Saturday 30 June 2012

The Discovery Group Pte Ltd getting a bad name

Subsequent to CASE advisory on The Discovery Group Pte Ltd being published on CASE's website, this piece of news have been announced by the media and relevant bodies to warn the public about their unscrupulous tactics.


The following links I picked up warning about The Discovery Group are as follows:
Singapore Law Watch

Straits Times
Today Online
Mediacorp

I noticed yet another cunning tactic about The Cours Montreux International group of companies. Try Googling: The Discovery Group, you will find a list of overseas incorporated companies bearing the same name. I believe it IS NOT co-incidental but yet another of their diversion (or misleading) tactic to bait the old, new and potential victims. Definitely for a purpose to their advantage.


For Mr Jerry Tan Kim Huat to be connected to WHOEVER, I'd be more cautious. There's a lot more I know, but I shall just select one 'safe' piece of information to share with the public: BT: Beware “Gold Buy Back” companies


To all victims, avoid all of The Discovery Group people if they start contacting you. Ask them all to go to hell. DO NOT SIGN ANYTHING AND PAY THEM 'EXTRAS'. You owe them nothing and should not bear the burden of their so-called 're-structuring' exercise that is out to scam you. It is all BULLSHIT with EMPTY promises. While you may be bound by The Discovery VIII and iDiscover agreements (or the rest of their scam companies' agreements), ignoring their lawyers too cannot harm you. It is very obvious these bunch of unprincipled with no conscience scums have found loopholes in the Consumer Fair Trading Act and amended victims' agreements as such to their advantage. Enforcement bodies will just say 'you are bound by the agreement'. I think that you can choose to ignore your next 50% payment  to them (or whatever else they threaten to extort more from you) in view of all the negative publicity they have been generating. Stop your credit/ debit card installments to them once your first 50% is fully paid up to the bank/ debit card company.


If they threaten you to go to court, I believe every victim is on a 'winning end'.  I  have been shown evidences that is strongly confirming that they are already fraudulent. Get a good lawyer and they will chicken out to open their accounts to show the courts.


For all those victims of The Discovery Group, Cours Montreux International, Discovery VIII International, iDiscover International and Crown Holiday Exchange Pte Ltd who have not lodged their report with CASE, please do so soonest possible at your most convenient time. I encourage more people to report to CASE so that CASE will have enough cases to issue them warnings and eventually to take action against them.


I understand that some victims were 'blackmailed' by The Discovery Group people by way of asking victims to 'withdraw' their complaints with CASE if they want to get their refund. Do not be cheated. Report any 'threats' immediately to CASE. I heard that they more often made false promises than actually fulfill promises to victims.


As for people who are currently unemployed and interested for a job, I hope you have done enough homework on The Discovery Group if you were initially interested in applying. PLEASE, do not be desperate and work for such companies.  Look some place else if you have more conscience. Analyse carefully; a good company will have plenty of good comments, a proper website with full background information and a good track record with the public.



Wednesday 13 June 2012

CASE advisory on The Discovery Group Pte Ltd

Finally, Discovery VIII's unscrupulous tactics is slowly coming to CASE's attention. To all those victims who are caught in the same situation, please lodge your complaint with CASE. Every case lodged is a little step closer to bringing them down. Here's CASE's consumer alert for those who are unaware:


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Consumer Alerts

7 June 2012 NEW

Consumer Alerts – June 2012: CASE advisory on The Discovery Group Pte Ltd
From February 2012 till date, CASE received cases from at least 11 consumers with regards to the contracts they signed with The Discovery Group Pte Ltd. The said 11 consumers have asked CASE to help them cancel their contracts with The Discovery Group Pte Ltd. Considering that the Discovery Group Pte Ltd was incorporated in Singapore only in February 2012, this is an alarming trend that CASE would like to highlight to consumers.
According to what CASE understand from the affected consumers, they have existing timeshare contracts with another company and were told about one or more of the following*:
  1. There is "corporate restructuring"
  2. The Discovery Group Pte Ltd is now the parent company of the company whom they purchased the existing timeshare contract from
  3. The Discovery Group Pte Ltd is taking over the existing contract / company whom they purchased the existing timeshare contract from
  4. The Discovery Group Pte Ltd can help to waive off balance payment under the existing contract
  5. The Discovery Group Pte Ltd can help to terminate the existing contract and recover monies / The Discovery Group Pte Ltd can recover monies under the previous contract
  6. AND
    A new contract has to be signed and fees have to be paid to The Discovery Group Pte Ltd.
*Note: The list is not exhaustive.
Fees paid range from $200 to $7000.
CASE would like to remind consumers to exercise prudence especially when they are dealing with companies that claim to handle their existing timeshare contracts for them for a fee.

In addition, we urge consumers to take time to evaluate any company or business which initiated contact and offer attractive solutions to their problems. In particular, consumers should check how long the company or business has been in existence and their track record in settling consumers’ problems in the ways offered or described. So far, CASE has not heard of any successful termination by timeshare-related companies. When in doubt, consumers should not sign any contract or agreement or make any payment. It would be best not to visit the company’s or business’ premises alone.

Should consumers require our assistance with their timeshare or timeshare-related membership(s), they can speak to one of our Consumer Relations Officers by either calling our hotline at  6100 0315 between 9 am and 5 pm from Mondays to Fridays and between 9 am and 12 noon on Saturdays or visiting us at our Ghim Moh office between 9 am and 4 pm from Mondays to Saturdays, excluding Public Holidays.

Look out for our latest advisories, warnings and alerts here!

If you have an issue you want to tell us about, e-mail us: sayit@case.org.sg


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