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: