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Con artists prey on victims of timeshare resale scams

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Con artists are trying to steal money from people by falsely claiming they are associated with the federal courts, the U.S. Department of Justice (DOJ), and the Federal Trade Commission (FTC).  The imposters tell people they are entitled to refunds as part of cases brought by the FTC against companies that engaged in timeshare resale fraud. People are told they must pay several hundred dollars in “court costs,” “processing fees” or “filing fees” to get their refunds. The scammers may use an actual FTC case number to lend some legitimacy to their pitch. DO NOT GIVE THESE IMPOSTERS MONEY. THIS IS A SCAM. The FTC never requires consumers to pay money to get a refund. The imposters also have impersonated Florida attorneys in an effort to convince people to pay their “fees.” 

If you get a call from someone claiming they can get you a refund for a fee, report it to the FTC. Visit Complaint Assistant or call 1-877-FTC-HELP (1-877-382-4357). The FTC enters complaints into Consumer Sentinel, a secure, online database available to more than 2,000 civil and criminal law enforcement agencies in the U.S. and abroad. The FTC’s website provides free information on a variety of consumer topics.

Tagged with: fraud, imposter, refunds, scam, travel
Blog Topics: 
Money & Credit

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The problems is I tried to get my money back & they told my credit card company that they had started paper work to cancel my membership. Which wasn't true as none of the paper work to proceed was signed. They claimed that I changed the contracted & was going to sue me if I didn't stop. So now I am paying CC company over $4000.00 for a service I NEVER recieved. Our mortgage is paid too but the high maintenance fees are killing us every year.

If you were billed for something you never received, contact your credit card company to dispute the charges.

First, please report your experience at ftc.gov/complaint so it becomes part of the FTC database that investigators use. Find out how to dispute credit card charges in this FTC article. You can dispute items yourself, you don't have to pay someone to do it.

I am afraid to do anything against this company as they are big & have lawyers. I can't afford to get sued by them. They send me a letter demanding I stop making waves.

After contacting the Attorney General's Office in CA, today received a letter from Nevada National. They stated that they had negotiated a lesser penalty for getting out of our timeshare contract in August. This was news to us as we were contacted by the resort last week stating that the penalty had been reduced. In addition, Nevada is reimbursing the amount of our fee to them that has not been expended and will apply it to the negotiated discount AND will handle the transmission of it to the resort in Mexico and the latter's formal release of our "indebtedness" to us. This latter is important because we do not trust the resort at all. So from our perspective, I think a big problem with NNA is poor communication. We also feel that NNA promises to much--frankly we were hoping for a full "pardon"; in their sales presentation, they should make it clear that some resorts will NOT terminate a contract without a penalty and the best a client can hope for is a reduction. We are going ahead with the above. During the predicted cold winter, we expect to cut our heating bills by burning the piles of paper that have accumulated during our 2 decades of association with that resort. I question the advisability of purchasing a timeshare from even the most legitimate of companies since the world is awash with bargain vacation deals. Hope others reading this will find some relief and be able to enjoy a blessed holiday season.

Exactly what a great resource! Thanks for researching and sharing this tremendous information people will have a way to master with and from.

Anyone heard of EAS Equity Acquisition Services in FL?

If you're thinking of selling a timeshare, take a look at this FTC article and find tips on how to handle a call from a company offering to resell your timeshare.

Don’t agree to anything on the phone or online until you’ve had a chance to check out the reseller. Contact the state Attorney General and local consumer protection agencies in the state where the reseller is located. Ask if any complaints are on file. You also can search online for complaints

My sympathy to all who have endured the timeshare burden of existence. Somebody in this forum mentioned oddly the buyers were increasing. I am a new buyer as of 1 year also and already confronting the cold shower affect and hard realization of what timeshare really is. I too received a phone call, from a company worldwide connections and spoke to a Mr Michael trip and a Ms Lillian Cooper, offering 3500 dollars per week for my mexican time share. They request no front up fees, they encouraged me to seek a contract lawyer and have them go over the contract. They encouraged to fly into texas and meet them, they say only after the money is deposited into our account will we pay them the 8 percent commission fees. it all sounded legitimate. Maybe too legitimate dare i say? I was so excited over the offer until I came across these forums and my dreams came tumbling down. What do you all think? Beware?
Thank you and good luck to all of us,

