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Saturday, 13 December 2014

How An SEC Whistleblower Can Approach Holiday Fraud

By Bob Oliver


If you're looking to take an extended break, you may wind up spending tremendous amounts of money. This is especially true for those who decide to go away for the week, as they may want to travel great lengths to ensure that they are as away from everything as they can be. However, what happens when people are given offers related to cheap holidays? As any SEC whistleblower will tell you, this is a matter known more prominently as holiday fraud.

Holiday fraud, for those who aren't in the know, is the act of offering an inexpensive holiday to someone with a hidden caveat. For example, maybe an individual has been contacted with an offer of air fare that's only a third of the price that can be found on any given website. It may even include hotel bookings as well, which makes the offer in question even sweeter. It's when offers like these are given that people should be more cautious than they would be otherwise.

What happens when you aren't given the flight you were promised, though? In fact, what would be the case if the flight was given but none of the added benefits stated earlier came into fruition? Needless to say, this is where holiday fraud would come into play. It serves the purpose of the fraudulent individual, as he or she is able to con the other individual out of actual money they put forth. It's a serious case and it's one that deserves the attention of an SEC whistleblower.

There are many ways to avoid holiday fraud and one of the best ways to do this is to utilize your common sense. More often than not, if something seems to be too good to be true, it probably is. It's also in your best interest to get in touch with certain authorities like Whistleblowers Against Fraud, as they know more about this type of situation than you will. It's also where you may enlist the help of an SEC whistleblower if you happen to be a victim of holiday fraud.

No one can fault someone else for wanting to take time off. Sometimes a vacation may be luxurious, especially if hotel rates are taken into account, meaning that more of an expense will have to be put forth. Even though the idea of saving money is necessary, there's no doubt that holiday fraud is one of the worst ways to go about such an endeavor. Focus on ways to avoid said fraud and your future holidays will wind up being even better.




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