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Appeal case against Silverpoint dismissed at the Santa Cruz Provincial High Court

RDO / Industry Updates  / Appeal case against Silverpoint dismissed at the Santa Cruz Provincial High Court
Appeal case against Silverpoint dismissed at the Santa Cruz Provincial High Court
19 Aug

Appeal case against Silverpoint dismissed at the Santa Cruz Provincial High Court

The Santa Cruz Provincial High Court has dismissed an appeal filed by a private prosecutor declaring the case closed as “there are no indications that any criminal offence has been committed”.

This judgment came after the original criminal case was too dismissed in the Criminal Court of Arona with the court stating that “no dishonesty had taken place” and that it was “difficult to consider that it is a criminal illegality when it is not even considered a civil illegality”.

The judgment went on to say that “the reports submitted by Silverpoint and the Public Prosecutor’s Office are totally correct in all of their assumptions to which they also relate”.

This decision is final and as such the closing and filing of the case is definitive.

In the last two months, and in addition to the dismissal of this appeal case, Silverpoint has had 16 other High Court rulings in its favour as well as five first instance wins.

Silverpoint COO, Diana Aitchison, said of the ruling: “Once again Silverpoint has been completely cleared of any wrong doing. We are pleased that this situation has been resolved and that our name has been cleared.

“We understand that cases like this are brought about because of contact with scam exit companies but we are clear on our company policy that we will vigorously seek costs and damages from both individuals and companies who seek to harm our reputation through these false accusations.

“We urge any Silverpoint member who has issues with their membership to get in touch with us to explore possible solutions before embarking on these costly and ultimately futile actions.”

Silverpoint Customer Service can be reached via their website or tel: 0800 949 6035 or email: customer.service@silverpoint.com

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