Reactive Joint Finance – Rhys Aldous – Stock Loan Scammer To Avoid

Reactive Joint Finance Ltd – Rhys Aldous – Stock Loan Scammer

Reactive Joint Finance Ltd is the new scam website set up by Rhys Aldous to scam clients out of their stocks and shares pretending to offer stock loans when instead he steals the stocks with his criminal scammer based in the United States. Avoid him at all costs.

*Note – Our clients lawyers requested we place this review to save anyone else being scammed of their securities.

**Update 29/03.24 We have received notifications from 3 genuine lenders that they have seen a vast uptick in new brokers inquiring with them. This article is doing what we expected in having genuine clients and brokers not use scammers like Euro Credit Holdings.

Our aim is to reduce their business inquiries down to zero within the next 3 months and take them out of the stock loan industry full stop.

We ourselves have also seen a vast increase in inquiries from brokers and clients all looking for genuine lenders.

15th March 2024 – Investor Warning Issued. Investors Take Note

United Kingdom – Financial Conduct Authority – FCA – Euro Credit Holdings were previously Dreyfus Corporation

https://www.fca.org.uk/news/warnings/dreyfus-corp 

Monetary Authority Singapore: Investor Alert Issued: Euro Credit Holdings Limited

Link Here: https://t.ly/QrcIu

https://www.mas.gov.sg/investor-alert-list?rows=All&q=euro%20credit&sort=&page=1&date=2024-01-01T00%3A00%3A00.000Z%2C2024-12-31T00%3A00%3A00.000Z  

Money Smart – Australian Government Warning Website – Euro Credit Holdings Limited

https://moneysmart.gov.au/check-and-report-scams/investor-alert-list#!euro-credit-eurocreditcorp-com–2322

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We are in the process of publishing a full review of Euro Credit Holdings Ltd and Rhys Aldous who took our clients stock and never funded the stock loan as required. Euro Credit Holdings funded less than 5% of the intended stock loan whilst still retaining the clients shares.

Our client is now having to pay lawyers to have his stock returned which there doesnt seem much chance of succeeding. The client has contacted the stock exchange who have informed them that a large portion of the shares have already been sold.

The clients are now using lawyers to try and get their stock back In which Euro Credit Holdings requested the client to place USD80m of their stock with their nominated stock custodian.

We are publishing a full article about why people should avoid Euro Credit Holdings Ltd and Rhys Aldous if they want to keep hold of their stocks and securities.

The full article will be added within the next few weeks.

Do not under any circumstances listen to the lies of Rhys Aldous or use Euro Credit Holdings for a stock loan. They will simply take the stock and your client wont see it again.

They have no funds and sell the clients stock to fund the stock loan.

Euro Credit Holdings Ltd and Rhys Aldous are mentioned on other websites as being scammers which will be posted in our full article.e

Here Are Some Facts To Verify The Lies From Rhys Aldous and Euro Credit Holdings

One of the first things to be aware of is the amount of different addresses used that make it look like Euro Credit Holdings have an office where staff work. Firstly there are no staff and they only use virtual offices to make them look more legitimate.

We wont put the links to the virtual offices as readers can do that via a quick search for themselves.

But ask yourself why would a so called company that supposedly funds billions of dollars worth of stock loans using a virtual office. They would need a minimum of at least 10 staff to run all of those loans.

Guess what they dont have staff as the only person there is Rhys Aldous who lies to clients and brokers to get his grubby little hands on the stock, he then feeds it off to his stock loan fraudster who is on the run from the SEC and FBI in the United States. We will post the links later in this article.

Time Line Inconsistencies – Rhys Aldous and Euro Credit Holdings

One of the major traits of scams is the inconsistencies with timelines and the ability to post anything to make them sound credible. Scammers might provide conflicting dates or deadlines, making it hard for victims to verify the authenticity of the situation. These inconsistencies can create confusion, leading the victim to rely more on the scammer for clarification.

