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Mexico Timeshare FRAUD: December 13, 2014

It's Happy Hour at The GateHouse >> INTERNATIONAL TIMESHARE NEWS

►►► CLICK ON THIS LINK TO SEE ALL OF THE POSTS IN THIS BLOG ABOUT MEXICO’S TIMESHARE RESALE/ESCROW/BANK WIRE SCAMS!

CLICK ON THIS LINK TO SEE IN DETAIL HOW THE TELEMARKETING BOILER ROOMS IN THE PUERTO VALLARTA AREA OPERATE PLUS THE REAL NAMES OF SOME OF THE SCAMMERS!

CLICK ON THIS LINK TO LEARN HOW TO RECOGNIZE IF YOU’VE BEEN TARGETED IN A RECOVERY/REFUND SCAM ◄◄◄


EVERYWHERE: Here are the names of the scam resale and recovery companies/agencies I’ll be exposing this week, some of which have been mentioned in previous posts.

  • Elite Capital Management, purportedly in Nashville, TN
  • Evans and Associates Holding, LLC, purportedly in Scottsdale, AZ
  • Elite Star Connections Group, purportedly in Chicago, IL
  • CM Global Group, purportedly in Minneapolis
  • Xcel Advisors, purportedly in St. Louis, MO

Note that just for starters none of the above companies legally exist within the states where they claim addresses. They are all fake companies. More information follows below the squiggle.

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Elite Capital Management: The state of Tennessee has no record of a company named Elite Capital Management. It does not exist as a legally registered business entity in Tennessee. The domain name for its website was only registered in Sept. of this year; it is brand spanking new and expires in one year. Though the website may look impressive to the uninitiated, it is actually boilerplate right out of the box (so to speak). The address given for the company resolves to a UPS facility in Nashville; they might have a mailbox there, but they do not have an office in the building.

Evans and Associates Holding, LLC: The state of Arizona has no record of a company named Evans and Associates Holding, LLC. It does not exist as a legally registered business entity in Arizona. The domain name for its website was only registered in Nov. of this year; it is brand spanking new and expires in one year. Though the website may look impressive to the uninitiated, it is actually boilerplate right out of the box (so to speak). The address given for the company appears to be a parking garage.

Elite Star Connections Group: The state of Illinois has no record of a company named Elite Star Connections Group. It does not exist as a legally registered business entity in Illinois. The domain name for its website was registered in August of this year; it is brand spanking new and expires in August 2015. Though the website may look impressive to the uninitiated, it is actually boilerplate right out of the box (so to speak). The address given for the company resolves to a building dedicated to jewelers and gemstone merchants; the specific suite number of 1816 belongs to ICG Brand Services.

CM Global Group: The state of Minnesota has no record of a company named CM Global Group. It does not exist as a legally registered business entity in Minnesota. The domain name for its website was registered in August of this year; it is brand spanking new and expires in August 2015. Though the website may look impressive to the uninitiated, it is actually boilerplate right out of the box (so to speak). The address given for the company does not appear to exist.

Xcel Advisors: The state of Missouri has no record of a company named Xcel Advisors. It does not exist as a legally registered business entity in Missouri. The domain name for its website was registered in May of this year; it is brand spanking new and expires in May 2015. Though the website may look impressive to the uninitiated, it is actually boilerplate right out of the box (so to speak). The address given for the company resolves to a Regus location, which supplies Virtual Office and Virtual Office Solutions; in this case it would probably be a mailbox if it has any presence there at all.

Are you seeing a pattern there? It’s standard operating procedure among the scammers operating out of Mexico.

What you need to do if you are a victim of a scam is contact the authorities:

  • Your local police; There’s little they can do, but it does provide an official record
  • your state attorney general’s office; Make sure to mention it is an international, multi-state scam so they can coordinate with other attorneys general
  • the FBI via IC3 (a partnership between the FBI and the National White Collar Crime Center. The IC3 not only collects complaints but also analyzes them, links similar complaints, and discerns patterns in order to help law enforcement identify the scammers);
  • the US  Marshals Service;
  • Interpol – United States Central Bureau; Interpol’s databases help law enforcement see the big picture of international crime. While other agencies have their own extensive crime databases, the information rarely extends beyond one nation’s borders. Interpol can track criminals and crime trends around the world. They maintain collections of fingerprints and face photos, lists of wanted persons, DNA samples and travel documents. Their lost and stolen travel document database alone contains more than 12 million records. They also analyze all these data and release information on crime trends to the member countries.
  • the Department of Justice – Office of International Affairs; and anyone else you can think of.

