Spain has been at the forefront of enforcing timeshare laws in Europe, so far the Supreme Court has made 42 judgements in favour of the consumer, these are now part of law and all courts must abide by them.
Four men have been jailed over a boiler room scam that defrauded 193 vicitims of £7.5m through a scheme selling land at inflated prices.
The men were sentenced following an investigation by City of London Police. The details of the case can only now be made public after reporting restrictions were lifted.
It has been brought to our attention at the TCA that there is another Timeshare resale company trying to swindle you out of your money. This particular company seems to be targeting Russian Timeshare owners at the moment, but who is to say they will not move their target clients to British and European owners. As they are seemingly based in Spain, we thought that it would be wise to bring it to our readers’ attention.
If I go to Brazil, I will be dead in 48 hours’: What boss of failed £70m EcoHouse property investment scheme told investors
its been nearly a year and reports are still arriving at our office about Eco House and its scam.
About 50 people sit in a cold, dingy room at the back of a West Midlands hotel. Some have travelled hundreds of miles to be here, while others are local. There are couples in their 70s; the youngest person seems to be about 30.
SINGAPORE – The Advertising Standards Authority of Singapore (ASAS) is tightening its rules on property advertisements here. The change is aimed at foreign property developers. Here’s a look at several deals that have gone sour for investors here.
This azrticle was sent to us by BullionStar.com
Even the gold bullion market is not spared from fly-by-night operators and Ponzi scam artists. Here are simple tips to avoid being fooled.Always remember, caveat emptor (buyer beware)
It is important for each one of us to do due diligence, in whatever endeavors we undertake. When it comes to precious metals investing, for example, you could not afford to think that just because the investment is sound, it follows that you can’t go wrong.