A recent case, successfully prosecuted by Nottinghamshire County Council Trading Standards team, shows clearly that there are rogues about.
An eight strong gang of crooks preyed on elderly and vulnerable people, by cold calling and door knocking , offering to save them care fees with the use of Trusts. The fraudsters took money and either provided nothing in return or Trusts which they had made up themselves. None of them were legally qualified and they could not produce Trusts , which is a reserved legal activity. They were sentenced to a variety of prison terms, community service and suspended sentences for their
The use of Trusts to protect one’s assets is perfectly legal provided the Trusts are properly drawn up under the law and by suitably qualified persons or firms that specialise in this type of work.
Beware of door knockers and cold callers