Oracle Insurance Brokers Limited (Monetary penalties, Finance insurance and credit) [2016] UKICO 2016-53 (30 November 2016)

Date
30 November 2016
Type
Monetary penalties
Sector
Finance insurance and credit

Two companies responsible for millions of spam texts offering easy access to loans have been fined by the Information Commissioner's Office (ICO).

Separate ICO investigations into Dorset-based Silver City Tech Ltd and Oracle Insurance Brokers Ltd, in London, found the firms had broken the law because they did not have the consent of the people the text messages were sent to.