Dreyfus Corporation 10th June 2019

Euro Credit 18th March 2021

Kathryn Tyler – Worked At Euro Credit Holdings Since 2010

Explanation Inconsistencies – Rhys Aldous and Euro Credit Holdings

1. According to Rhys Aldous Dreyfus Holdings Ltd was taken over by Euro Credit Holdings. The problem is that if they are such a big company that purchases or takes over another large finance company that is usually supported by a news release to let people know. As you guessed there was no take over it was merely a smoke screen as Dreyfus Holdings had probably scammed other clients and had to set up a new scam company Euro Credit Holdings. (Just a note there is no UK registered company under Euro Credit Holdings Ltd) Another smoke screen to fool clients and brokers.
2. Any genuine company that purchases another company would want their existing clients to follow them. They would do this by whats called a 301 redirect from their old website to their new website. You guessed it that the old domain is no longer in use and has been closed down indicating they didn’t want anyone to follow them to the new company as again its a smoke screen to lure in new business clients and brokers and try to wipe away their history.
3. This is an Award Time for an outstanding employee. Kathryn Tyler the Executive Secretary to Rhys Aldous. We are awarding her “Employee of the Century”.  She was getting to work early for many years. So early that she was getting to work 9 years early if we use the Dreyfus Incorporation date of 2019. So well done Kathryn who by the way probably doesnt exist and is just made up by Rhys.

The Case In Question – Stock Loan Scam

Note: The below is a shortened down version of the process so readers can read it in ample time. Our aim is to educate stock loan clients of who the scammers are, so more clients end up doing business with the legitimate lenders and avoid costly losses of shares.

The case in question which we cant speak too much about was a client owning USD80m of a Singapore stock. There were 2 clients to be more specific who both wanted to take a stock loan to invest in their business and expand it.

Rhys Aldous assured us Euro Credit could fund stock loans upwards of US1bn to US2bn and that they have in the past.

In short once all the paperwork was completed by the clients the clients then sent their stock to a company called Tavira Securities to hold the stock. We didn’t get involved in this process as the client completed the paperwork and sent the shares to them under the instructions of Euro Credit.

The Big Stock Loan Scam

Stock loan scams have become increasingly sophisticated, preying on the uninformed businesses and individuals. These schemes often promise quick and easy stock loans to share holders, but in reality 90% of the so called stock loan providers are just outright thieves and scammer’s just out to steal clients stocks and securities. However, the reality is far from the façade they present. Clients who fall victim to these scams not only face financial losses of not receiving the stock loan monies they were expecting but then find themselves unable to have their stocks and securities returned to them because of nefarious terms in the stock loan contract. They then have to finance expensive lawyer’s fees and a couple of years or more trying to have their stocks and securities returned while the lender holding the stock sells the shares into the market.

How Does The Stock Loan Scam Work?

Clients and individuals will normally research online and will usually find a number of lenders and brokers advertising stock loan products. It’s at this stage we have to point out that the brokers are usually not fully clear about the way the stock loan industry works. The scammers also pull the wool over the eyes of the introducing broker usually with large potential commission offerings of 3% to 5% of the loan amount which the client will be aware of as this shows on the stock loan term sheet.

The lenders to pull in the introducing broker will also offer whats known as a back end fee upwards of 5% so the introducer is lured in with what they think is a big time commission deal when the reality is that its just a scam all along and the introducer will receive no payment after all the work they have done with the client.

Given that some stock loans have inquires of USD20m+ you can see that the commissions can be very lucrative. Scam stock loan lenders reach out to the brokers because brokers have a good source of leads which the lenders need and they need a lot because a lot of deals are stopped by savvy lawyers that read the stock loan contracts.

Proxies And Stock Loan Scams

Proxies like Rhys Aldous are people that are fully aware of the stock loan scam industry and fully participate in lying to brokers and clients so they can receive big commissions on any completed deals. They are pretty much the scum of the earth and will sell their mother so to say to earn money. The proxies filter leads through to a main stock loan scammer who takes care of all the stock once they have access to them. The main stock loan scammer has been scamming people from their stocks for over 10 years we can make out. We wont mention the name of the main participant involved here but there are many websites listed on the internet already which we can use so we dont end up in litigation. You can find out more here. CLICK HERE

Euro Credit Holdings and Rhys Aldous

From what we can work out searching the internet Euro Credit Holdings Ltd has changed names a few times in the past. It is headed up by Rhys Aldous who works with a well know stock scammer based in the United States. They have the client believe they can take a loan against their stocks and share holdings. The previous company held by Rhys Aldous was called Dreyfus Corporation. This was their website http://dreyfuscorporation.com/ which has now gone defunct. As per usual the stock loan scammers will use names that sound like genuine companies. Here is a pdf which we have found on the internet of the now defunct  Drefyus Stock Loan Provider Information – Agent Information

Rhys had to change to Euro Credit Holdings Ltd presumably because the the amount of court cases from clients trying to get their stock back from them which from what we have read on the internet is a common situation.