Posts

It has come to our attention that several of our clients are being contacted by cold callers claiming to be from reputable companies. This can be distressing, as these calls are unwanted and the caller may be making statements that simply are untrue and unfounded.

We would like all our clients to be made aware that any company contacting you out of the blue and without your permission is breaking the law under the new GDPR regulations and can be reported to the Information Commissioner’s Office (“ICO”).

There is only one purpose for this unexpected call and that is to … Read more

There is a misconception that timeshare is property investment.

 

There is a good reason for this. Over the past five years, fractional ownership has been sold as an investment vehicle by both Club La Costa and Diamond Resorts. While this has been the case, consumers will be pleased to learn that the Financial Ombudsman Service (FOS) have very recently ruled in favour of the consumer.

The FOS investigation and determination found that fractional timeshare is not an investment and should never have been sold as one.

Timeshare was once fashionable in the 1980s and saw a massive growth across … Read more

Two Florida Businessman Have Been Permanently Banned From Selling Timeshare’s And Ordered To Surrender Their Assets.

The two businessmen, Jess Kinmont and John Wenz, ran and operated ‘Pro Timeshare Resales LLC’ from 2011 to 2016. The Federal Trade Commission (FTC), the US’s equivalent of Trading Standards, brought the case against the pair to court, in response to complaints made by consumers. The duo appeared in court back in December 2016, when a judge upheld a temporary restraining order against the defendants, halting them from operating the business. The court also ordered that all assets owned by the pair be frozen … Read more

A website based in America has written a post regarding a Telemarketing Timeshare Scam by an Orlando resident.

Mr Daniel Boyar, a resident of Orlando, Florida has pleaded guilty for his part in defrauding over 1,000 victims via a telemarketing scheme, a scheme which saw many victims in their elderly years handing over more than $3.3 million.
The report showed that Mr Boyar pleaded guilty to one count of conspiracy to commit mail fraud and wire fraud; two counts of mail fraud; and, two counts of wire fraud. United States District Judge James C. Mahan accepted his guilty plea. Sentencing … Read more