(Mme. Yvette Hamilius, aka Mme. Yvette Horribilius)
Court Number 1 in Marbella has ruled that a mortgage foreclosure claim brought by Landsbanki should be set side and declared null and void.
The Court was satisfied with the allegations, submitted by a Landsbanki Equity Release Victim, concerning faulty and/or insufficient notification of claim and defective filing.
Landsbanki representatives attempted to rectify their error at a later stage during the process, being rejected forthwith by the presiding Judge.
Landsbanki has the right to appeal with the Malaga Appeal Court, which they may do within the next 20 days. This option appears unlikely as there are no objective grounds to do so; there are crucial documents missing and the ruling is clear.
If Landsbanki do not appeal or they go ahead and lose the appeal, the foreclosure route will be closed for good, forcing Landsbanki to issue declaratory proceedings, slower and with ample scope for the victim to argue the fraudulent nature of the contract.
Not only do the banks, finance companies and their bunch of conmen “agents” sell illegal products to embezzle people´s life savings, but when their contemplatable schemes inevitable go hopelessly wrong they then have the audacity to blame their elderly victims and attempt to steal their homes.
Bunch of conmen massacring elderly people with their fraudulent products – Let us all hope that eventually they are given lengthy jail sentences and they become the ones to suffer for a change.
Good news again for sure. It will be great to read one day soon that a Judge has ruled against one of the banks on the basis of the whole false tax-mitigating and undisclosed huge commission based scheme having been mis-sold, and a long-suffering victim’s mortgage ruled null and void accordingly, but for the time being this shows that there continues to be no sympathy for these lying and thieving rogues.
UNDISCLOSED – HUGE COMMISSION PAYMENTS
Many of the incompetent scumbags the banks/companies recruited to sell illegal tax evasion products and other financial garbage were paid via Caribbean registered shell companies with no known directors/shareholders…
As these banks/companies head office were registered in countries which require annual accounts to be submitted it is possible to see that £millions were transferred into these “black holes” which then become totally untraceable.
Nobody will ever know how much “commission” the scumbags received but many believe it was at least 10% of the capital involved in the frauds – and it is highly improbable that these payments subscribed to any formal taxation anywhere in the world. So criminal tax evasion all down the line.
As for the rest of this invisible money … it simply disappeared.
Congratulations to the victim and their lawyers. Let’s hope that the final outcome will be as favourable as the ruling by the Marbella court and let’s hope they carry on the fight to have the whole scheme made null and void. Unfortunately I don’t think the Landsbanki lawyers will make the same mistake twice but then again who knows.