Author: Dennis Chapman
Published: February 20, 2012
Reading time: 1 minute
This article is 10 years old.
Read our disclaimer keyboard_arrow_down
This website content is intended as a general guide to law as it applies to the motor trade. Lawgistics has taken every effort to ensure that the contents are as accurate and up to date as at the date of first publication.
The laws and opinions expressed within this website may be varied as the law develops. As such we cannot accept liability for or the consequence of, any change of law, or official guidelines since publication or any misuse of the information provided.
The opinions in this website are based upon the experience of the authors and it must be recognised that only the courts and recognised tribunals can interpret the law with authority.
Examples given within the website are based on the experience of the authors and centre upon issues that commonly give rise to disputes. Each situation in practice will be different and may comprise several points commented upon.
If you have any doubt about the correct legal position you should seek further legal advice from Lawgistics or a suitably qualified solicitor. We cannot accept liability for your failure to take professional advice where it should reasonably be sought by a prudent person.
All characters are fictitious and should not be taken as referring to any person living or dead.
Use of this website shall be considered acceptance of the terms of the disclaimer presented above.
At least one of our clients was previously caught in a leasing scam by representatives called Business Telecom Ltd.
By making a number of false claims the representatives enticed the client into purchasing telecom equipment at vastly inflated prices on the commitment of refunding payment by way of cash back afterwards.
Leasing companies were then happy to supply the finance for these purchases and the client was left without cash backs but paying off expensive leases. The same company sold many other items of equipment on the same basis to many other organisations including schools and small businesses. The key people within Business Telecom including Christopher Broughton Fox, Jonathan Parris, and Neil Debenham have been convicted of conspiracy to defraud in regard to this scam.
More recently, other fraudsters, Daniel Cullen and Daniel Buttle operating as BC Telecom, and Business Telecommunications System t/a BTS Digital have been prosecuted in a similar way.
The simple advice we would give anyone approached to take on leases is firstly to work out whether the prices you are signing up to are reasonable and don’t rely on verbal promises of future cash backs.