Wesley Aldred from Kissimmee, Florida was sentenced to a day in prison in 2015 for a timeshare telemarketing scam. He has now been sentenced to a new term of 21 months for running a similar scam while on supervised release. Aldred was one of a group of telemarketers accused of participating in a timeshare resale fraud scam which targeted timeshare owners all over the United States. They would contact timeshare owners and falsely claim to have found a buyer for their timeshare, if they could pay a small fee upfront then the company would facilitate the sale. Victims paid thousands … Read more
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An attorney representing a bogus timeshare company is sentenced to jailtime after pleading guilty to attempting to influence witnesses and lying to prosecutors.
Joshua Gayl pleaded guilty in court to a single count of conspiracy to obstruct justice. Gayl had been representing a timeshare consultancy firm, who were being prosecuted for conning timeshare owners out of more than $3 million, through their fraudulent consulting services. The owners of Vacation Ownership Group LLC were sentenced back in 2016 to a total of 51 years, for running a mortgage fraud scheme orchestrated to sell consulting services to owners of vacation properties. … Read more
Timeshare owners are continuing with their suit against Marriott Vacations Club, despite the resort giant’s attempts to disrupt and delay the class action. Lawyers for the timeshare owners have now asked the court in Florida to penalise Marriott over intentionally withholding documents. This is the latest action taken by the owners in an attempt to hold Marriott Vacation Club responsible over its conduct. They allege Marriott operated a fraudulent scheme which allegedly sold misleading points based timeshare memberships. If the owners are successful, it could have huge implications for Marriott and other resorts, over how they sell timeshares and … Read more
A retired couple from Maine, USA say they spent thousands on a timeshare they have not been able to use. It’s the same old story, an unsuspecting family spend their hard earned money in the hope of enjoying wonderful holidays promised to them by unscrupulous sales reps. By the time the ink is dry on their contracts, the disappointment begins.
The couple from Maine, purchased their timeshare in 2013 from InnSeason Resorts, who run an affiliation with RCI. They were promised a membership which would allow them to trade in their timeshare unit and use it to travel to resorts … Read more
A family from Missouri spent over $10,000 on a timeshare, they say, they have never been able to use. The timeshare was sold to them as a one week every year in their favourite location with Westgate Resorts. The sales rep told them that using their resort would be incredibly easy and so they decided to sign up, thinking they were getting a great deal for $10,000.
This was over 5 years ago and, every year, they have paid their maintenance fees, which have now reached nearly $900 a year. Despite this, the family have never been able … Read more
All-inclusive resorts have been a firm favourite of holidaymakers for generations. The convenience an all-inclusive resort can offer is very appealing to many, especially families. Having everything readily available to you, under one roof and, for a fixed price, is a big plus for holidaymakers. In addition to this, the facilities are often far better than in a hotel or villa, they also offer games centres, kids clubs, evening live entertainment, shuttle services, beach activities, exercise classes and unlimited food and drink. The real benefit, though, is not having to worry about added expenses piling up, and having to face … Read more
RCI adds another resort to its portfolio.
RCI is the global leader in holiday exchange, with over 4,300 affiliated resorts in 110 countries. RCI has announced it is adding the Hondaafushi Island Resort to its portfolio of properties and marks the hospitality giant’s 4th resort in the region.
Hondaafushi Island Resort is a beautiful resort located in the stunning Maldives, with white sands and clear blue seas. It boasts mesmerising views of the lagoons, luxurious accommodations and five-star facilities.
A spokesperson for RCI India said about the new addition: “We are delighted to announce our new affiliation with Hondaafushi … Read more
Ritz Carlton Timeshare Club members are bringing a mass action claim to a federal judge. The claim alleges Marriott Vacations caused the value of Ritz-Carlton Club members’ deeded units to decline and, in some cases, owners lost up to 90% in the value of their timeshares at the resort. Owners claim that an affiliation between Marriott Vacations Worldwide and Ritz-Carlton Destination Club, which allowed Marriott members to trade one week at the Ritz-Carlton Club in Aspen Highlands with points-based members of the Marriott Vacation Club, caused the value of their investments to sink. Ritz Carlton Club was sold to owners … Read more
Timeshare Resort Under Fire For Not Paying Taxes.
A large timeshare company based in India is under the spotlight for allegedly not paying their taxes to the department of Excise and Taxation. Officials at the Indian department have accused the timeshare resort of not paying their taxes in the state where their head offices are located, but not paying taxes for where their resorts are operating.
The Excise and Taxation Department have served a recovery notice on the resort In question and accused them of tax evasion. The tax has been calculated as per minimum rental occupancy, but taxes … Read more
A real estate company in the US is warning consumers and real estate brokers about a spurt of recent timeshare scams. The scammers are cold-calling timeshare owners claiming to be from a legitimate real estate agency and offering timeshare sales and exit services for timeshares owners.
The scammers have been falsely representing themselves as home sales agents working for a legitimate firm, even going as far as to use their real estate license number and address.
The scammer will then offer to sell the victims timeshare, explaining how they have many clients ready to purchase timeshares at a reasonable price. … Read more