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The ERVA files a claim with the Madrid Courts (Audiencia Nacional)

The ERVA has filed a criminal complaint, with date of 7th of November 2011, against Danske Bank, Nordea Bank, N M Rothschild & Sons, Lex Life & Pension, Landsbanki, Jyske Bank, Finansbanken, Nykredit, Sydbank y Swiss Life, for allegedly conspiring to defraud hundreds of retired people by knowingly, without belief in its truth or reckelessly and carelessly whether it be true of false, attributing specific qualities to a product known as “Equity Release”. These qualities, both proven to be wrong, were that the would a) provide an income and b) allow to lawfully dodge Spanish taxes.

A press release is taking place today, at 17.30, in Marbella, where the press will be made aware of the content of the claim, which is to be posted here shortly.

Equity Release Victims Association Website Live

We are proud to announce that The Equity Release Victims Association website is up and running. If you are a victim too, please feel free to join our community. We will post regular updates on any progress made by our association in the defence of our members’ interests, and in the fight we are carrying out against the unscrupulous banks which have orchestrated the equity release scam.

 

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