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Why do people lie?

FCRO Subsection: 
Editorial Staff

The Carbolic Smoke Ball case gave carte blanch for businesses to lie so long as they didn't go too far.

But that related to the efficacy of their products.

Here's an extraordinarily blatant lie that is so common that it's a surprise that it's not stamped on as a matter of policy.

It's in an e-mail from invest@newpropertyinvestment.pro which has a proposal for the purchase of properties north of London.

Instead of the usual 10% deposit on exchange of contracts, they want their targets to put GBP2,000 down to "reserve" and then to pay 25% on exchange of contracts with 75% payable on completion.

They don't say where the GBP2,000 is accounted for so, on the basis that we know the spam is issued by a liar, it suggests that, perhaps, it's not and someone trousers it, hoping no one else notices.

The proposal is of zero interest to me. Although sent to a corporate address, it is clearly aimed at individuals and, therefore in my view falls foul of the unsolicited commercial email law in the UK even though that law was designed to facilitate not block spam.

So why do we know that the issuer of the spam is a liar?

There's this: "You have received this email because you have subscribed to Newpropertyinvestment"

That is absolutely not true.

So, fair warning. Anyone that deals with these people is dealing with someone who is willing to tell lies right from the first contact.

How can you trust anything they may say?

After all, anyone who lies to gain a pecuniary advantage is, prima facie, a fraudster.

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