Daily Mail

Timeshare fraudster locked up

- s.smyth@dailymail.co.uk

A TIMESHARE fraudster who conned holidaymak­ers into paying thousands of pounds for breaks in Spain and Portugal that didn’t exist has been jailed for 40 months.

Francis Madden, 61, had his staff cold-call hundreds of people a day, inviting them to a twohour presentati­on for holiday club companies.

Instead, his victims endured five hours of hard- sell techniques promising discounts on flights, accommodat­ion and cruises. Some ‘exhausted’ participan­ts were even escorted to cash machines to hand over their money.

Victims were told they could cancel their contracts during the cooling-off period.

But when they attempted to do so, they were denied.

Bournemout­h Crown Court heard the accommodat­ion offered was ‘virtually worthless’, as those who attempted to book breaks in Spain and Portugal typically found they were unable to do so, or there was limited availabili­ty.

Many of the breaks offered through Madden’s companies were cheaper on the open market.

Madden, from Bournemout­h, Dorset, pleaded guilty to three counts of fraudulent trading from May 2012 to February 2016.

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