Date: Tue, 25 Nov 2003 04:01:45 CST
From: sufaud@hotmail.com (Sufaud)
Newsgroups: misc.invest.financial-plan
Subject: New DTI initiative on investment scams
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DTI acts over art attacks on the wallet
Rupert Jones
Tuesday November 25, 2003
The Guardian
A campaign to prevent people getting conned by investment scams is
being launched by the government today.
The Department of Trade and Industry estimates that during the past
two to three years more than £350m has been invested in bogus schemes,
with some people losing their life savings. Scams involving property,
wine and art are thought to account for the bulk of this total.
The DTI is publishing new advice today on how to avoid being conned on
its website, dti.gov.uk/scams
The investment scam of the moment appears to be art. A few years ago
it was ostriches, later followed by whisky, wine and champagne.
...
article at
http://money.guardian.co.uk/news_/story/0,1456,1092474,00.html
DTI Web site:
http://www.dti.gov.uk/ccp/scams/page1.htm
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