Has anyone heard of a company by the name of Closing and Holding group? They called my father claiming to be able to give him five times what he paid for the timeshare in Mexico. Unfortunately, before I was aware, he had wired $5000 to them for "closing fees", under the impression that they would refund this along with 35,000 additional dollars once everything was in order. I am convinced that this is a scam. They also just contacted him claiming to need an additional $7000 as a "19% lien on the property" which was mandated by the Mexican government. Give me a break.

Hi,
Has anybody heard of Meridian Financial Services from Asheville, North Carolina? They say I own a timeshare property called Fox Run Association and have put in over 2400 in collections. My credit is ruined and when I call them they tell me only way of getting out of this is to transfer the deed to somebody else. I don't even remember signing this scam.I am in deep trouble. Can anyone help me with any advice on how I can get out of this situation. I went through all this blog, I see many people have been victim of this scam but I can't find any solutions to this. Do I have to put up with this for rest of my life? Please help me get out of this situation.

Please visit the FTC's Travel Scams page for more information. You also might want to contact the North Carolina Attorney General's Office. They can tell you if they have any complaints on file about the company.

Getting calls from Mike Michael Green at Timeshare Web Tree at 117 E 37th St, Suite 392 Loveland CO 80538. Promised $19,507 for our 1 week timeshare in Branson. Red flags all over the place but the guy is so smooth! Thankfully I know enough about real estate to know what he emailed me is crap and nothing but a ploy to get $698 from me. Beware... too good to be true usually is!

I have also been receiving calls from Timeshare Web Tree in Loveland, as well, but from a Jim Henery. May I ask what the Red flags were you noted with the agreement? The agreement they sent me is short and vague.

I was just contacted by Jim Henery about selling our timeshare in Branson. Did you get taken? It sounds too good to be true.

Are there any known scams using the company name, General Property Management, Inc which supposedly has an address of 8400 E. Prentice Ave #1500 Greenwood Village, CO 80111. They moved out of that address last Dec. Their website generalpropertymanagement is the only reference I can find for them. No other mention, references or reviews of that company anywhere. Christopher Long (who has a distinct Hispanic accent) offered to buy my timeshare in Mexico, they say they will transfer money to me before I have to pay them anything. Has anyone heard of them related to scams?

This FTC article about timeshares and vacation plans has tips and information for anyone thinking of selling a timeshare through a reseller.

BB99 My wife was contacted a month ago by General Property. Did you find out any information or go through with your sale to them. I also can't find much on them.

They have contacted me as well, only they want a bunch of money upfront. A commission fee and taxes before they release any money. I have a bad feeling about them especially since I can't find anything about them online. Please tell me how your experience turned out.

Anyone had an experience with Firever Grand Vacations in Branson, MO. My sis and I were told we could get ALL our money back including any fees paid to a timeshare that we jointly own in Hawaii. Of course, the hook was that we must purchase the "lease" that FGV sells in order to get the Timeshare Relief ,Inc. to get the money back. We paid by credit card, and due to my brother's death and funeral, the three day period passed. Also, we received the contract from the Timeshare Relief org, and it revealed they could not get any money back, and it revealed many of the outright lies that were told to us at FGV. I sent letter to FGV on June 6, but now they say they never received it. I filed a dispute with my credit card, but that was unsuccessful due to the "Contract we signed with FGV. Now I filed a Better Business Bureau complaint in Missouri and it is active but not convincing FGV to return our money as yet! Boy, did that salesman ever tell the lies to us! If only we had recorded the conversation. We will never find ourselves within earshot of a timeshare person again! So has anyone had experience with Forever Grand Vacations?

 You can also file a complaint with the Federal Trade Commission,  your state Attorney General’s office and the Attorney General's office in the state where the business is located.

