Timeshare ‘con artist’ sentenced to pay back victims!

Good news needs to be shared, so that is why we are pleased to have woken up today with the following articles in the newspapers:

Timeshare con artist Francis ‘Frank’ Madden in court and Timeshare conman must pay victims

Frank Madden is not unknown to this blog as we already posted a couple of years ago articles about this man.

One of these blogs referred to the company ITRA who hired his services for some time, selling their ” services” 

And another article in May 2018 when he was convicted to jail: Timeshare fraudster jailed for more than 3 years by Bournemouth Court. 

Frank Madden, was sentenced in May last year to 40 months in prison after admitting three counts of fraudulent trading and one of breaching a suspended sentence.

A subsequent Proceeds of Crime Act investigation into his financial affairs identified he had made £135,000 from the businesses.

At a hearing, Judge Stephen Climie ordered Madden to hand over £20,000 of available assets within the next three months, including £10,534 to be returned to 16 victims who assisted in the prosecution.

The judge also banned Madden from taking part in or owning any timeshare related business for a period of 10 years. He is currently disqualified as a company director.

Peter Haikin, regulatory services manager for Trading Standards, said: “These cases are extremely difficult to process but in addition to successfully prosecuting Mr Madden in 2018, BCP Council Trading Standards have now succeeded in getting him banned from being legally involved in the operation of any timeshare or holiday club related business for the next 10 years.

“We hope that this will put an end to any potential of Mr Madden’s fraudulent timeshare businesses operating again in the area.”

You can read the full articles on the following links:

https://www.bournemouthecho.co.uk/news/17757459.timeshare-conman-must-pay-victims/

https://www.dailyecho.co.uk/news/17757467.timeshare-con-artist-francis-39-frank-39-madden-court/

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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, Companies closed down, Costa del Sol, Flybuy Operator, fraud, Legal Services, Mediation services, timeshare, Warnings and tagged , , , , , , , . Bookmark the permalink.

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