• iflores became a registered member 1 week, 2 days ago

  • N.M. Rothschild & Sons has taken the legal defense of the Equity Release (ER) cases in Spain as a matter of life or death.

    In a very generous interpretation of Spanish procedural laws that allow parties to […]

    • And so the charade goes on. Logically I cannot understand why Rothschild are taking such steps. Surely Rothschild marketing/sales and all there corresponding literature given out to their victims is clear as day. And it cannot be overturned by both past employees or current employees. First, for example the Hacienda (Spanish Tax Office) have deemed that the scheme is anything but IHT tax efficient. Other courts in similar cases against other banks have ruled the same, both on the matter of IHT and other reasons. This scheme is “WHAT IT IS” fraudulent to say the least.

    • And so the charade goes on. What Rothschild can gain from such tactics is hard to comprehend and makes little sense, except of course as anothe delaying tactic. The sales and marketing literature is clear and the benefits stated regarding IHT do not exist as the Tax Office has ruled and has other courts ruled in the past. No Rothschild employee or past employee can overturn this ruling or convince any judge to the contrary. The scheme IS WHAT IT IS” simply FRAUDULENT.

    • I seem to be having the same problem as pjames. Sometimes my post does’nt get accepted. In fact I recently posted a a comment, which for some reason never got posted, so I will try again.

      I agree with pjames with all he has posted. It may well be that any defence lawyer can argue the points mentioned in the ERVA post in relation to points 2 & 3. However it would be difficult to argue against the Tax office ruling that these schemes do not mitigate or reduce the IHT content, this is written in “stone”

      Other banks have also stated that their scheme also mitigates “Wealth Tax” again this is not the case as I am aware of a member of Erva was charged “Wealth Tax” and what’s more was fined for failing to declare this on the tax return. Is it not a similar matter to IHT?

    • This is the third time I have tried to post a comment, so it may well be that three similar comments may eventually be posted. I agree entirely with the comments made by pjames. It may well be that a defence lawyer can argue and put up “smoke screens” to argue points 2 & 3 in the Erva post. However it would be difficult to put forth any argument to the Tax Ruling by the Hacienda, where it is stated that these schemes in no way mitigate or reduce IHT. It is a simple fact of life.

      Other banks also stated that their similar scheme mitigated “Wealth Tax. Again this is false. Purely and simply that one of Erva members was not only charged “Wealth Tax” but fined for not paying it on time. In other words these schemes do not allow for the mitigation of Taxes. Is this not the same thing.

    • Well I managed to get 2 out of 3 posts accepted. Again this is the second time I have tried to post this comment. On the first ocasión T the bottom of this comment box where it states ‘I am not a robot this was overlaid by reference to the Landsbanki scheme. When this box was ticked the comment was lost. On this occasion this Landsbanki overlay was not evident. I am wondering whether other members are having the same problem, give up in frustration and do not try to comment. Should Erva admin pick up this post, perhaps they could look into the matter.

  • Relprume became a registered member 2 months ago

  • It has been a while since our last post, but things have been fairly quiet in the litigation front, save for Landsbanki’s cases.

    Undeterred by recent rotund judicial response against Equity Release […]

    • And so it goes on. Landsbanki will try everything in the book to deny the rights of Spanish residents. Perhaps is is their last throw of the dice, but I would not bet on it. Of course they would like to have these cases transferred to Luxembourg, where financially they would be difficult to bring to the courts. Of course The Luxembourg courts would look favourably on Landsbanki.

      I take my hat of to Lawbird who are fighting for the rights of their clients who ar Spanish residents. What they don’t seem to realise is that Lawbird will never give up this fight. As Sir Winston Churchill said “WE WILL NEVER SURRENDER”

    • I am dumbfounded that Landsbanki have wanted so much money in defending numerous cases both in Spain and France. Perhaps it would have been cheaper just to settle these cases which were sold to pensioners by illegal advertising. Many pensioners are deeply worried what is going to happen to their lives, although courts have ringed fenced their properties until such time as they are heard in the courts. Many are in trouble financially and others have died in the ten years they have been trying to get some justice in the courts. It is a disgrace that Landsbanki have tried every trick in the book to recognise their rights.

      Well done to Lawbird for their continued fight against the banks.

    • LANDSBANKI ‘SCAM VICTIMS MAKE PROGRESS IN THE COURTS.

      A Marbella Court has declared the loan pf one couple void because of unfair terms and lack of proof that the money that the money was ever received. Full details can be found in February 1st to 7th 2019 issue of SUR IN ENGLISH.

      YET ANOTHER SET BACK FOR LANDBANKI

  • euaninspain posted an update 4 months ago

    https://www.theguardian.com/business/2018/sep/21/is-money-laundering-scandal-at-danske-bank-the-largest-in-history?fbclid=IwAR2osvtEM3eMULwa_Hjg8ZqJII_lvzarJgznBd-_lhHJdR9ZLrktAF800m4#img-1

    Check out the above newspaper report of the Guardian about Danske Bank. These thieving bankers are being investigated at long last and have been uncovered…[Read more]

  • The Swedish Financial Court has received documents attesting that the first Scandinavian bank has not complied with its obligations to combat money laundering. The case could be about a hundred million dollars.
    After Danske Bank, it is the turn of another Nordic bank, Nordea, to be suspected of laundering dirty money from Russia. The Swedish…[Read more]

    • THIS IS NOW OUR CHANCE TO HIT THESE BANKS WITH THE OPPORTUNITY TO REPAY THE STOLEN MONEY FROM THE OLD AGE PENSIONERS IN SPAIN, UNITED KINGDOM AND FRANCE. ALL WE WISH IS OUR MORTGAGES CANCELLED AND SOME RECOMPENSE FOR THE BANKS FOR ALL THE PAIN AND MISERY THEY HAVE CAUSED US OVER THE LAST TEN YEARS. SO NORDEA BANK AND DANSKE BANK COULD MAKE…[Read more]

  • Here it is HOT OFF THE PRESS! !!!!!
    https://evenement.latribune.fr/10-000-startups-pour-changer-le-monde-2019/

    Bordea Bank have now been found out as laundering Russian money in Europe as well as Danske Bank so come on Courts in France and Spain and in Great Britain, let us have some justice meted out to the guiiolty parties and please repay the…[Read more]

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  • toadhall posted an update in the group Group logo of Nordea Bank VictimsNordea Bank Victims 4 months, 3 weeks ago

    Any news for the Nordea victims?.
    Alan

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