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Pensioner Sold $250,000 timeshare!

The daughter of a pensioner was so horrified to learn that Diamond Resorts sold her father $250,000 worth of points, she contacted the FBI.

In December last year, a daughter from the U.S. sent a complaint to the FBI, describing how her 88 year old father had agreed to buy a timeshare points product for $250,000. He has since, lost his wife and is suffering with Dementia and living in a nursing home.

Her father was 87 at the time he was approached by Diamond Resorts and simply enjoying a day trip to the beach with his wife at the … Read more

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Disney Vacation Club Exclusively Open To Members

Disney Vacation Club has announced that sales for the newest resort are now open exclusively for Disney Vacation Club members until April 15 2019. After this date, sales will be open to the general public. Disney’s Riviera Resort is the 15th Disney vacation Club property.

The Riviera Resort is said to be one of Disney’s finest to date, with deluxe accommodation offering around 300 family friendly vacation homes. Disney’s Riviera Resort will include deluxe studios. One and two bedroom villas, grand villas, that sleep up to 12 guests each and ‘Tower Studios’ to add a unique twist for guests. … Read more

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Residents Warned About Timeshare Scam

The State of Tennessee, U.S. has warned residents to be on alert if they own a timeshare. The Tennessee Department of Commerce and Insurance say’s there is a big problem with people being scammed in their State and timeshares ranked amongst its highest complaint category.

While most victims are owners trying to sell their timeshares, the department also receives high numbers of complaints from buyers. They say these include high pressure sales tactics and misrepresentations about their contracts.

The Federal Trade Commission (FTC) is an independent agency of the United States government, its principal mission is the promotion of … Read more

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Scammed out of $63,000 on a timeshare that was never built

A 68 year old retired couple from Arizona, U.S. paid more than $63,000 for a timeshare condominium in Mexico. The couple were planning on spending a couple of weeks there every year, however, the couple learned the resort was never built.

It all started in 2004, when the couple invested $30,000 in a two bedroom timeshare condo in the Grand Mayan resort in Mexico. The developers told the couple the timeshare would be ready in a couple of years, the wait turned into 13 years and the couple were forced to continue paying maintenance fees, which had reached $900 a … Read more

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More Timeshare Scams From The U.S.

The Better Business Bureau in the U.S. is warning consumers about yet another timeshare scam. A woman from Texas reported to the consumer watchdog about a call she received from a timeshare resale agent based in Chicago.

The cold-caller said he was from the Continental Group, and they could sell her Mexican timeshare as they had received an offer of $53,700, however, before they could do so, they needed her to transfer funds for capital gains tax and other necessary fees to sell her timeshare. He even sent her what seemed like legitimate confirmation documents, everything was stamped and … Read more

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Notorious Timeshare Scammer Sentenced

The leader of a timeshare resale fraud scam which targeted elderly and vulnerable people, has been sentenced to five years in prison and ordered to pay back $3.37 million in damages. The Notorious Florida Based scammer was sentenced to 63 months in Federal prison, for defrauding more than 1,000 victims, many of whom were elderly, out of over $3.3 million.

Daniel Boyar from Orlando, Florida, ran an elaborate timeshare scam between October 2010 to April 2012. He and 20 co defendants devised and carried out a telemarketing scam to defraud more than 1,000 timeshare owners out of more than $3.3 … Read more

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Fraudsters Plead Guilty To Telemarketing Timeshare Scam

Two men from Florida have pleaded guilty in a telemarketing scam that cost 40 victims more than $1.5 Million. Following an investigation by the FBI, Troy Carter and David Bell have both plead guilty to a huge money laundering conspiracy, that saw victims being targeted twice. Both men face a maximum penalty of 20 years in federal prison.

From 2015 to 2018, Carter and Bell concocted a ruthless scam to target timeshare owners throughout the U.S. and steal their money. They instructed staff to cold-call timeshare owners and pose as real estate agents claiming to have buyers ready to purchase … Read more

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Courts Shut Down Timeshare Scammers

Two rogue timeshare claims companies run by the same person, have been shut down by the courts for failing to deliver advertised services.

Meredith Pritchard Claims Consultants Ltd and First Law Solutions have been wound up in the public interest at the High Court in Manchester. The Official Receiver has been appointed liquidator for both companies.

The two companies, based in Chester, offered timeshare claims management services which helped clients get out of their existing timeshare contracts and pursue compensation claims against resorts.

The court heard that Meredith Pritchard Claims Consultants traded between October 2016 and August 2017, before First … Read more

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Australian Timeshare Industry Could Face Huge Shakeup

The Australian government is looking into whether timeshare companies should be allowed to continue paying sales agents’ commissions on their sales.

The government want to review the quality of advice given to consumers during timeshare presentations. They also want to eliminate bad practice in the timeshare industry, including lengthy, poor value contracts, high pressure sales tactics which end in consumers taking out unaffordable loans.

The Australian Financial Complaints Authority receives over 170 complaints a year from timeshare owners. They say complaints are centred around the mis-selling of timeshare, where sales staff have failed to disclose cooling off rights, failure to … Read more

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Wyndham Opens New Resort

Wyndham Destinations, has announced they are to develop a new resort in Utah, U.S. They are also expanding their existing property in Arizona.

The new resort in Utah and the expansion in Arizona are under the WorldMark by Wyndham brand. WorldMark operates over 90 resorts across a range of destinations.

The new resort in Utah will be completed in 2020 and will feature more than 150 suites, with one, two and three bedroom layouts. The resort is located near to two of America’s famous national parks, Canyonland National Park and Arches National Park. The resort will also feature WorldMark Presidential … Read more

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