

CONSUMER NEWS FROM CHECKACO: bride-to-be loses £20,000 put aside for her wedding to ‘double bluff’ bank scam

Bank scam warning She was young, clued up and knew all about phone scams but she still got ripped off in a ‘double bluff’ scam. That’s a scam where the scammer is questioned by the victim who then to prove they are genuine passes them to a so-called official who gives them a crime reference […]

Checkaco Consumer News: after England women footballers beat Germany in the Euros a high street bank warns fans are being scammed by fraudsters over fake tickets

By Harry Mottram: with the new football season upon us fans are being duped out of an average of £410 a time by fraudsters selling fake tickets online. Typically, they advertise on social media so called spare tickets or unwanted season tickets to any of the major football clubs in the Championship and Premier League. […]

CHECKACO NEWS: BBC’s Countryfile presenter Helen Skelton is scammed out of her £70K life savings

One of the best known faces on BBCTV admits to being ‘stupid’ in falling for a ‘dodgy’ phone call that emptied her bank account. Helen Skelton, best known for presenting Countryfile on television but also famous for being one of the presenters of Blue Peter for years, admitted falling for the scam was a big […]

CHECKACO NEWS UPDATE: Countdown to the end of funeral plan fraud on 29th July: regulator names firms YOU SHOULD NOT buy plans from (and lists ones they’ve approved of)

Following the scandal of the collapsed Safe Hands funeral plan company the Government’s Financial Conduct Authority (FCA) have published the names of two firms to avoid. The warning comes ahead of the deadline when all firms in the lucrative sector must be regulated by law. Any that fail to be registered will be banned from […]

CHECKACO NEWS: car insurance scam targeting young drivers with fake insurance

Young and vulnerable motorists are being sold cheap fake car insurance by fraudsters on an industrial scale through social media. Victims typically see an advert for car insurance considerably lower than £2,000 for a typical Ford Fiesta from a reputable insurance company and ask for a quote from a fraudster posing as a broker. The […]

CHECKACO NEWS: As crypto currencies crash fears are raised that some are in effect Ponzi Schemes as industry is defended on TV

Last November the Bitcoin was on a high as the new crypto currencies appeared to enjoy financial stability suggesting they were a new way to get rich by investing in them. Eight months later and Bitcoin has halved in value, Celsius Network has frozen withdrawals, TerraUSD is now valueless, while Ethereum one of the big […]

CHECKACO NEWS: New Amazon delivery scam highlighted by TV’s Martin Lewis

Scam alert The Money Saving expert Martin Lewis has issued a warning over a ‘clever’ scam pretending to be from the Post Office about an Amazon delivery. He said: “Beware. Just had a clever version of the ‘pay £1.99 for Post Office Parcel delivery’ scam text, aiming to steal bank info. The ‘fee’ isn’t mentioned […]