Does anyone know anything about the internet company Timeshare Compliance. com. Is it a legitimate contract cancelling company or is it just another scam?

I have a company that called me and said they had a buyer for my timeshare at Bahia Principe. Tescotexas in Houston TX. Telling us we had to pay Mexico's taxes for us to get our funds, so we did. Now they are telling us we need to pay a transfer fee. After the contract date of payment has passed. Does anyone have any experience with this company and what problems have you had.

Anyone deal with Westgate and was able to get out??

have you had any luck? currently in the same boat.

UDI Consulting from Springfield, MO contacted my elderly mother about her time share and scared her into thinking a new law passed and it would be near impossible to sell her timeshare. They made her believe that her heirs would be responsible for a large debt even though the time share is paid off she only pays maintenance fees. They tried to get her to either "Liquidate" her time share and get out of it completely or turn her timeshare over to them in exchange for a points program with RCI for a mere $10,000. I believe they are scam, but can't prove it at this point, but they are operating in CA without a CA real estate license. Anyone heard of them? They have only been in business from July 2016.

Hello, my parents were also contacted by udi recently and were close to handing over a check before I found out. I was wondering if you had any other dealings with them and how they turned out if so. It sounds like I am in the same situation as your post from December. Any help would be greatly appreciated!

Does anyone know if US consumer Attorneys is legit? They are promising us to get rid of our timeshares for good. Any info would help please. thank you.

Read these tips before you give anyone money to sell your timeshare.

And be sure to check out a business before you pay them any money. See if the state Attorney General, local consumer protection agencies, or the Better Business Bureau in the company’s home state have complaints about them on file. Then, search online by entering the company name and the word “complaints” or “scam.”

They are a scam. They will ask you to pay a retainer fee and will do nothing on it for several weeks. You'll end up wondering what's going on or the status of the case and call them for an update. You'll get generic responses such as: that they didn't get your full payment, so they cannot start your case; your case is still processing in opening; or simply they are awaiting to hear from the timeshare resort. You'll ask to speak to your lawyer but end up with one of their call center employees saying they can assist you to divert you from talking to one of their lawyers. This will go on for awhile, you're lucky if they can "close it early." They just wait until the resort puts your timeshare up on foreclosure because of the missed payments. After that's all done, they consider it a success and closed case. You're really paying for them to wait. Find a better lawyer, one who will actually give you the time of day and experienced employees.

Did your non payments get reported on your credit? They told me it would not affect my credit.

Did you use us consumer attorneys? They are also telling me they will get rid of my timeshare with no bad credit and I no longer have to pay them anything.

Has heard anybody being taken to court for none payment of maintenance fees after timeshare termination refusal?

Are you a Harbor Hill owner?

I was just scammed by Oakwood Property Management and Escrow One, Inc. Everyone's story is about the same with different fictious company names. They all claim to have a buyer, in my case Grupo Model out of Mexico. These are well planned scams that sound very legit with very professional people and fake escrow companies. After much research, DO NOT EVER SEND MONEY TO GET MONEY. I HAVE LEARNED THAT YOU WILL NEVER MAKE MONEY ON THE SALE OF A TIMESHARE. DONT FALL FOR THESE SCAMS NO MATTER HOW LEGIT THEY SEEM.

Please report your experience at ftc.gov/complaint. Your complaints help the FTC and other law enforcement agencies bring scam artists to justice. We cannot address complaints if they are submitted through the blog comments.

