Club Class holidays wound up

Club Class holidays wound up thanks to team work by trading standards and the Insolvency Service

Seven connected companies, all of which mis-sold membership of a holiday scheme to the public, have been wound up in the public interest by the High Court in London, following action brought by the government's Insolvency Service with the assistance of the Royal Borough's trading standards team.

The companies, the most well-known being one-time Maidenhead-based Club Class Concierge Ltd, together with its sister company Bridge View Consultants and five connected companies that were all registered in the Seychelles, claimed to be able to help victims of timeshare rogues take legal action to get their money back.

But this was just a ploy to lure people to face-to-face meetings which turned into high pressure sales pitches lasting up to six hours.

Victims were told they had a one-off opportunity to offload the unwanted timeshare weeks in part exchange for Club Class membership costing between £7,000 and £15,000.

Part of the incentive was the promise they would be released from paying spiralling annual maintenance fees and could also get their money back in a 'cashback' scheme after three years.

However, Club Class merely handed the timeshares back to the companies that owned the resorts, which then continued to demand fees from the owners.

The borough's trading standards team received close to 100 complaints about Club Class over the course of the last four years and provided information that formed an integral part of the Insolvency Service's case.

In addition, trading standards managed to negotiate nearly £40,000 worth of refunds to duped customers during the course of the investigation.

Cllr Phill Bicknell, cabinet member for highways, transport and the environment, said: "This is great news. The borough's trading standards team worked tremendously hard to provide the Insolvency Service with the information it needed to put an end to this con, while at the same time securing significant refunds for some of the out-of-pocket victims.

"Trading standards will continue to fight to protect consumers from this kind of unscrupulous trading."

David Hill of the Insolvency Service said: "These companies were set up with the aim of duping consumers, who in some cases had already suffered from unfair timeshare deals, by using slick patter for what was, in reality, the selling of an illusion."

All public enquiries concerning the affairs of the companies should be made to: The Official Receiver, Public Interest Unit, 4 Abbey Orchard Street, London SW1P 2HT. Telephone: 0207 637 1110. Email: piu.or@insolvency.gsi.gov.uk.


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Modified: 2014-01-21
Published: Tue, 08 Jul 2014 14:01:47
Author: Allison Helyer
Editor: Allison.Helyer
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RDCMS ID: 26653