TALLAHASSEE, FL (March 14, 2016) — Attorney General Pam Bondi has announced a lawsuit filed against Prime Resorts International, a central Florida-based timeshare resale company, and its President and owner, John Piccione for alleged violations of the Florida Deceptive and Unfair Trade Practices Act and the Florida Timeshare Resale Accountability Act.
The defendants allegedly made unsolicited telephone calls to consumers nationwide claiming to have ready buyers and renters willing to pay a specified price for consumers’ timeshare properties. Additionally, the company claimed to be able to guarantee sales and rentals of those timeshares. The defendants collected upfront fees from consumers ranging from $595 to more than $4,000, and purportedly did not have buyers or renters lined up to pay any price for consumers’ timeshares.
The Attorney General’s Office received more than 85 consumer complaints alleging losses totaling more than $110,000. The lawsuit filed in the Ninth Judicial Circuit Court in Orange County seeks a permanent injunction, civil penalties in the amount of $10,000 per violation, disgorgement of profits, consumer restitution and attorney’s fees.
To view the filed complaint, click here.
Attorney General Bondi’s Consumer Protection Division is the civil enforcement authority for all violations of the Florida Deceptive and Unfair Trade Practices Act. The Division protects Florida consumers by pursuing individuals and entities that engage in unfair methods of competition or unconscionable, deceptive and unfair practices in any trade or commerce. The Division also often partners with other state attorneys general, other state agencies, and the federal consumer protection enforcement agencies in joint enforcement efforts. Since 2011, the Division has resolved more than 550 matters and generated more than $10 billion in recoveries. Approximately $9.8 billion of that total has been scheduled or has already been returned to the benefit of Floridians.
PRESS RELEASE SOURCE: Florida Office of the Attorney General