We at CLA International are currently coordinating a series of investigations into the “Limora Group” of companies, our findings so far of the overseas structure of companies (see the organisational chart of the company names and overseas jurisdictions below in PDF format) are also being implemented into the legal proceedings in the Spanish courts against SILVERPOINT S.L. and other Spanish S.L. companies within the group which in most cases are owned by foreign overseas companies (offshore entities).
It is our opinion the purpose of the overall setup and structure of the “Limora Group” along with all her offshore/overseas companies was deliberately done to hide and camouflage the real names of the “ULTIMATE BENEFICIAL OWNER/S ( UBO,s )” and to ensure that money which had been paid for various SILVERPOINT products cannot be traced, therefore in the case of litigation they can avoid any refunds to consumers ordered by the courts.
SILVERPOINT clients/members/consumers have been thoroughly misled when they purchased the following products:
- Timeshare weeks
- Timeshare Resale weeks (with a promise of guaranteed sales)
- Club Paradiso a timeshare club based on floating weeks
- ELPP (supposed an investment product with rental income and resale value)
- Company Participation Agreements (apartments registered as SL companies)
- Keys Concierge
The result of our findings so far has already delivered positive results for our clients in cash pay-outs and embargos against properties in Tenerife. The findings have also resulted in the start of criminal proceedings against individual persons within the “Limora Group” with many more to come.
If you are a CLA International FZE client and you have any questions related to the structure of oversea companies please either contact our Dubai office or mail [email protected] or call our Spanish Office in Gran Canaria and ask for Csilla Nazalli +34 928 18 50 28 or our Costa del Sol Office in Benalmadena and ask for Sean Thacker +34 951 24 00 30
Click to open PDF file