Fraud Bureau warns of car parking space pension 'scam'

The method used by those selling the parking spaces is very similar to that used by businesses selling unregulated investments including diamonds, wine and carbon credits, the NFIB said. Members of the public are receiving unsolicited calls from "forceful sales people" offering an opportunity to invest in parking spaces or promoting it as a "sound pension investment", it said. They offer verbal and written promises of a guaranteed and questionable high rate of return. A buy-back scheme is also offered, but there is absolutely no guarantee of an onward sale, as previously experience...