NEWARK, NJ (March 21, 2012) –– Attorney General Jeffrey S. Chiesa and the State Division of Consumer Affairs have filed suit against a vacation travel club and its owner for allegedly defrauding consumers by failing to provide the complimentary cruises and airfares used to induce attendance at sales presentations for vacation travel membership packages (“memberships”) [...]

SACRAMENTO, CA (March 20 2012) — The California Department of Real Estate (DRE) has issued a Consumer Alert about the growing number of scams being perpetrated against timeshare owners in connection with timeshare resales. DRE’s mission is to protect the public interests in real estate matters.
“Given the economic strain many families are facing, timeshare ownership [...]

Nationwide Vacation Prize Scheme Targeted Spanish-Speaking Consumers
WASHINGTON, DC (February 29, 2012) — The operators behind a vacation prize scheme are banned from selling vacation packages under settlements with the Federal Trade Commission and Florida Attorney General Pam Bondi’s Office, which charged the defendants with tricking consumers into believing they had won a vacation package as [...]

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., [...]

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 [...]

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 [...]

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. [...]

-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 [...]

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, [...]

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 [...]