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Tuesday, May 26, 2015

Newsletter: Investing and financial planning

Monday, May 18, 2015

Self-made billionaire: Do you have what it takes?

There may be no single formula for becoming a billionaire, and sometimes circumstances such as being at the right place at the right time make a difference. However, increasing the odds of becoming wealthy is possible by emulating the same characteristics that billionaires have in common. The following Brighton School of Business Management infographic describes common personality traits share by some of the wealthiest people in the world.


Friday, May 15, 2015

How to retire with more money in your pocket

Some people enjoy working in retirement, but having enough money to work at a slower pace and with less worry often takes good financial planning. So how is this done? Financial responsibility is always a good place to start and that does not necessarily mean fiscal self-deprivation. In other words, things like paying attention to financial opportunities such as employer matching programs and building an emergency fund to protect capital.

When it comes to spending, budgeting for vacations and other entertainment is also wise. Otherwise, overspending, unaccounted  for costs and emotional purchases all stand by the wayside waiting to reduce future retirement funds. The following Easy Life Cover infographic illustrates some helpful and important ways to save money for retirement.


Tuesday, May 12, 2015

Counterfeit Viagra gang faces hard times

By Andew Reilly

There are a number of products where people are happy enough with a counterfeit product that is reasonably similar to a brand name product. While you know that you aren’t going to get the quality from a fake Gucci handbag, fake Beats headphones or fake Nike trainers that you would get from the real product, the price may provide you with value for money. If you really want to wear or use your new items on a particular occasion, perhaps boosting your image or standing out from the crowd, you can see why this sort of product would be a decent investment for the money you spend.

However, there are definitely some counterfeit products that you should be a lot more cautious about using. Counterfeit clothes are one thing but counterfeit drugs and medicinal products are another matter altogether. Yes, the cost of any medical products can be high but given the importance of many of these drugs and the need to make sure that you are using them correctly, it is best to stick to the official products. Then again, some people are more than happy to take their chance with counterfeit products, which creates the opportunity for the market, and this is why counterfeit products are available in so many areas.

People look for a boost in their love life

When it comes to medical products that have hit the headlines and are in high demand of late, it is fair to say that Viagra is a product that plenty of people have an interest in. Ordinarily the product is used by men who have erectile dysfunction problems but given that the product is said to give a boost to all men, and even plenty of women, there is a high level of demand for the product which could boost your love life. This created the demand that led to a gang who made around £10m selling this style of product eventually being caught and sentenced.

The gang, featuring three men from London and one male from Brighton, were on trial at the Old Bailey and it turns out that they had been operating between 2004 and 2011. The pills were sold off via a range of “front companies” and there was evidence of a large scale and extremely well organised criminal enterprise being in place. It was found that the gang had been banking around £60,000 a week and that they had bases in Sussex and North East Lincolnshire.

There was potentially fatal consequences from using this product

There were a number of sentences handed out to the various parties involved with the scam but six, five and four year jail terms were handed out. One of the most serious aspects about the products, at least for many people, relates to the fact that the drugs were found to have contained brick dust, paint and acid, all of which can have a disastrous impact on the human body. It is bad enough buying counterfeit goods but when the counterfeit goods can have such a negative impact on your health and well-being; you have to wonder what the appeal of these products is.

The network utilised a number of bogus mail order firms as a way to receive money and then launder the income from the activity which is believed to have brought in at least £10m in the years it was up and running. The head of the Sussex operation of the gang, Neil Gilbert, was sentenced to six years in prison as he was facing a string of offences. He was facing money laundering, there were charges relating to selling or supplying a medicinal product without marketing authorisation and he was also guilty of selling or distributing counterfeit goods.

While there is an argument that all counterfeit crime is serious, it should be remembered that some crimes are more serious than others. This style of crime could have led to people falling ill, even if they knew that there were risks involved with buying counterfeit or suspiciously cheap medical products. The unique nature of this case means that it can be difficult to find a solicitor with considerable experience in the field, but it is important to find a solicitor firm that can provide a robust defence. With a potential POCA case also looming given the sums of money involved, the accused parties need to call on the services of some of the brightest minds in the solicitor pool of the UK.

About the author: Andrew Reilly is a freelance writer with a focus on news stories and consumer interest articles. He has been writing professionally for 9 years but has been writing for as long as he can care to remember. When Andrew isn't sat behind a laptop or researching a story, he will be found watching a gig or a game of football.