Odyseus
26-05-07, 12:55 AM
This is a letter posted on the net to explain the what CSAG is all about. It appears to have been started to fight a mis-selling case but has grown and grown and now appears to be a vociferous and influential protest group.
Joint action jointly funded.
They gotta be worth conacting re. PP as they appear to be in hot pursuit of them already.
Needless to say it would make sense to check them out a bit more before you part with your 250 euros (once bitten twice shy) but they could be the weapon you guys need and if nothing else they are likeminded people who share your problems.
"The Costa del Sol Action Group CDSAG (www.costa-action.co.uk) was started by David ‘the Dogman’ Klein more than four years ago after David Klein and his wife lost money due to the incompetence and mis-selling by a financial adviser in Spain. David could not obtain any recompense or redress because the company was not licensed, regulated or authorized by any official body in Spain such as the CNMV or DGS in Madrid, Gibraltar FSC or the UK FSA.
From these relatively humble beginning the CDSAG has now grown to represent more than 700 families who have suffered similar losses totaling a staggering £80 million.
The lawyers acting for the CDSAG, IURA Despacho Juridico of Fuengirola, initiated proceedings in Spain’s Supreme Criminal Court in Madrid culminating in a class action on behalf of selected aggrieved parties against certain financial advisers. The Comisíon Nacíonal del Mercado de Valores (CNMV) and the National Fraud Squad in Madrid estimate that the number of expatriates who have suffered losses at the hands of such unscrupulous financial advisers could run as high as 17,000 in Spain.
The CDSAG is non-profit making and our general principle is to charge members a one-off joining fee of 250 euros. That is how it has worked in the past and all that money has gone to our lawyers to defray their costs such as translations and copying. Vast numbers of documents have had to be translated into English for thee Spanish courts. The class action is now in its final stages with prison sentences and restitution orders expected for the miscreants.
What we need to do in your case is gather together as a group as many people as we can who have ostensibly been defrauded by Palmera Properties and its associates. Publicity is vital to bring the problems and what we are doing to resolve then to the attention of these buyers. I have just had a telephone call from tonight with Trevor MacDonald asking about your case as they had picked it up thanks to our friends at the Sunday People.
I shall work out a plan of action which will include publicity on relevant internet message boards and perfection might be our own web site. Anybody any good at web site design?
I shall also work out a financial plan. The more people we recruit and the cheaper it will be per capita.
Best regards,
Gwilym"
Gwilym Rhys-Jones
Adviser and Investigator
Costa del Sol Action Group
http://www.costa-action.co.uk/
E-mail: gwilymr-j@terra.es
Tel: + (34) 951 31 82 77
Mobile: + (34) 699 840 606
Skype address: gwilymrj
Huerta Nueva 11 17 1D
Estepona 29680 Málaga
Spain
Joint action jointly funded.
They gotta be worth conacting re. PP as they appear to be in hot pursuit of them already.
Needless to say it would make sense to check them out a bit more before you part with your 250 euros (once bitten twice shy) but they could be the weapon you guys need and if nothing else they are likeminded people who share your problems.
"The Costa del Sol Action Group CDSAG (www.costa-action.co.uk) was started by David ‘the Dogman’ Klein more than four years ago after David Klein and his wife lost money due to the incompetence and mis-selling by a financial adviser in Spain. David could not obtain any recompense or redress because the company was not licensed, regulated or authorized by any official body in Spain such as the CNMV or DGS in Madrid, Gibraltar FSC or the UK FSA.
From these relatively humble beginning the CDSAG has now grown to represent more than 700 families who have suffered similar losses totaling a staggering £80 million.
The lawyers acting for the CDSAG, IURA Despacho Juridico of Fuengirola, initiated proceedings in Spain’s Supreme Criminal Court in Madrid culminating in a class action on behalf of selected aggrieved parties against certain financial advisers. The Comisíon Nacíonal del Mercado de Valores (CNMV) and the National Fraud Squad in Madrid estimate that the number of expatriates who have suffered losses at the hands of such unscrupulous financial advisers could run as high as 17,000 in Spain.
The CDSAG is non-profit making and our general principle is to charge members a one-off joining fee of 250 euros. That is how it has worked in the past and all that money has gone to our lawyers to defray their costs such as translations and copying. Vast numbers of documents have had to be translated into English for thee Spanish courts. The class action is now in its final stages with prison sentences and restitution orders expected for the miscreants.
What we need to do in your case is gather together as a group as many people as we can who have ostensibly been defrauded by Palmera Properties and its associates. Publicity is vital to bring the problems and what we are doing to resolve then to the attention of these buyers. I have just had a telephone call from tonight with Trevor MacDonald asking about your case as they had picked it up thanks to our friends at the Sunday People.
I shall work out a plan of action which will include publicity on relevant internet message boards and perfection might be our own web site. Anybody any good at web site design?
I shall also work out a financial plan. The more people we recruit and the cheaper it will be per capita.
Best regards,
Gwilym"
Gwilym Rhys-Jones
Adviser and Investigator
Costa del Sol Action Group
http://www.costa-action.co.uk/
E-mail: gwilymr-j@terra.es
Tel: + (34) 951 31 82 77
Mobile: + (34) 699 840 606
Skype address: gwilymrj
Huerta Nueva 11 17 1D
Estepona 29680 Málaga
Spain