Browse Tag

Lee Burton

Silverpoint: The Story Moves On

Silverpoint formerly Resort Properties and now also known as Signallia Marketing Distribution SL is no stranger to these pages, or to many of those readers who have in the past purchased timeshares from them.

Many of these purchasers have also been taken in with the promise of “investment packs”, these are packs of weeks and apartments which were sold with the promise of a substantial return after two years. This return was supposed to have happened with the resale of those weeks, but these never happened, leaving many with huge maintenance fees and even bigger Barclays Partner Finance loans.

The story was always the same, the weeks and apartments that the clients purchased could not be sold as they were not sought after, in order to secure the initial “investment” the clients needed to “upgrade” to better quality apartments which were being sought. This “upgrade” would also be financed with a BPF loans arranged by firstly Resort Properties and then Silverpoint.

At the helm of this enterprise was the Chief Executive Officer Mark Cushway, who is still at the helm, although they insist they no longer sell “timeshare”.

Mark Cushway

A few years ago these “investment” packs were changed to “The Company Participation Scheme”. This is where the clients are then sold “participations” (not shares), in “registered” companies. These are actually apartments that are registered as companies with names like Palm Beach 112, using the names of the resorts along with a number, (possibly the apartment).

Once again like the “investment” weeks the whole point is to dodge the strict timeshare laws, which at first Silverpoint were successful in doing so. They actually fooled the courts in the early days that the purchasers were not buying timeshare but were investing in property. Eventually the Supreme Court ruled that these clients were buying timeshare and were not investors, therefore they had the full protection of the timeshare laws.

Since that first ruling Silverpoint has been on the receiving end of many court cases, almost on a daily basis, with the court’s finding for the clients. This is costing Silverpoint hundreds of thousands of pounds, in the past few weeks alone the courts have ordered they repay around half a million pounds.

So as the title says, the story now moves on.

Silverpoint have set up numerous companies and associations with others, to once again dupe the very same clients they duped before.

Inside Timeshare has had many emails from these clients, all have attended presentations either in Tenerife or the UK, all with the same purpose, to get them to sign up with another product or have their timeshare contract cancelled with the promise of a claim.

In Tenerife it is Centaurus Mediations, with another associate of Mark Cushway being linked to it called Lee Burton. Again this name has appeared on these pages in the past, as a bit of a henchman. (see link below) The pitch is to either sell them Keys Concierge, a so-called “lifestyle” product promising massive discounts, the cost, around £10,000 or a cancellation of the contract.

Lee Burton

Another company linked to Silverpoint is Aspirantco SL, with offices literally across the road from The Suites Beverly Hills. This company claims they are nothing to do with Silverpoint but on Mark Cushways Linkedin page under Silverpoint employees it clearly shows that they are linked. (see PDFs below)

silverpoint employees 1

silverpoint employees 2

We then have Claims Solutions Group, a company we have already highlighted on these pages, based in Aberfeldy, linked to this company is Bryan Wilson, who has recently advertised for “telemarketing” staff for a new call center apparently in West Kirby.

Bryan Wilson third from left

 

 

 

 

 

 

 

 

 

 

Another company linked with all this is Fullbrook Associates of Stirling, again using members data provided by Silverpoint, (see links below).

The purpose is to contact Silverpoint clients, using members data provided by Silverpoint and Mark Cushway, the deal is very simple, they are the only ones who can get you out of your Silverpoint contract. But to do so you first have to pay thousands to do this.

Not bad I hear you say, first they take your money to sell you the illegal timeshare, contract, then you have to pay them again to get out. Sounds like a win win for none other than Silverpoint and Mark Cushway!

So what is the aim of all this?

As we have reported on these pages, Silverpoint is losing hand over fist in the courts, at the rate this is happening they will soon have nothing left. By getting you the owners of these worthless timeshares to have your contracts cancelled, either by trading in for Keys Concierge or by having Claims Solutions Group have them cancelled, you will then have no recourse to take them to court and retrieve all the money you have paid in the past. In other words it is a damage limitation exercise at the same time getting as much of your money as possible.

Inside Timeshare has been reliably informed that Criminal Denuncias along with numerous civil actions have already been filed against many of the participants, we also know that there are many more cases waiting to be heard by the courts, not just for the timeshare “scam” but also for the “company participation scheme”.

If you are contacted by any of the mentioned companies or are enticed to a presentation while on holiday in Tenerife the warning is simple, “DON’T SIGN UP TO ANYTHING, AVOID THEM LIKE THE PROVERBIAL PLAGUE”.

