2nd September 2008 Bogus PublicationsThe OFT is again warning local businesses to take greater care before agreeing to purchase advertising space in year planners, guides, maps, directories or similar being published by off-Island agencies. The warning follows allegations to the effect that sales personnel may be trying to encourage local businesses to agree to purchase advertising space in a safety publication by falsely claiming that it includes an advertisement by the Isle of Man Fire & Rescue Service. Anyone who is contacted by off-Island agencies should consider the following matters -
Chairman of the OFT, Bill Henderson MHK, says, “Despite repeated warnings, there are still instances of local businesses agreeing to purchase advertising space in what turn out to be bogus publications without knowing who they are doing business with and without checking that any organisations mentioned by the sales people are actually involved. Unfortunately, many of the businesses who do contact the OFT with concerns only do so after contracts have been signed and quite considerable sums of money have been paid out. Check who you are dealing with, especially if it is a call or contact out of the blue.”
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