You might think the worst thing that can happen if you sign up to change telephone companies with a door-to-door caller or a persuasive telephone salesperson is less-than-ideal rates. The ABC’s Four Corners last night documented how thousands of Australian small businesses got scammed by telephone bundle deals which promised free TVs and other equipment as well as cheaper calls, but left them liable for large bills after the phone providers went broke.
You can check out the full episode below, or read a transcript here. The big lesson? Any deal that promises loads of free equipment and requires you to sign multiple contracts should be treated with extreme, extreme caution.