If you have been taken by Resort Properties / Silverpoint with either timeshare or the company participation scheme and want to know how you can legally get your money back, also having the contracts declared null and void, then contact Inside Timeshare for further information. The courts and the law are on your side, don’t let these people get away with what has already been dubbed “one of the biggest timeshare frauds in history”. Time is running out, act now.

Links to previous articles.

http://insidetimeshare.com/start-the-week-new-information-on-centaurus-mediations/

http://insidetimeshare.com/centaurus-mediations-silverpoint-connection/

http://insidetimeshare.com/start-week-joke/

 

Centaurus Mediations & the Silverpoint Connection

Centaurus Mediations SL, CIF: B76750868  C/ Santa Rosa 1- Edificio Royal Palm, Local 3, Arona 38640, Tenerife, is not a new company to our pages, we first highlighted them back in January. The named company Administrator is one Caroline Hibbery who is also the administrator for several other companies, not unusual as these types of enterprises tend to use a front name to protect the actual persons behind them.

The in February it became apparent that Centaurus Mediations SL is one of the companies set up by Mark Cushway and Silverpoint. It was around the time that Silverpoint closed all of their sales decks and staff lost their “jobs”. (Well not all of them, obviously they would be needed in the new enterprises).

Centaurus began contacting Silverpoint members, the difference being from other companies that also cold call is they knew all the details of the clients membership, even down to the fact that they had taken legal action and won!

Centaurus Logo

So what are Centaurus telling these clients?

During the call the agent James, another name that has come up is Alan, tells the clients that even though Silverpoint have lost the cases at court, no one will get paid out. The only way to cancel the contract and get anything back is to go with Centaurus.

So Silverpoint, who sold the illegal contracts in the first place is now contacting their own clients, albeit under the guise of a new name, to help them get out of their timeshare!

Inside Timeshare has been contacted by many readers after these calls, many have even stated that they have cases waiting to be heard at court. Now we do know from experience that members data is often kept by sales staff as an insurance policy in the event of redundancy, but that usually only contains names and telephone numbers. The type of information these readers are being told is basically their entire purchase history.

This only leads to one conclusion, they are using the SILVERPOINT MEMBERS DATABASE!

The email these readers have received after the initial call is signed by James:

Further to our conversation, I am pleased to provide you with an insight into the professional services provided by us at Centaurus Mediations. I’m sure you are aware of the turmoil that has existed over the last few years regarding the timeshare product, its legality and sales tactics adopted by ruthless timeshare sales people. You are also probably aware that recent Supreme Court rulings have turned the tide in favour of the timeshare member.

As I have discussed with you, we here at Centaurus provide solutions for the numerous and varied concerns of the average timeshare member, whether they be concerns over the legality, effectiveness or longevity of your contract or the minefield that exists when solutions to those issues are sought from third parties.

As mediators our roles are to extract you from your commitment with your Timeshare company and introduce you to our recommended registered law firm if necessary. Our services range from extraction from complicated and binding timeshare agreements to the investigation into possible financial compensation on your behalf. Our services are all of a new win no fee nature and in some cases have guaranteed time frames. Should the services of our recommended law firm be required, a no win no fee service is also offered by the firm.

Mediation. In our role as mediators we aim to provide best advice with the sole intention of resolving disputes between our clients and their resort or holiday club.

Kind Regards

James

Centaurus Mediations SL

Registration Nº: B76750868

www.centaurusmediations.com

[email protected]

It would be interesting to see what these services under their “New no win no fee nature”, along with what guaranteed time frames?

It also seems strange that the “recommended law firm offers a no win no fee service”!

Another name that has suddenly cropped up with regards to Centaurus is one Lee Burton, apparently he is well known in timeshare circles, mainly as a bit of a henchman. He is closely associated with Mark Cushway, as well as others in the industry.

Lee Burton

Inside Timeshare has also been informed that this individual is also under investigation for lying to the court under oath, which is known as perjury. A Criminal Denuncia (official police complaint) has also been filed against him on this very matter.

It is believed from our sources that his role is ensure the smooth running of the operation and dealing with any “problems”. Judging by his reputation, a role he is well suited for.

If you have been contacted or taken up the services of this company and no feel that you may be subject to being “defrauded”, then contact Inside Timeshare and we will pass you to a lawyer for free legal advice.

Inside Timeshare would also like to hear from you about any company that contacts you regarding your timeshare, especially if it is with Silverpoint, use our contact page and we will point you in the right direction.