Salgado the FAKE “insolvency specialists” from Cadiz in Spain.

Captura de pantalla 2015-08-20 a la(s) 12.10.19

It was to be expected that yet another fake liquidator would be brought to our attention, as they are on a regular basis. This time the name used is Salgado en they claim to be specialists in the matter.

Salgado has the same “modus operandi” as the other fake liquidators we have already published on this blog.

It all starts with a cold call to a Reclaim Ltd. Certificate holder. Never mind if the certificate holder submitted the claim correctly or not, as far as Salgado concerns they can claim the full amount through the court as the company has been liquidated and money is there to be paid out.

Salgado S.A. appears to be the “intermediary” and is purely appointed to help out the consumers and no, they won’t charge any money as this will be covered by the courts.

All the consumer needs to do is fill in a claims form they send them by email, and a copy of the Reclaim Certificate.

Salgado will then claim the amount in their name and do the bank transfer when the money has been assigned.

For the submission of the documents the consumer has to use either email to or by fax to 0034 951 650 338

They cannot use the address, as there seem to be too many consumers sending forms by post, and Salgado cannot handle this. So anything sent to Plaza Montil 4-2, 11402 in Cadiz will be send back unopened.

Telephone number from Salgado is 0034 951 650 336

Research has shown once again that there is no such company by the name of Salgado in Cadiz or in Spain. Neither are they the appointed liquidator or is there any money waiting to be paid out for the “victims” of Reclaim ltd.

The address they quote will indeed sent back all the post, as it is a fake address as well.

Once all the documents are send off to Salgado, the claim will be processed. But surprise there, as there seems to be an outstanding tax bill, which needs to be paid before receiving the awarded money. For some strange reason this cannot be taken off the amount and send the balance to the consumer.

Apart from this the consumer will also need a Spanish Tax ID number the so called NIE and as of course nobody is travelling to Spain to queue up for hours to obtain such number, Salgado kindly offers to handle this requests, against a payment as well.

These are only part of all the “sudden” expenses that appear once the consumer has submitted the documents. And bottom line is that the money promised from the start will never reach the consumer as there keep on appearing more charges.

Please do not fall into the trap of the fake liquidator Salgado or any other similar company with maybe a different name but a same story about your Reclaim Certificate.

If you have been speaking to Salgado from 0034 951650336 or any other “liquidator” that called you out of the blue, then please let us know.

You can email us at or place a comment on this blog.



About mindtimeshare

Mindtimeshare SLU is registered Company reg number: B35957182 Mindtimeshare provides assistance to timeshare owners who have been defrauded by holiday clubs and bogus resale companies. The Mindtimeshare project was launched in February 2011. After dealing with timeshare members over several years who had been defrauded by numerous bogus companies and for large amounts of money, I considered launching an Organisation to help timeshare owners that have been targeted by bogus companies. On this blog you can find information about the different active scam companies and their “modus operandi” and also place comments, ask questions and see comments from other consumers who have the same doubts or have been through the same experience. Mindtimeshare has resulted in a huge success and has received the back up from not only timeshare consumers but also from the professionals in the timeshare Industry. Mindtimeshare helps timeshare owners who have been scammed by bogus Discount Holiday Clubs; bogus cash back companies; fraudulent timeshare resale companies; bogus class action companies and false lawyers and notaries. We offer professional answers and advice to Timeshare users. If you want to send an email instead of posting a comment on the blog please do so by emailing:
This entry was posted in Legal Services, Mediation services, Warnings and tagged , , , , , , , , , , , . Bookmark the permalink.

1 Response to Salgado the FAKE “insolvency specialists” from Cadiz in Spain.

  1. Naomi says:

    Hi I have just had a call from a company called Freelance Consultancy Group Contracts Services Ltd. They are offering to legally dispose of unwanted timeshare for a fee of £1,995 (in my case but maybe more or less money for others). The man who called was named John Taylor and he said they were regulated by the IFA (although I always thought that IFA stood for “Independent Financial Advisor”)!!. He gave me their contact details: FGC Contract Services Limited 22b King Street Saffron Waldon Essex CB10 1ES Tel: 01799 528995 Company Registration Number: 9552172 He is sending me some information about their services in the post. After I had put the phone down I googled the telephone number and it came up with a company called “Quantum Finance” at 22a King Street with the same postcode. I thought you would be interested in this as they are not on your cold caller list.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.