A cold caller by the name of Regent Finance is approaching Timeshare owners with a very strange story.
The agent by the name of Alan Smith tells the timeshare owner that money he paid for the purchase is being held in an account in the Hua Xia Bank in Beijing! Not really a branch to go and pop around to verify…
This money supposedly has been claimed back from the timeshare company and ordered by the “government” to be paid back to the victims.
Regent Finance is there to sort all this out and mediate between the timeshare owner and the bank to get the transfer sorted. In order to get the money the timeshare owner does need to pay £1610 as a matter of interest payment or taxes.
This amount can easily be paid through Western Union, and in case the timeshare owner is not very convinced or wants to verify this, he is being given a number from “Western Union” 0203 290 6802 where they will confirm it is true..
Another phone number used by Alan Smith of Regent Finance is 0203 695 4363
The above Modus Operandi sounds very similar to the ones of other dubious companies mentioned on this blog in the past.
We are afraid that the “real” Regent Finance Ltd has no clue that their company name is being used by these dubious callers.
There is no doubt that the cold caller supposedly from Regent Finance is telling lies and there is no money waiting in a bank in China to be paid out to timeshare victims in the UK.
If you received a call from Regent Finance or any other company with a similar dubious story, then please do let us know.
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