French consumer watchdog probes holiday home scam

Irish counterpart CCPC has told 150 complainants here it may pursue agents involved in leaseback scheme currently under criminal investigation

6th April, 2021
French consumer watchdog probes holiday home scam
Some 150 Irish complainants allege that they were mis-sold leaseback properties in France with the promise of a guaranteed rental income. Picture: Getty

The state’s competition authority has written to its French counterpart seeking details of a criminal investigation into an alleged scam in which 150 people in Ireland claim they were mis-sold holiday properties.

The Competition and Consumer Protection Commission (CCPC) has contacted the DGCCRF, its French equivalent, to request an update on the investigation with which it is assisting.

In correspondence sent to Clare Daly, the MEP, the CCPC said it had previously been advised...

Subscribe from just €1 for the first month!

Currency

What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Related Stories

Legal hurdle cleared in court battle over medieval castle

Legal Róisín Burke 1 hour ago

Ireland well-placed to hear more commercial disputes, judge says

Games developer sues Facebook for $2.5m in Irish High Court

Legal Rosanna Cooney 1 week ago

Ireland ‘missing out’ on $14bn legal services market

Legal Rosanna Cooney 1 week ago