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Timeshare Fraud

The State of Wisconsin Files an Action Against Grand Vacation Club, Inc., William H. Bailey, Christy Spensberger and Travel Services, Inc.

Feb 2nd, 2012 | By Admin | Category: ALL NEWS HEADLINES, Legal Issues, News by Location, Timeshare Fraud, Timeshare Resales/Rentals, Travel/Vacation Clubs, USA & Canada

MADISON, WS (February 2, 2012) — The State of Wisconsin, on behalf of the Wisconsin Department of Justice and the Wisconsin Department of Agriculture, Trade and Consumer Protection, has filed a complex forfeiture action against Grand Vacation Club, Inc., [...]



Florida Legislation to Rein in Deceptive Timeshare Resale Practices

Feb 1st, 2012 | By Admin | Category: ALL NEWS HEADLINES, Associations and Events, Timeshare Fraud, Timeshare Resales/Rentals, USA & Canada

Timeshare Industry Applauds Actions, Hopeful that Legislation Will Lead to Better Consumer Protections
ORLANDO, FL (February 1, 2012) — Today, the American Resort Development Association (ARDA) and the American Resort Development Association Resort Owners’ Coalition (ARDA-ROC) announced its support of the Timeshare Resale Accountability Act, sponsored by Florida State Senator Andy Gardiner and Florida State Representative [...]



FBI Warns About Timeshare Resale Scams

Jan 27th, 2012 | By Admin | Category: ALL NEWS HEADLINES, Legal Issues, Timeshare Fraud

ARLINGTON, VA (January 27, 2012) — Timeshare owners across the country are being scammed out of millions of dollars by unscrupulous companies that promise to sell or rent the unsuspecting victims’ timeshares. In the typical scam, timeshare owners receive unexpected or uninvited telephone calls or e-mails from criminals posing as sales representatives for a timeshare [...]



Investigation by Florida Attorney General’s Office Leads to 15-Year Federal Prison Sentence for Woman who Committed Timeshare Resale Fraud

Jan 16th, 2012 | By Admin | Category: ALL NEWS HEADLINES, Timeshare Fraud, Timeshare Resales/Rentals, USA & Canada

TALLAHASSEE, FL (January 16, 2012) ––Attorney General Pam Bondi announced that Jennifer Kirk was sentenced January 9 to 188 months in federal prison for conspiracy to commit fraud and wire fraud. Kirk, now a resident of Illinois, was operating a timeshare resale scam that stole $30 million from more than 22,000 victims across the country. [...]



Is there a ‘Mole’ Inside RCI?

Oct 21st, 2011 | By Admin | Category: Scoop du Jour, Timeshare Fraud

-by Scoop

October 21, 2011 — By a “mole” I mean an employee possibly working for the Exchange giant who may have access to confidential information about RCI members and who may be passing that information along (or selling it) to one or more third parties (companies or individuals) who then use the private info to defraud RCI members.

According to one family of RCI members that is what may have [...]



Thirteen Charged In Telemarketing Scheme To Defraud Timeshare Unit Owners

Oct 11th, 2011 | By Admin | Category: ALL NEWS HEADLINES, Legal Issues, Timeshare Fraud, Timeshare Resales/Rentals

MIAMI, FL (October 11, 2011) — Wifredo A. Ferrer, United States Attorney for the Southern District of Florida, John V. Gilles, Special Agent in Charge, Federal Bureau of Investigation (FBI), Miami Field Office, Frank Adderley, Chief, Fort Lauderdale Police Department, announced Oct. 6 the filing of an information charging defendants Scott Faraguna, 41, Charles Blomquist, [...]



US Financial Trust of America Claims Phony Tucson Address, Misleads Consumers trying to sell their Timeshares

Oct 7th, 2011 | By Admin | Category: ALL NEWS HEADLINES, Legal Issues, Timeshare Fraud, Timeshare Resales/Rentals, USA & Canada

TUCSON, AZ (October 7, 2011) — Better Business Bureau of Southern Arizona is warning timeshare owners not to do business with U.S. Financial Trust of America- a company claiming a fictitious Tucson address- which is scamming timeshare owners across the country.
BBB has received three complaints alleging that US Financial Trust contacted them via telephone, claiming [...]



Attorney General Bondi Unveils Legislative Initiative to Protect Consumers from Timeshare Resale Fraud

Oct 6th, 2011 | By Admin | Category: ALL NEWS HEADLINES, Legal Issues, Timeshare Fraud, Timeshare Resales/Rentals

TALLAHASSEE, FL (October 6, 2011) ––Attorney General Pam Bondi on Oct. 4 joined Senate Majority Leader Andy Gardiner (R-Orlando) and Representative Eric Eisnaugle (R-Orlando) to unveil a legislative initiative that will [...]



Wyndham Vacation Ownership Commends Florida Attorney General’s Crackdown on Timeshare Resale Scams

Oct 5th, 2011 | By Admin | Category: ALL NEWS HEADLINES, Timeshare Fraud, Timeshare Resales/Rentals, USA & Canada

ORLANDO, Fla. (October 5, 2011) –– Wyndham Vacation Ownership (WVO), the world’s largest vacation ownership company and a member of the Wyndham Worldwide family of companies (NYSE:WYN), commends Florida’s Attorney General Pam Bondi for aggressively pursuing action against timeshare resale companies that employ deceptive and fraudulent practices that prey on consumers.
“Attorney General Bondi has put [...]



Timeshare Owners: Beware of “City Resorts”

Sep 15th, 2011 | By Admin | Category: ALL NEWS HEADLINES, Timeshare Fraud, Timeshare Resales/Rentals, USA & Canada

Las Vegas, NV (September 15, 2011) –– The Better Business Bureau is warning timeshare owners who are trying to sell or rent their timeshares to beware of Las Vegas based company, City Resorts.
City Resorts has been the subject of 23 complaints from around the country since March 2011 and holds an F rating with [...]