The company Tenco Management has been cold calling actively over the past weeks, with a lot of information by phone but really not much by email or any other ways.
The agent from Tenco Management explains that they are compiling files to go to the courts to recover funds for consumers who have been duped by fraudulent companies in the past. As Tenco Management explains, there was a raid on the Costa del Sol over a year ago and now the courts have ruled that all victims have to be paid back their money and a large compensation as well.
Amounts around £25.000 are mentioned for each victim!
Those consumers who show their doubts about such compensation pay out and the actual company Tenco Management are told they can telephone the Holiday Timeshare Watchdog on 0203 813 9694 to learn of Tenco’s credentials.
Of course there is a catch in all this, and son it becomes clear that the money awarded to the victims is not paid out just like that.
The agent kindly explains there are four different options to receive the compensation including flying out to Spain, engaging a Spanish solicitor, working through an English solicitor or using the services of Tenco.
Inevitably at that point significant funds are required (some up-front) to get the recovery process started with the Bank of Spain, which apparently holds the monies recovered from the scammers.
Please note that there is no such thing as a company paying out compensations through the bank of Spain, and certainly the courts or the bank does not appoint Tenco Management.
There have been no compensations awards in Spain and if ever you would be identified as a victim of a fraud, the police and the judge would contact you PRIOR to the court case so you could testify against the criminals, not months after to “receive awarded money”.
Neither is there a company or office called the Holiday Timeshare Watchdog!
As mentioned, Tenco Management does a lot of calls but they don’t really send any emails, and try to get it all sorted over the phone.
The number they use is 0034 951 203 595
Their email address is email@example.com and at some point they did mention an address in Malaga over the phone, which would be Calle Corrigidor Jeronimo Valenzuela 3, Malaga, 29640
If you received a telephone call from Tenco Management or the Holiday Timeshare Watchdog we would like to hear from you.
You can email us at firstname.lastname@example.org or place a comment on this blog