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Nordic Consulting Canary Islands SL

Viking Real Estate and Nordic Consulting

Over the past few months Inside Timeshare has been highlighting Viking Real Estate and Nordic Consulting, with many readers informing us of their contact with these two companies. As we already know Viking Real Estate is run by Mike Farhoud and Nordic Consulting by his brother Ali Farhoud. Both companies claim to be able to get owners out of their Silverpoint contracts and claim back the purchase price.

The latest information to be supplied by one of our Scandinavian readers who has been contacted by Viking Real Estate to make a claim against Silverpoint. As part of the contract there is an indemnity to cover the legal fees of 5,000€ should the client not receive the payment at the end of the claim.

The strange fact is the amount being charged for legal fees, 5,000€ upfront with a further 5,000€ payable at the end of the case. Mr Farhoud has also issued the following “indemnity” or promise that if the client does not receive their payment at the end of the case, (Translating done with Google see the PDF for the original Swedish).

I, Mike Farhoud (Nie: X5130722C) personally guarantee that Viking Real Estates & Consultant does everything in its power to claim back € 5,000 of the invested money for XXXX

XXXX (Passport number: ____________) bill. Viking Real Estate & Consultant takes full responsibility for the whole process.

In case Viking Real Estates & Consultant does not receive a single penny from the amount we

If, in other words, you want to get 0kr back from the process, then I, Mike Farhoud, personally responsible to repay the fee in the corresponding proportion.

This guarantee is testified by both parties

This is signed by Mike Farhoud.

Not bad, you don’t get a single penny he will personally repay the fee, there is a slight catch here, what if you receive 1€? That gets him out of repaying the full amount of legal fees and there is nothing you can do about it, as the indemnity states if you get ZERO back!

It must also be pointed out that the entry for Viking Real Estate shows the object of the company is registered in the field of Restaurants and Food Stalls.

We will let you the readers decide on that one.

It has also been noticed that Viking has spent a rather large amount of money on advertising, all the trolleys at the airport in Las Palmas de Gran Canaria carry large boards advertising his company. Now we know that sort of advertising doesn’t come cheap, again we leave it to you the reader to decide whose money is being used.

Nordic Consulting, run and owned by Ali Farhoud, is no stranger to these pages, we have already highlighted their use of court sentences and especially Supreme Court ones claiming them as their own. We know for a fact the Supreme Court ones do not belong to them but another law firm. This has been verified through the case numbers and also from the names of the lawyers on the document.

They have also gone a little further, when looking at their Privacy Policy and viewing the page source it is clear that they have been “cutting & pasting” from other peoples websites. If you look at the images below you will see that it has been taken from the Canarian Legal Alliance website. Further down the contact section has also been taken from the Canarian Legal Alliance website.

Surely if this company was above board as they claim they are, why are they using another firm’s documents and also links to their website?

At the end of the day, these companies are run by the very same people who for years worked for Silverpoint and sold you the very products you purchased from them. They claim they didn’t know that what they were selling was illegal and now want more of your money with a promise of getting out of the contract and being reimbursed your purchase price.

Again we leave you the reader to decide if either of these “Companies” are to be trusted with what they say and promise?

Nordic Consulting: The Facts

Inside Timeshare has been receiving many enquiries about Nordic Consulting Canary Islands SL, CIF: B76781228, registered as a company on 17 October 2018 so it is only just been in operation for 1 year. The CEO and owner of the company is Ali Farhoud, who as we know is an ex-Silverpoint sales agent.

The nature of the enquires has been the claim made by the calling “consultant” is regarding making a legal claim to refund the purchase price through a court case against Silverpoint. In many of the enquiries, our readers have informed us the “consultant” who called is the very same person who sold the product in the first place.

During the call, the “consultant” has claimed that they, Nordic have had “victories” from the Supreme Court and the High Court. When having the copies of the court documents checked these have not been brought by Nordic. They belong to another law firm.

FACTS

  • Nordic Consulting has not won any cases in the High Court
  • Nordic Consulting has not had any judgements from the Supreme Court
  • Nordic Consulting has not paid out to any client

Also for a case to be brought before the Supreme Court also take a long time, in a recent Supreme Court ruling this was the timing:

  • First Court hearing 4 April 2015
  • High Court hearing 22 December 2016
  • Supreme Court filing 2017
  • Supreme Court ruling issued 4 October 2019

This should leave you the reader in no doubt that their claims are to be polite “exagerated”

Inside Timeshare has also been told by concerned readers the “consultant” has told them that they must first have their contract cancelled and then make a claim. The problem is that once the contract is cancelled then no claim can be made through the courts.

They also recently published a photograph of their “team” outside their new offices, these are located close to their original ones. Look carefully at the photograph, you may just see someone that sold you the product!

There are several people in the lineup who have no connection to Silverpoint and one of those is the lawyer Luis Sanchez Garcia Yanes, who is actually a very good lawyer. He has won several cases but these have been on behalf of clients for another law firm who he was previously working with.

