I am glad that you found out in time. The more detail that we can show on here the easier it will be for anyone looking for information to find all the connected names. Runways Travel plc is a new one - at least to me - but it is findable by the search engines in this context now.
They will probably start to chase you for the balance but I am sure that you can deal with them.
Travel EXE or Jeeves Lifestyle Ltd
after speaking to her yesturday she said runways IS a english company so far ive not found it in company searches. Im glad ive stopped my more dealings with these people their address in exeter is 4 silverdown office park, fairoak close, exeter airport, ex5 2ux phone No. 01392 363707 and fax 01392 363706, may be you can find their company details but it certainly looks dodgy
- richard-g
- Posts: 0
- Joined: Thu May 01, 2008 14:18 pm
No such UK company as Runways Travel plc. Never has been, it is not the former name of an existing company and it is not in the 'proposed names' either. It isn't called "Runaways" either. These people are incapable of telling the truth. It will be a Gibraltar company. That's where most of these things hang out.
- Fred 2
- Posts: 316
- Joined: Sat Apr 30, 2005 17:13 pm
We have been to Travelexe at Exeter Airport business park at the proosal of ETOO through whom we were trying to sell our Infiniti holiday points for which we had paid �16,000 - yes I know - how stupid can you get? Anyway we were told that the points were only worth a few hundred pounds on e-bay but they could offer us �10,000.
Now comes the catch - we could not have the money but would receive a Cashback voucher which would give us the money in 3 years time. However in order to be able to give us a cashback voucher we would have to buy something. This turned out to be 3 years subscription to Club Class Concierge, yet another holiday and travel club. The cost of this would be �8,000 which we could either pay cash for or they would arrange finance. Also they would add �6,000 to our cashback voucher so at the end of 3 years we would get �16,000. However as we would have paid them �8k and financed this for 3 years the actual benefit to us at the end would be about �6.5k.
We were asked to make out a cheque for the �8k to a firm of accountants in London called Sochalls for the account of Runways Travel. However I asked for 10 days to raise the cash and we left. I took the opportunity of tracing Sochalls on the web and spoke to one of the partners who seemed straight enough.
She told me that they would take a proportion (unspecified) of the cash from all the cheques they received and invest it into a high interest savings account for three years. All the cash received in each 3 month period would be put together and after three years the people who had received cashback vouchers relating to that period could apply to get their cashback. The amount you get would depend on the total available divided by the value of the vouchers of all the people who applied. As application had some complications quite a lot of people were expected to either forget to apply or not follow the instrcutions to the letter.
However she also said that our chances of getting anything like �16k were extremely small but as the scheme had only been going for a few months there was no history.
I will not be sending in my cheque for the �8k membership and would advise anyone else to keep well away. There are a number of companies that appear to have the same office in Gibraltar including ETOO, Travelexe PLC, and Cashback Europe. It does not smell good.
Now comes the catch - we could not have the money but would receive a Cashback voucher which would give us the money in 3 years time. However in order to be able to give us a cashback voucher we would have to buy something. This turned out to be 3 years subscription to Club Class Concierge, yet another holiday and travel club. The cost of this would be �8,000 which we could either pay cash for or they would arrange finance. Also they would add �6,000 to our cashback voucher so at the end of 3 years we would get �16,000. However as we would have paid them �8k and financed this for 3 years the actual benefit to us at the end would be about �6.5k.
We were asked to make out a cheque for the �8k to a firm of accountants in London called Sochalls for the account of Runways Travel. However I asked for 10 days to raise the cash and we left. I took the opportunity of tracing Sochalls on the web and spoke to one of the partners who seemed straight enough.
She told me that they would take a proportion (unspecified) of the cash from all the cheques they received and invest it into a high interest savings account for three years. All the cash received in each 3 month period would be put together and after three years the people who had received cashback vouchers relating to that period could apply to get their cashback. The amount you get would depend on the total available divided by the value of the vouchers of all the people who applied. As application had some complications quite a lot of people were expected to either forget to apply or not follow the instrcutions to the letter.
However she also said that our chances of getting anything like �16k were extremely small but as the scheme had only been going for a few months there was no history.
I will not be sending in my cheque for the �8k membership and would advise anyone else to keep well away. There are a number of companies that appear to have the same office in Gibraltar including ETOO, Travelexe PLC, and Cashback Europe. It does not smell good.
- jonno123
- Posts: 0
- Joined: Thu May 29, 2008 17:10 pm
Struth - this is the first time that any reseller has told the truth - or something approaching it - about the Reclaim scheme. You certainly wouldn't get much - and the claiming conditions are tortuous.
