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London

Financial Service & Co: Another Dodgy Looking Company

Another reader has sent information on a call they have received from a Mr Fletcher of Financial Services & Co, with the address:

1 Bentley Road, London,N1 4BY

Along with the Company Registration Number LP003793, with no company directors being shown but plenty of documents showing change of partners and addresses. (See link below)

https://beta.companieshouse.gov.uk/company/LP003793

The call was regarding his dealings with Regency Shores Marketing (EZE Group), according to the call (which has been recorded), there has been a successful outcome against them in recent court proceedings.

This was all confirmed in an email from Andrea Ward with the email address [email protected] yet another gmail address not linked to any website.

Apparently there has been a substantial amount awarded which will be sent by personal cheque or bank transfer, but there is a processing fee to be paid which is around 10% of the awarded amount. This is paid to a third party, and will be held in an Escrow Account, once these fees have been paid to the “Trustee” Financial Services & Co will finalise the claim and all the money will be settled within 5 working days.

The email also goes on to say “We are now giving you not only our company guarantee but that too of our contractual and fiscal arrangements with the Bank of Spain, the Portuguese Chamber of Commerce and the High Court of Madrid. This means that all Business is backed and covered by these three entities and ourselves.”

All too good to be true I hear you say!

Now, there is a website called AW Financial Services:

http://www.awfinancialservices.com

This is actually the trading name of Mortgages Just4U, registered at Company house with the Company Registration Number 06329975 and the registered address:

18 The Cheveralls, Dunstable, Bedfordshire, LU6 3NH

Telephone: 01582 898216

Mobile: 07903 268208

Email: [email protected] which is linked to the website and differs from the one given by Andrea Ward.

On their website they also state they are an appointed representative of Personal Touch Financial Services Ltd which is authorised and regulated by the Financial Conduct Authority. Company number 03406454 with the address:

2nd Floor Gateway 2 Holgate Park Drive, York, England, YO26 4GB

and have been registered since 21 July 1997. They are also in the FCA register as authorised with the FCA Reference number: 187834.

So what do we have so far, a company registered at company house with no details apart from in the filing history showing several changes of address and partners, using a name for their email address similar to another registered company and using a gmail account, with no website of their own.

Contacting clients who have dealt with Regency Shores Marketing (EZE Group), with details of membership numbers, what they purchased, for how much and when, all very very suspicious indeed.

Inside Timeshare is not aware of any recent court proceedings against Regency Shores Marketing in Spain or the UK, we are however aware of the case against the directors of EZE Group Dominic O’Reilly and his daughter Stephanie O’Reilly, but that has not yet been resolved.

So from what we know this does have all the hallmarks of another very elaborate scam, fairly well put together and pretty convincing. Although from the recording the caller Mr Fletcher is not that convincing, skirting over all the questions and repeating himself constantly with all “the scam companies are operating out of Spain and Portugal”. Well that is not quite how we see it, they are also operating out of the UK under dubious companies registered at Company House for a small fee, or just taking over another companies name.

This is the recording of the call our reader sent in, it has been edited to remove our readers personal details.

This really does go to show how careful you have to be, if our reader had not been a regular to Inside Timeshare, he may have just been taken in.

Remember

THE GOLDEN RULE

CHECK, CHECK AND CHECK AGAIN, DO YOUR HOMEWORK

If you need help in doing this then contact Inside Timeshare, we will be more than happy to help.

Start the Week

It’s Monday and the start of another week, today we highlight some more new names that have been cropping up over the weekend, we start first with Davies and Howell Associates a new cold calling claims company.

The company was registered on 30 August 2017, with the company registration number 10939012, with the registered address  20-22 Wenlock Road, London, England, N1 7GU. Telephone: 0203 857 9497 and the email: [email protected]

The director is registered as David Alan Taylor, with the correspondence address as above, according to company records this is his first appointment. Chances are he is not the owner but just a front name.

They have a website http://www.daviesandhowell.co.uk/  which was registered on 22 October 2017, a relatively new website and company. So what are they offering?

According to their website they have a wealth of experience and knowledge spanning over 40 years in the holiday ownership and financial services markets. They claim they are able to extricate you from your timeshare contract and claim compensation. Reading between the lines with their mention of finance agreements and credit cards, this claim looks very much like a Section 75 of the Credit Consumer Act 1974.

As we have said before, if you have used your timeshare then a refund under Section 75 is unlikely, the timeshare company will rightly say that you have used it therefore you have received the goods or services paid for. If your timeshare company has gone into liquidation, then you may have a chance. Section 75 is unlikely to cover breaches of the Spanish Timeshare Laws, for this you would need to employ the services of a Spanish lawyer with extensive knowledge and experience of the timeshare laws in Spain. Also you must still be a member, once a contract has been cancelled you cannot take any case to court.

The website itself is very basic, having only one page and very little information, it looks like the classic information collection site. These are designed to collect as much information about you and your timeshare as possible, the chances are this is then used to pass on to other companies. So the moral of this story is beware.

We now move on to another new company that was found during our usual search on the internet, this company was highlighted by Mindtimeshare on 6 June. This is called Ashton Group, with the following address and telephone number:

H5 Hash Tree Court, Nottingham Business Park, NG86PY Nottingham, UK

Tel. 0044 203 519 23 38

At customer services is  Paul Menard

Email: [email protected]

So far we have not even found a website, even using the ashtonagency.co.uk from the email address draws a blank.

What actually caught our eye was the name of the legal representative, Sir Drummond McFadzean, so we began our search for this Knight of the Realm, well couldn’t find him. We did however find a Mr Drummond McFadzean, a director of  Ashton (Estate Agency) Ltd of Romford with an entry on Linkedin. Checking with Company House records we did find a company called Ashtons (Estate Agents) Ltd with a registered address in St Albans Herts. The director of this company since 1993 is MR KARL GEOFFREY JUDD, Drummond does not show on the directors list.

We did a search on the name of the company Ashton Group but found nothing relating to timeshare, there are however plenty of other companies with very similar names, including one in the USA which is a financial services company.

So there we have it what looks like another resale scam on the way, remember not all is as it seems, do your homework, check, check and check again, then double check. If you are unsure on any company that contacts you, or even  one that you have found while searching for a way out of your timeshare, then contact Inside Timeshare, we will point you in the right direction.