Yet Again, Timeshare Contract Owners Are Scammed

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Yet Again, Timeshare Contract Owners Are Scammed.

Timeshare contracts initially seem like a dream but, time and time again, they are proving to be people’s worst nightmares instead. For a fraction of the overall price could give you proportionate ownership on a timeshare property, which would entitle you to access of a holiday home without the annual maintenance costs. If only they were this simple. Unfortunately, and in reality, misleading trading practices and telephone fraudsters are making timeshare contracts vulnerable to fraudulent activity. 

We have spoken recently about the O’Reilly case which is in regards to a father and step-daughter who were ordered to pay back £424,560 for their participation within a scamming timeshare company. This success saw confiscation orders that were given to Dominic O’Reilly and Stephanie O’Reilly at the Birmingham Crown Count in February this year for their actions when running the Eze Europe Ltd business, among other associated organisations. 

By March, Dominic O’Reilly was prosecuted to imprisonment for 28 months, and his step-daughter was also given an 18-month sentence after a Trading Standards Investigation. This investigation found evidence that they had cheated timeshare owners into parting with a combined total of £1.1 million by manipulating these elderly victims.

However, since their arrest, further people are coming forward with their own experiences in regards to the Eze Group; demanding their payments as a result of the O’Reilly case. Read on to find out more about this scamming timeshare company and the methods that they have used to disguise and confuse their next victims. Yet again, timeshare contract owners are scammed and this is how:

Another timeshare owner has spoken out.

To begin with, the timeshare contract owners that are being scammed again revealed that they used to belong to the Eze Group timeshare scheme before the O’Reilly case and sentencing, and have been contacted by a company and a Spanish barrister since. Their reason for contacting former timeshare owners was to inform them that the Spanish courts have seized the £1.1 million that Dominic and Stephenie have scammed out of victims, and to assure them that they were in the process of repaying this to members. 

But, there was a catch. O1C Legal and the barrister from Platinum Legal reported that Eze had failed to collect annual fees, causing its auditors to collect these fees through UK debt collectors. O1C and Platinum Legal then began to say that they were able to cancel this liability if they were to pay a further £2,999. Pay this fee, and owners could register a claim on their previous losses.

Even though Dominic and Stephenie O’Reilly were sentenced, their timeshare fraud victims are yet again being targeted. OC1 which is also referred to as Our One Club, was found to be a registered company in Malaga, even though they are using a business address registered in Truro, Cornwall. On top of this, they claim “over 30 years of experience,” despite only being recorded since February 2020. 

Which begs the question, how legitimate are they? Can victims claim a share of the £1.1 million with a one-off payment of £2,999? This already raises red flags. 

Victims of a similar timeshare scam case that was in spite of ‘Club Class’ have also been contacted by this dubious O1C Legal who are making the same demands. However, a quick internet search of this fishy company brings up a companies website that showcases their business as a membership organisation; offering discounts and attractions, including shopping vouchers, half-price holidays and more. They even promote high investment schemes in foreign exchange! 

Another issue with O1C is that the company has not been authorised by the Financial Conduct Authority which means an investor is exempt from their compensation schemes. In short, O1C’s programmes are very much illegal.

How we can help you

Our expertise at Athena Law can help you to exit your timeshare contract for good and without any nasty surprises during the process, too. We are expertly trained in finding clauses and mistakes in your contract, as well as providing help and advice to anyone who is contacted by scamming third party companies. With over 50 years worth of experience collectively, our founding partners established Athena Law in order to focus on delivering partner lead services to their business clients. 

Here at Athena Law, we also offer free Timeshare consultations. You will be asked to complete a questionnaire, helping us to gain all the facts surrounding your case. This questionnaire helps to highlight key information and it provides us with realistic prospects when going forward with ending your Timeshare. This review is free of charge. And, we will inform you at the beginning on whether or not there is a financial claim to be made, and how this claim will be funded. Unlike other companies, we keep our fees transparent with our Timeshare services having fixed fees with no win no fee claims

If you’d like more information about how to cancel your timeshare contracts, visit our website; or, alternatively, you can find out more about Athena Law. We have expert timeshare solicitors that can help and advise on your timeshare ownerships and contracts.