Does anyone know Elite Enterprise Consulting in Reno, Nevada? They said they had a buyer for our timeshare

I attended meeting for timeshare relief in exchange for R C I points, signed contract, my timeshare is paid in full . Timeshare Relief applied for a credit card in my name with the understanding, that no money will be used until I transfer my deed and notarized papers. When I received the papers to be notarized it did not seem professionally done, spelling and dates were incorrect. I tried calling the company in Florida many times but could not get through. I decided not to sign any further papers or notarized anything. I wanted out, my grace period has expired. then after almost one month I got a call from a consultant I told him I am no longer interested, he said that was okay, he somehow asked me if I received the credit card and what the number was, without thinking I gave him the number to my surprised he cash almost 14,000 dollars from the card, which I immediately call American Express and told them I did not activate this card nor do I have a pin number, the did some investigating and close the account. now Capital consulting group LLC in Florida is trying to collect money back from me. I did not transfer anything, I am still paying my dues, so they are saying $14,000 is for consulting fees. Please bare in mind I was invited to a meeting , I did not ask for a consultant. Now I a afraid my credit may go bad, I am having nightmares of having a Lien on my home. I felt scammed for the way they went about collecting on my credit card. can anyone tell me what my position is on this.

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If someone used your credit card without your permission, you can report them to the FTC at FTC.gov/complaint. The information you give will go into a database that law enforcement uses for investigations. You can also report it to the Florida Attorney General.

If a company from Florida falsely claims that you owe a debt, you can report that to the Florida Attorney General too.

You can get a free copy of your credit report at annualcreditreport.com. You can review it to make sure information is accurate and up to date. If you find mistakes, you have a right to dispute errors on your report.

There are two companies,AVALON WORLD INVESTMENT INC. AND MIDWEST PROPERTIES INVESTMENT INC,working in conjunction with each other to scam timeshare resale owners. MIDWEST Properties Investment Inc is suppose to be the real estate broker and Avalon World Investment is suppose to be the finance and Trust management company.

They are located in Albuquerque New Mexico and Oklahoma City Oklahoma and laundry the money via an INTERMEDIATE bank,BANCO SANTANDER MEXICO SA, in Mexico.

They have WEB SITES which would lead one to believe that they are legitimate and no bad claims with their respective police departments,Better Business Bureau, or any watchdog group.

I think that their 'Web Sites' should be taken down and all consumer watch groups alerted to this scam.

anyone with Calypso Cay,in Kissimme florida,Timescape inc.

Do not deal with Absolutely Amazing Vacations in Atlanta, Georgia or Escrow Services LLc in Atlanta. Total scammers and thieves !!

Has anyone worked with Help 4 Timeshare Owners, LLC located on 503-A Ligon Drive in Nashville, TN 37204 Stew@ help4timeshareowners. com 888-733-6553 Office 900-691-8994 Cell Claim to be great company, BBB A+ rated, etc... How can I know if they’re a legit company or another scam?

This FTC article about timeshares & vacation plans has information about working with a reseller. It has a list of tips. Here is the first tip:

  • Don’t agree to anything on the phone or online until you’ve had a chance to check out the reseller. Contact the state Attorney General and local consumer protection agencies in the state where the reseller is located. Ask if any complaints are on file. You also can search online for complaints.

I also had a call from Elite Enterprises Consultants and talked to Bradley and Vanessa who insisted for several months that they had a buyer for mine. Then all of a sudden I can't get ahold of them by phone or email. Said someone else had bought them out and their phones had been taken away from them. Sounded like a highschool prank. Wish I knew how to report them.

You can report this to the FTC at FTC.gov/Complaint. The information you give will go into a secure database that law enforcement uses for investigations. You can also report them to your state Attorney General.

Beware, MRC (various addresses in MO) is another timeshare transfer scam. They get money up front and then turn your information over to STT..... another scammer, who demands a transfer fee that is 15 times more that what you were told.
MRC made an unsoliced call to our hometown start this scam. There are some 20 “timeshare transfer” companies with an Ozark, MO address. Beware!

Anyone have any suggestions or luck getting out of a timeshare without paying thousands of dollars to do it? If so I would love to know how?

does anyone know anything about a company called
national cancellation and transfer in springfield , missouri

I worked for a timeshare resale company.... I finally realized that we (salesman) were told a lot of lies and that this company (that I worked for) didn't really sell any timeshares. They just wanted an upfront fee only....ANY AND ALL companies that want any money before disposing of any timeshare is a SCAM!!!!!!!!

Looking to see if anyone has worked with Clyde Masten and James Faucett

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