Mis Sold Consumer linked with Praetorian and Mercantile

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Offline TimeshareTalk

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Mis Sold Consumer linked with Praetorian and Mercantile
« on: March 27, 2018, 08:26:49 »

Further to our write up on Mercantile Claims and Praetorian Legal at the beginning of this month, we have discovered that they have other unorthodox company connections. The main one being ‘Mis Sold Consumer Claims’.  Their website https://missoldconsumers.claims/ [nofollow] does not even comply with the UK standards for a website.  There is no registered company address, and has a different name to the company that it is registered as ‘Mis-Sold Consumer Reclaim Limited’.

This company is directed by Oliver James Reynolds, whom is also director of two more companies in Birmingham that do not relate to the claims company.  In fact, they were both incorporated in first few months of 2016 and are in relation to Fitness and Digital Marketing.  A wide spectrum for a sole director, it is also unknown at this time if he works for mis sold consumer reclaims, or if he is simply a sleeping director.  He may also work for Mercantile Claims Limited, however, there is no evidence of this.

https://www.timeshareconsumerassociation.org.uk/2018/03/26/mis-sold-consumer-linked-with-praetorian-and-mercantile/ [nofollow]

Offline TimeshareTalk

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Re: Mis Sold Consumer linked with Praetorian and Mercantile
« Reply #1 on: March 30, 2018, 23:52:55 »
 THis is an interesting article on the TCA

In our article at the beginning of March we requested that any clients that had been to a Praetorian Legal sales presentation to get in contact with us so that we could give a clear account for what others should expect. The first thing we realise is that the legal advisor that the company promote as having a wealth of experience is the one and only ‘Harry Darby’ who is an ex-car salesman and he settles clients’ nerves with the promise of an independent legal advisor.

This is where it gets really interesting as the legal advisor is Mr Smith, who is an ex-lawyer whom was struck off for his past fraudulent behaviour. He has also spent a stretch in prison off the back of his actions. So, would you really have your mind at ease if this Mr Smith was to give you advice on contracts and exits for your timeshare.

So, some clients have advised that it is this said Mr Smith that issues the indemnity certificate for the ‘insurance’ that their timeshare exit has been completed and that the resort has no come-back on the client if they have this paperwork. There is great disbelief that the certificate issued will fulfil the requirements if a resort does decide to pursue the fact that the client has not ‘exited’ their timeshare. There are many that are saying that these said certificates are ‘FAKE’ and mean absolutely nothing.

All the Praetorian Legal salespeople, and compliance and now even the ‘legal advisor’ are clearly aware that these certificates are not worth the paper they are written upon. From the moment you meet with one of the sales representatives, to the minute you sign on the dotted line, each department has their little piece of a lie to tell the client, it is such a well organised pitch, delivered in confidence, that it actually puts the clients mind at ease. Please be aware that these people are seasoned liars, and most of the employers probably even believe their own lies.

We have been informed that the ‘indemnity certificate’ is now making its way through the Courts as another client is challenging the facts others have uncovered. This has Mr Smith worried as he has already had previous run-ins with fraudulent behaviour. The indemnity is a complete violation of the financial conduct authority FCA rules if that financial instrument (indemnity) does not exist. It would be interesting to hear from others in similar situations. Have you previously been promised an exit with Praetorian Legal? Can you give us any more detail on the pitch that you were presented with? Did you pay upfront to exit your timeshare? And finally, have you received the indemnity certificate, and have had your exit confirmed by your resort?

Please, in the meantime, be very careful when having any dealings with Praetorian Legal or their associated companies.

https://www.timeshareconsumerassociation.org.uk/2018/03/30/what-to-expect-with-praetorian-legal-sales-pitch/ [nofollow]

Offline devil in disguise

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Re: Mis Sold Consumer linked with Praetorian and Mercantile
« Reply #2 on: April 06, 2018, 19:17:00 »
Further to our write up on Mercantile Claims and Praetorian Legal at the beginning of this month, we have discovered that they have other unorthodox company connections. The main one being ‘Mis Sold Consumer Claims’.  Their website https://missoldconsumers.claims/ [nofollow] does not even comply with the UK standards for a website.  There is no registered company address, and has a different name to the company that it is registered as ‘Mis-Sold Consumer Reclaim Limited’.

This company is directed by Oliver James Reynolds, whom is also director of two more companies in Birmingham that do not relate to the claims company.  In fact, they were both incorporated in first few months of 2016 and are in relation to Fitness and Digital Marketing.  A wide spectrum for a sole director, it is also unknown at this time if he works for mis sold consumer reclaims, or if he is simply a sleeping director.  He may also work for Mercantile Claims Limited, however, there is no evidence of this.

The evidence that we have found linking all companies is in the registration of their website domains.  These are all owned and ran on the same IP address, hence linking all three companies.  Mis sold Consumer Reclaims claim to

“offer a transparent service to assist you in reclaiming some, or all, of the money you have lost”

This is quite a bold statement for a company that doesn’t have the correct name or registered address on their website.  They are also misleading clients into thinking they are experts in their field and not to trust other such like companies in their following statement:

“We are experts at presenting your claims, in a professional manner, to the financial institutions.  We have had many people contacting us having used ‘others’ and their claims have been rejected by the financial institutions, simply because whoever conducted the claim did not plead the matter correctly, which led to the claim being rejected.”

Who are these ‘others’ they are talking about?  They could even be talking about their own companies Praetorian Legal and Mercantile Claims.  This is where it gets interesting, as it has been brought to our attention that the clients of these two companies are also being contacted by mis sold consumer claims, leading us to believe that they are all sharing their client data, which, unless the client has consented to this sharing of information, is unlawful.

We would advise all clients of any of these three companies to be aware that these practices are not normal, and for such strong claims to hold up, one would need to see some evidence of where this experience has come from, as Oliver’s stints with companies in relation to fitness have nothing to do with Claims.  Could he just be being used by Praetorian and Mercantile as a name to disguise the fact that the three companies are indeed related?

We would be very interested to hear from anyone that has dealt with any of the companies in this article.  If any of you have been charged up front, and if any of the claims with them have ever been successful.

https://www.timeshareconsumerassociation.org.uk/2018/03/26/mis-sold-consumer-linked-with-praetorian-and-mercantile/ [nofollow]
Sick of being taken for a ride by, the timeshare industries salesman. All I ever got from timeshare ownership was, in Debt, in dispute, in perpetuity, in trouble and insulted and in disgust.

Offline StuartWilliamson52

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Re: Mis Sold Consumer linked with Praetorian and Mercantile
« Reply #3 on: April 10, 2018, 16:55:49 »
Disgusting

Offline TimeshareTalk

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Re: Mis Sold Consumer linked with Praetorian and Mercantile
« Reply #4 on: April 13, 2018, 19:26:51 »
One site is reporting that the Director "Mr Smith" has also spent a stretch in prison
« Last Edit: April 13, 2018, 19:29:23 by TimeshareTalk »