Timeshare fraudster jailed for more than 3 years by Bournemouth Court.

As already informed in a previous article on the blog (https://wp.me/p1kmoi-2rU), in the week of the 19thof April the Bournemouth Crown Court started a trial of four people charged in connection with an alleged timeshare fraud.

The main responsible, Francis Madden has now been sentenced with 40 months of jail.

Francis ‘Frank’ Madden – who first appeared before the courts charged with similar offending in 2001 – had his staff cold-call hundreds of members of the public every day and invite them to presentations for holiday club companies Central Marketing Ltd, Glenleigh Ltd and Reco Corp Ltd.

Instead his victims endured five hours of hard-sell techniques during which loud music was constantly played.

Some ‘exhausted’ participants were even escorted to cash machines to hand over their money.

They were unable to cancel and many holidays were very difficult to book at all.

A court heard the accommodation offered was ‘virtually worthless’ as those who attempted to book breaks in Spain and Portugal found they were unable to do so or there was limited availability.

The breaks offered through Madden’s various companies were also sometimes available more cheaply on the open market.

Those who attempted to complain found the companies had changed addresses and their calls and emails went unanswered.

Prosecutors said he set up a series of businesses, “phoenix-like, one after the other”, although his victims had no idea the companies were run by the same man.

In 2012, he was sentenced to six months in prison suspended for 24 months after admitting eight counts of unfair trading.

The offences related to company Hotweeks. Those he scammed were subjected to a four-hour presentation in Southampton and told to pay a sum of up to £2,000 to get discounts on accommodation, flights and cruises.

Sentencing Madden, Judge Stephen Climie said: “His behaviour was commercially inept, and on occasion morally irresponsible, if not reprehensible.

Source;

Bournemouth Echo

http://www.bournemouthecho.co.uk/news/16198420.Timeshare_conman_who_escorted_victims_to_cash_machines_is_jailed/#comments-anchor

Daily Mail

http://www.dailymail.co.uk/news/article-5682173/Timeshare-fraudster-marched-victims-cash-machines-hand-thousands.html

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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: customercare@mindtimeshare.com
This entry was posted in Bogus Holiday Clubs, Bogus resale companies, Canary Islands, Companies closed down, Flybuy Operator, fraud, Tenerife, Warnings and tagged , , , , , , , , , , , , . Bookmark the permalink.

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