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Timeshare owners owe $24 million.

A timeshare resort in Canada that went into liquidation is offering to make a deal with owners who deserted their timeshares if they agree to pay-up within 30 days.

Carriage Hills and Carriage Ridge appointed administrators by order of the court to help address financial concerns after they faced financial deficit from 2015-2018 and during this time one quarter of the 13,000 owners had defaulted on their timeshare payments. The timeshare units are part of Wyndham Destinations, but the aging properties were not maintained, and owners became tired of paying fees and not seeing any improvements made to the resorts. … Read more

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Warning over holiday scams

As lockdown restrictions begin to ease, officials are warning the public to be extra alert when booking holidays, tickets and insurance as scammers set their sights on targeting new victims.

We are constantly being warned about the latest scams and being careful online, but the pandemic has seen the biggest increase in callous scammers looking to target people, even in the toughest of times. Since the first lockdown began over a year ago reports of scams have increased and now just as lockdown restrictions begin to ease, experts are warning we need to be even more vigilant when looking to … Read more

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Have you ever attended a timeshare presentation? One unlucky couple did, and this is their story!

Back in 2017 Mr and Mrs Bunton were called by CLC world and told they had won a free night in a hotel. The offer was very appealing as it was a short drive to a luxury hotel in Cheltenham. They agreed to accept their ‘prize’ and very much enjoyed their stay at the hotel, however, the following morning they were shocked when they were forced to sit through a long presentation about holiday points membership. The hard sell lasted from 10 am to 4pm that day, incredibly they managed to resist the pressure and not sign up to the … Read more

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The Covid Cons – What to know!

Scammers are getting increasingly sophisticated in their attempts to get their hands on your personal information. As fast as a scam gets stopped in it’s tracks a new one emerges. And just as we are seeing a record number of people working from home, so too are the scammers who are taking full advantage of the current pandemic and are ruthless even in these turbulent times.

These cyber criminals are thoroughly taking advantage of coronavirus worries and coming up with more ways to con money from innocent people.

Barclays Bank recently published new figures which showed that during the first … Read more

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Timeshare trouble: is it really worth it?

If you are the sort of family or couple who enjoys taking a holiday at the same time and place every single year, year after year, then a timeshare might be right for you!

Similarly, if you do not enjoy planning your own holiday and you prefer to chose from a limited experience selection and be restricted in your choices, then a holiday club membership may suit your needs and lifestyle.

Whichever of these categories you fit into both come with an overwhelming amount of terms and conditions and fine print. And when we say fine print, we mean miniscule, … Read more

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Fraudster Jailed Over Rental Scam

A fraudster has been jailed and ordered to pay back money he made in a property rental scam.

Following a series of reports to Action Fraud, Zhaker Darvesh has been jailed for conning victims into paying him thousands of pounds in deposits for rental properties. Darvesh advertised properties on Gumtree and collected deposits from victims, ranging anything from £9,500 to £3,200. Some of his victims were left in horror after arriving at properties on move-in dates only to find they had been scammed.

Darvesh would stop replying to messages, calls and emails from victims when he had received their … Read more

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Bluegreen Vacations Opens Latest Timeshare Resort

Bluegreen vacations has opened the doors to its 2nd timeshare resort in New Orleans.

Bluegreen Vacations already offers La Pension, a boutique hotel located in the centre of New Orleans. However, the latest resort is in stark contrast, The Marque brings both history and modern technology together to create a unique experience for timeshare owners.

The Marquee will offer Bluegreen timeshare members an ‘immersive guest experience’, using augmented reality, this is the first time a timeshare resort has implemented this type of technology.

The property itself offers an owner’s lounge, where members can relax with a drink, play pool … Read more

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Betting Fraudsters Ordered To Pay Back Victims

Two men sentenced for money laundering in a betting scam which netted them £3.5 million, have been ordered to pay back some of their ill-gotten gains to victims.

The two men were involved in a complex case of money laundering which police believe they had been running for about 5 years. They were alerted to the two men by Action Fraud, who received complaints from members of the public.

Both men pled guilty in February this year, to money laundering and David Head, who is thought to be the ringleader, was sentenced to seven years imprisonment and Lee Taylor was … Read more

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Payday Lender Sets Up Compensation Pot

The Money Shop has set aside an £18million compensation pot for customers who were wrongly lent money to.

According to various news reports, it is believed the payday lender is preparing to close for good and The Money Shop is writing to its some 2 million customers offering them financial settlements for mis-sold payday loans.

The Money Shop has already started the process of closing some of its branches, reducing from 600 to around 200. Some of the branches have already been sold off to pawnbroker H&T Group and The Money Shop is expected to close the stores it cannot … Read more

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Warning: Don’t let a scam ruin your retirement!

Action Fraud have released a warning to those with pension pots to protect, that scammers are targeting everyone with a pension, no matter how big or small.

Pension scams can be hard to spot. Scammers can be articulate and financially knowledgeable, with credible websites, testimonials and materials that are hard to distinguish from the real thing. Some victims of pension scams have lost more than £1m to fraudsters, according to new figures, amid a surge in criminal activity targeting the savings of over-55s.

While the average amount swindled out of pension scam victims was £91,000, some people had lost … Read more

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