A few posts ago we wrote about a complaint filed by no less than 180 victims of the Equity Release scam; now we have a video, partly in French, where some victims and their lawyers explain to the Luxembourg press the reasons for bringing the Landsbanki Criminal Complaint.
Legal grounds for bringing such an action seem clear and undisputed:
- Fraudulent misrepresentation of tax benefits associated with the scheme.
- Fraudulent misrepresentation of the income benefits associated with the scheme.
Allan Graydon is yet again mentioned here and yet again, he is refusing to come forward to confirm that indeed, he sold the products, knowingly or not, on the above 2 spurious premises.
There certainly seems to be an international theme on equity release frauds. It is good to see that our own association is liasing with their French counterparts. I did think it was a nicely presented video, very clear and professional, although underlying emotion which they were able to keep under control, much to their credit. I think it brings it home in a big way to see such a video, you can sense the despair that these schemes have created with their victims. LANDSBANKI it seems have been prolific in their sales efforts to entrap their retired victims both in FRANCE and Spain, now they have to deal with such a madam as Hamilius. Once again LANDSBANKI is the tip of the Iceberg (excuse the pun) even though there are probably well in excess of 600 victims. ROTHSCHILD (operating out of the (CI) another pariah some 500 victims. Other banks such as NORDEA BANK and DANSKEBANK (both operating out of LUXEMBOURG.) victims about 100. Has erva considered joining forces with the French group and going international on this one. Could some one from erva respond
Hi Sarah. Thanks. Your comments are very pertinent. Briefly the ERVA team are meeting our lawyer Antonio tomorrow to discuss this subject. Initial reaction is good, but it does need careful thought. We will write back when and if this materialises. Meantime all you members keep your comments coming, as you can see we are now posting lots of information for you to read. So help us out with some ideas and come in from the cold. You need to help us to help yourself. It really is important as our website gets hundreds of hits a week. We are being noticed.
This video must surely sum up the position we are all in whichever bank swindled us. As Erva has mentioned in the previous message please start leaving comments and suggestions. The more activity the stronger the message. I believe that the noose is getting tighter around the throats of the banks and that eventually we will be free of all this stress.
The ERVA team are doing a great job support them!
Whatever the Bank the scam has come out of, you can bet your last dollar that the Bank is a Luxembourg Bank hiding behind the Luxembourg laws made to protect the Banks and rip off the consumer, do we not all agree?
ALL these Banks are disgraceful to have tried to take advantage of people trusting the Banks.
Luxembourg is a disgrace to have turned a blind eye to the dirty tricks going on in this country depending on Banks and the TRUST which is necessary to attract International clients.
We will fight for Justice and the Truth and to do this, we must all join forces whatever the Bank.
Basically they have all thought they could get away with it and since most if us are retired, we would not be able to stand up to them.
Luxembourg has given them a Carte Banche and green light to carry on defrauding, manipulating and cheating and the Luxembourg Judiciary has ignored European Law.
They have gone too far.
They will NOT win!
Well done ERVA!
Well done To all victims in Spain and their lawyers who are joining forces to fight back!