Viewble TV ‘Scam’ Stings Small Businesses Thousands
Hundreds of local small businesses have unwittingly been hit with thousands in fees, after installing a promotional Viewable TV under the assumption they’d be paid advertising revenue.
Reported by The Sydney Morning Herald, many small business owners claim promotional TVs were installed at their premises, without any notification of the exorbitant fees involved.
While lawn mowing business owner, Harvey Levy, did not sign a written contract, smh investigations claim he’d unknowingly entered an agreement with third-party finance provider, Multipli, deducting $430 every month.
Levy claims he has also not received any advertising revenue.
Under a three year agreement, a Viewable TV could sting local small businesses $15,500, reportedly affecting thousands.
Small business ombudsman, Kate Carnell, is said to be working with Viewable TV and its financial providers, after receiving over a hundred complaints.