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Providing
false
details and business descriptions
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When filling in the application please make sure
that you are as precise as possible with your
descriptions. Some customers have unfortunately
been refused an account because they have failed
to give an accurate description. For example -
someone who is selling herbal products, may simply
put 'Health care supplements'. However this can
easily be misconstrued to mean pharmaceutical
tablets, pills etc. However, if a description
of '100% herbal products such as vitamins and
protein supplements' had been entered then it
would have passed the initial stage.
A number of businesses try to apply using false
details and/or business descriptions e.g selling
DVD's but in fact selling medication. As you can
imagine this wastes alot of time for all parties
involved, chiefly us. For this reason, anyone
who knowingly provides wrong business information
will be charged a £150 +VAT Fee
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More importantly this
practice is illegal
This is classed under UK law as 'trying to acquire
products and services under false pretenses with the
aim to commit fraud'. As you can imagine we take this
very seriously and anyone caught doing so will have
their business details past over to the appropriate
authorities.
Any company who changes their business model must inform
us as soon as possible, otherwise their account could
be closed with immediate effect and no refund given.
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