Matrix website scheme stopped by OFT.

M2 Presswire, August, 2005

M2 PRESSWIRE-23 August 2005-OFFICE OF FAIR TRADING: Matrix website scheme stopped by OFT(C)1994-2005 M2 COMMUNICATIONS LTD RDATE:23082005 Promoters of a website scheme that offered expensive hi-tech gadgets as a 'free gift' in return for buying a low-value product have given binding undertakings to the OFT that they will no longer promote such schemes.

Mobiles4all Ltd promoted a 'matrix' scheme (see OFT consumer alert December 2004) promising people the chance of getting valuable 'free gifts' such as mobile phones and ipods by purchasing a low value product costing GBP20 - GBP35, such as a CD ROM containing ringtones or a sim card. Participants who bought the product were added to a waiting list for their chosen 'free gift', and told that it would be...