Freezing them out – putting a stop to cold calls
The Government intends to introduce welcome legislation to make it easier to fine companies and people who cold call. Stopping or reducing cold calling significantly would surely put a break on the many investment scams around.
Details from BBC:
'Imposing fines of up to £500,000 on the
companies behind cold calls and nuisance text messages is to become easier
under changes to the law being made by the government.
The move follows tens of thousands of
complaints about cold calling.
Currently, firms can only be punished if
the Information Commissioner can prove a call caused "substantial damage
or substantial distress".
But from 6 April, that legal requirement is
to be removed.
More than 175,000 complaints were made to
the Information Commissioner's Office (ICO) last year about nuisance calls and
text messages.'
