Review of the Consumer Protection Regime in the UK launched by Government
The British Government has launched a review of the Consumer Protection Regime in the UK. Consumer protection in the UK is the result of several decades of development responding to many different stimuli explains the Better Regulation Executive, in charge of the Review. In the UK there are over 100 pieces of legislation, which result in an estimated £1bn administrative burden. With the fast pace of market development, and the ever strong position of consumers in the economy, it is now time to think of overhauling the regulatory landscape... A full document reviewing proposed changed should be published in spring 2008.
Report on Consumer Information published
The report is published with a warning that too much information can harm consumers. The report written by the Better Regulation Executive (the new name for Department of Trade and Industry)and the National Consumer Council, was published in November 2007. For more information and the full report, follow this link.
Perfect4U is a pyramid scam that has been run by a UK national: Robert Fitzpatrick for several years.
He is banned from being a company director in the UK because of his activities.
However he just skirts around the law, by changing company name frequently and having a seperate company called "One-Vision" to sell his bogus product.
Each time he collapses his pyramid scheme, everyone that Fitzpatrick has exposes to, loose money.
Is there an international organisation that can halt these conmen.
Posted by: SallyAnne | Sunday, July 20, 2008 at 04:36 AM
Sally Anne,
It's called Interpol and they are closely monitoring Perfect4U's latest venture. Which is now calling itself One-Vision.
http://www.interpol.int/Public/FinancialCrime/FinancialFraud/default.asp
There is an investigation into all of these people's previous companies, which have promised the same service around the globe, but have then folded leaving everyone unpaid.
Hope this is of help?
Daniel MUI Tat-ming
Posted by: Daniel MUI Tat-ming | Saturday, August 09, 2008 at 01:21 AM
Wow, I was researching http://www.perfect4u.com and http://www.one-vision.com (plus all the other names they used) for my business law degree and they are truly awful.
Have the leaders finally been indited? They will be facing long terms for:
Not correctly registered as a company internationally.
Operating illegally, without licence, when banned from Gibraltar.
Using proceeds of crimes (previous failed companies) to set up these companies.
Not declearing their true business model when opening up in various states. (there are 26 US states that would not allow them anyway) but bet they have been daft enough.
Money laundering charges, both in the past and currently.
Fraudulant advertising claims.
Mr Fitzpatrick and Mr Singh, both in violation of their disqualified directorship bans in the UK.
No business address on the websites.
Plus numerous vilaltions of pyramid selling laws, despite how they try to dress it up (deceipt)
Finally our government seems to be acting strongly against pyramid / ponzi scams and other white collar crime in general.
Were they arrested in UK? Should not be a problem with current extradition treaties.
I will try to find out more, we have spoken to many victims worldwide and there are many more, but most are too embarressed to admit they were brainwashed and conned
Posted by: SJP | Friday, September 19, 2008 at 03:51 PM