This image has been reposted as we have been informed by our legal advisors that as this image is already published and also can be found on Google Images it is already in the public domain.

The question that you the reader should be asking yourself is should you trust a company owned and staffed by the very people who sold you the illegal product in the first place?

Inside Timeshare leaves you to make up your mind.

Start the Week: O’Reilly’s Sentenced and Others Under Investigation

Welcome to the start of another week with Inside Timeshare, today we review last weeks news from Birmingham Crown Court with the sentencing of Dominic O’Reilly and Stephanie O’Reilly of Eze Group. We also look at other people and companies who are also under investigation and may just be finding themselves in court.

On Thursday 21 March at Birmingham Crown Court, Judge Laurence Creed passed the following sentences.

Dominic O’Reilly, jailed for 2 years 4 months, disqualified from directorships for 9 years.

Stephanie O’Reilly, 9 months suspended for 2 years, 18 months suspended for 2 years plus, disqualified for 6 years.

Dominic & Stephanie O’Reilly (Birmingham Mail)

Inside Timeshare has received a transcript by a court reporter, which although it is not verified, it does match reports published in the press.

In the Prosecution opening statement, it was asked that the judge consider monetary harm, this was extremely high according to the prosecution, with 36 complaints, 90 in process and 45 further complaints pending.

The prosecution also explained the emotional impact, consumers were told they had no cancellation rights along with aggressive sales tactics. It was also mentioned that the defendants were told to stop these tactics including the institution of cancellation rights, but these did continue even after Trading Standards began investigations.

In mitigation, the defence for Mr O’Reilly asked for the sentence to be suspended as he did plead guilty at an early stage. He also told the court that Mr O’Reilly is now 54, in ill health and in need of a heart operation.

The fact that one elderly couple aged 68 and 69, one who had recently had a stroke, the other had diabetes including an attack during the meeting, were made to transfer money before being allowed to leave, does make the above mitigation plea a complete joke.

Miss O’Reilly’s defence used her being the mother of a 1-year-old baby which is breastfed and she is now 11 weeks pregnant. Also, she has no support structure in the UK, as her parents live in Tenerife, that her partner would have to give up his job to look after the baby if she was jailed.

In all, the 36 complaints totalled £425,000 of which only £3,813 was ever refunded, Trading Standards found another 100 complaints totalling £1.3 million. In all the company made by 2017 around £3.375 million.

Much of this money was transferred to the Tenerife company Regency Shores SL when the customers believed it was being paid to Eze Europe Ltd.

The judge also highlighted several clients, that were sent threatening letters for payments when the client wanted to cancel. One client had to call their daughter to help pay, then chased with a letter before action.

The client cases in this trial are only the tip of the proverbial iceberg, there are hundreds more, unfortunately, many of these are now subject to scams due to this trail. Cold calls from companies stating they are working with or have been appointed by the courts to help them get money back which the courts are holding. As we have said before this is not true.

The O’Reilly’s are now being investigated under the Proceeds of Crime Act, The authorities have to power to seize accounts and assets such as houses and cars if it is deemed they are from the proceeds of crime. The problem now is can they link it, where is the money, are any properties in their names, or are they in his wifes or her partner’s names. If so can it be proven the money used was from the O’Reilly’s in the first place?

We can only wait and see.

If you have been a client and receive any calls regarding money being held for you, then contact Inside Timeshare. We will then explain where you stand and if you are able to get anything back.

Link to the Birmingham Mail

https://www.birminghammail.co.uk/news/midlands-news/timeshare-boss-dominic-oreilly-jailed-16010172?fbclid=IwAR1HB-9OyDuv4d5Xytwk0mjX7ZmeIWIWJNGMZqUibWaE7fKXa0nR__dbnH0

Another investigation is also being conducted into several Mark Rowe companies, by the Regional Organised Crime Unit of Avon and Somerset Police, along with the authorities in Tenerife.

Mark Rowe

This investigation is very similar in nature to the one into Eze Group, it is still underway and no new or further information is yet available. But no doubt we may see a case in the courts in the near future.

Over the past few months Inside Timeshare has also been following several other names, Ali Farhoud, Alex Farhoud and Lee Burton, all linked to Silverpoint.

Ali Farhoud

In the case of the Farhouds and their company Nordic Consulting Canary Islands SL, they now entice their old Silverpoint clients with legal action against their one-time employer Silverpoint. See the links below for further information.

We have from very reliable sources been informed that criminal denuncias have been made to the Spanish authorities against all three. Many of these by their very own clients.

Although we know that these investigations take time, especially when new complaints are likely, one thing is certain, the authorities always get them in the end.

As and when new information comes in, it will be published on these pages.

If you require any further information or have had dealings with any of the companies mentioned, then use our contact page and let us know. Inside Timeshare will get back to you and point you in the right direction.

As usual, a word of warning, before you deal with any company that contacts you or you have found on the internet or from an advert, do your homework. If you are not sure then contact Inside Timeshare.