You are here: Home - Mortgages - Buy To Let - News -

PPI spammers fined £250k in landmark case

Written by:
Two marketers acting on behalf of claims management companies have been fined £250,000 by the Information Commissioner’s Office, in the first case of its kind.

The two men sent millions of unsolicited texts to consumers about claiming for mis-sold PPI.

They breached regulations that stop mobile phones and landlines being used unless they are requested by the owner.

ICO director of operations Simon Entwisle the public had become increasingly concerned about the illegal marketing texts and calls.

“These are often made by rogue companies claiming to offer pay outs for accidents a person has never had or PPI claims that they are not necessarily entitled to,” he said.

“While companies can phone people to sell them the latest product or service, the law states that individuals should not receive unsolicited texts or automated marketing calls unless they have given their permission.

“We know many companies are failing to do this and two individuals responsible for sending millions of illegal marketing messages are now facing six figure penalties unless they can prove otherwise.

“It would be inappropriate to provide further comment until both individuals have had the opportunity to reply, but we are already working to identify other individuals and companies involved in these unlawful practices.”

The ICO had received almost 30,000 complaints about PPI cold-calling, according to latest figures. Entwisle said it would be taking further action against marketers using similar tactics.


Tag Box




Financial fitness

There are 0 Comment(s)

If you wish to comment without signing in, click your cursor in the top box and tick the 'Sign in as a guest' box at the bottom.

Are you a first-time buyer looking for a mortgage?

Look no further, get the help you need by searching for your perfect mortgage

Which ISA is right for you? A round up of the six products available in 2017

From cash to innovative finance to lifetime, here's our guide to the ISA products available to savers this yea...

Guide to buy-to-let tax changes

In late 2015, former Chancellor George Osborne announced a range of  tax measures aimed at landlords, which t...

A guide to switching energy provider

All you need to know about switching from one energy supplier to another.

What will happen if rates change

How your finances will be impacted by a rise in interest rates.

Regular Savings Calculator

Small regular contributions can build up nicely over time.

Online Savings Calculator

Work out how your online savings can build over time.

Five fund tips for a 0.25% interest rate environment

With interest rates stuck at a record low 0.25% and expectations rates could fall to close to zero, here are ...

Protecting family wealth: 10 tips for cutting inheritance tax

Inheritance tax - sometimes known as 'death tax' - can cause even more heartache for bereaved families. But th...

Travel insurance: Five tips to ensure a successful claim

Ahead of your summer holiday, it’s important to make sure you have the right level of travel cover or you co...

Investing your money

Alliance Trust Plc gives you smart insight into how to invest your money

Money Tips of the Week

Read previous post:
UK ‘out of recession’

The UK economy came out of recession in the third quarter, according to the British Chambers of Commerce (BCC).