Just for the record - the amount paid is generally 10% of the sale price of which 8% is actually put into the pot. The investment is an ordinary deposit account. This will give you an idea of the potential amount available at the end.
Just for the record - the amount paid is generally 10% of the sale price of which 8% is actually put into the pot. The investment is an ordinary deposit account. This will give you an idea of the potential amount available at the end.
- Fred 2
- Posts: 316
- Joined: Sat Apr 30, 2005 17:13 pm
I had a call last night from Janet Calrke claiming to be from F H Publishing saying she could sell our timeshare in Portugal but we needed to pay a �995 deposit up front before we had any paperwork but that it would be refunded after completion! Does this sound legitimate? Am a bit worried about handing over that ammount of money.
- sequins
- Posts: 0
- Joined: Fri Jun 06, 2008 08:14 am
It is a scam.
Imagine a perfect stranger coming to your front door and asking you for the thick end of �1,000 to sell your timeshare. Would you give it to them?
No. So why do it via the telephone.
Ask them for a deposit of �995.00 to ensure the sale goes through.
They can be very persuasive and will come up with all sorts of excuses. Rest assured you will not see your �995.00 again.
Imagine a perfect stranger coming to your front door and asking you for the thick end of �1,000 to sell your timeshare. Would you give it to them?
No. So why do it via the telephone.
Ask them for a deposit of �995.00 to ensure the sale goes through.
They can be very persuasive and will come up with all sorts of excuses. Rest assured you will not see your �995.00 again.
- FullMonty
- Posts: 103
- Joined: Sun Feb 03, 2008 21:46 pm
Does anyone know anything about Premiere Travel in Malaga? They acknowledge Club Class Concierge who have just ripped my sister off over a time share. She has also been contacted by an investigator from Spain looking into their fraudulant activities. Madal
- madal
- Posts: 0
- Joined: Tue Jul 22, 2008 19:29 pm
Madal - Premiere is part of the ETOO Club Class grouping. Said to be a "tour operator" - but much more a marketing front for ETOO.
Are you sure about the investigator? If it is anyone who says that they can get money back, is starting a "class action" or wants money then it is a scam. Generally say that they are a law firm.
There is only one genuine investigator about that I am aware of. (If it is an individual who has been in touch please do NOT post the name here).
Should this be on Club Class -or was there a connection with Travelexe?
Are you sure about the investigator? If it is anyone who says that they can get money back, is starting a "class action" or wants money then it is a scam. Generally say that they are a law firm.
There is only one genuine investigator about that I am aware of. (If it is an individual who has been in touch please do NOT post the name here).
Should this be on Club Class -or was there a connection with Travelexe?
- Fred 2
- Posts: 316
- Joined: Sat Apr 30, 2005 17:13 pm
Hi,
Thanks to your thread I have managed to avoid getting sucked in to this scam and a long journey from Scotland to sell my timeshare. I contacted a company Timeshare Resolved following a web search after getting nowhere with OTE recommended resale companies and through frustration or maybe desperation.
Timeshare Resolved put me in touch with Travelwest Limited, Honiton, who they said would buy my timeshare. I had already read the thread here and i was prepared to spear them on the phone. They were extremely evasive avoiding my questions on cashback and totally blanking my concerns over the scam that I described to them saying that this wasn't a presentation and they were only trying to help.
After coming off the phone I did some more research through Companies House and guess what - Travelexe changed their name to Trevelwest Limited in June 2008 and still use the same company num ber at the Wimpole Street address. They are still at it!!
Watch Out!!
yours eyesopen wide
Thanks to your thread I have managed to avoid getting sucked in to this scam and a long journey from Scotland to sell my timeshare. I contacted a company Timeshare Resolved following a web search after getting nowhere with OTE recommended resale companies and through frustration or maybe desperation.
Timeshare Resolved put me in touch with Travelwest Limited, Honiton, who they said would buy my timeshare. I had already read the thread here and i was prepared to spear them on the phone. They were extremely evasive avoiding my questions on cashback and totally blanking my concerns over the scam that I described to them saying that this wasn't a presentation and they were only trying to help.
After coming off the phone I did some more research through Companies House and guess what - Travelexe changed their name to Trevelwest Limited in June 2008 and still use the same company num ber at the Wimpole Street address. They are still at it!!
Watch Out!!
yours eyesopen wide
- eyesopenwide
- Posts: 0
- Joined: Thu Aug 07, 2008 18:27 pm
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