It isn’t likely to help you get any of your funds back, but eventually it might help obtain some sort of justice in shutting them down/getting some of them arrested. Keep in mind that many of the scammers are US Citizens, Canadians and Brits; they can all be prosecuted (including Mexicans) if enough evidence is collected by authorities and if they can then be located and arrested.

Again: CLICK ON THIS LINK TO SEE ALL OF THE POSTS IN THIS BLOG ABOUT MEXICO’S TIMESHARE RESALE/ESCROW/BANK WIRE SCAMS! If any of them resemble a scenario that applies to you, EVEN THOUGH IT IS NOT EXACTLY THE SAME, assume it’s a scam and walk away.

And if you still think that maybe your case is different and might be for reals, send me the details BEFORE you wire any funds to Mexico (or anywhere else) and I’ll check it out for you. Email [email protected]



“If you haven’t got anything nice to say about anybody, come sit next to me.” –Alice Roosevelt Longworth

Do you have tips or rumors you’d like to share (ANONYMOUSLY)? Something you’d like us to investigate or follow up on? CONTACT: [email protected]

Permanent link to this article: http://www.insidethegate.com/gatehouse/2014/12/mexico-timeshare-fraud-december-13-2014/

20 comments

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  1. HJ

    D A REALTY LLC keep calling me, even send the their license number in state of Illinois, their website shows they are located in Oak Brook, but license is registered in Red Grove. Of course they are offering more money for our el Cid timeshare. Also they claim that the company that will buy our timeshare is International Vacation Investments with offices in Panama and Spain. Do you know anything about this company?




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    1. gatekeeper

      Because D A Realty is a scam company it stands to reason that pretty much anything they tell you is a lie. Keep in mind that since lots of El Cid inventory is easily available on the resale market for pennies on the dollar there is no incentive for any person or company to pay more than retail for yours. And if they are willing to pay retail (or more) why not buy in bulk directly from the developer, who would be willing to discount his inventory significantly by eliminating marketing/sales costs?

      A quick look at International Vacation Investments shows me a few suspicious things. 1) The domain name/website address was registered in October 2014 and expires in Oct. 2015. 2) The website itself is boilerplate, brand new and provides almost no information of any value about the company. 3) They imply they are affiliated with “Exclusive Resorts, Members Only Resorts, V.I.P. Resorts that only we can provide such as: The Grand Luxxe, Temptation Resorts & Spa, Desire Resort & Spa, Sea Adventure Water Park, Omni Resorts, Lifestyles Vacation Club, just to name a few.” Give any of those companies a call and ask them if they really are affiliated with International Vacation Investments. 4) It’s very convenient for D A Realty to be using such a company that is difficult to track down; TOO convenient, I’d say.

      Even if D A Realty’s corporate identity is legitimate and not one that they hijacked, that doesn’t mean they are doing legitimate business. Keith Kosco has/had several legitimate companies registered in the USA but all of them were set up to scam people. Read about it here and keep that in mind!




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  2. CCC

    D A REALTY LLC stopped calling me and Nick Magley from The Vacation Centre called me today and told me that by law we have to pay upfront fee. He seems pretty knowledgeble with what he is doing and saying. But their website doesn’t list their principle’s name so I am skeptical




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    1. gatekeeper

      In what country does he claim such a law exists? Is he citing Mexican law or US law? Either way it’s bull-pucky. He seems pretty knowledgeable about it because he made it up himself. It’s a scam. Ask him for the statute number so you can look it up yourself.

      Did he cold call you? If they can’t get you one way they’ll keep trying something else. Make it easy on yourself and simply don’t deal with anyone who cold calls you.




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  3. CCC

    How about this company :
    http://thebestvacationcenter.com/index.shtml

    They use this company for closing
    https://www.chicagotitlenw.com/




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    1. gatekeeper

      The Vacation Center, Inc. is requiring an upfront fee of $998 from you for ‘advertising’ your timeshare; the company has only been incorporated since Feb. 2014; the domain name for their website was also registered in Feb. 2014 and expires in Feb. 2015. None of that is reassuring. The general rule of thumb is to avoid paying upfront fees, especially one that big. And I don’t like their contract, either; IMO it is not in your favor.

      Where did you hear of this company?




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  4. CCC

    OK… then my question is this.. Are there any companies that we can trust to sell timeshare safely and which companies are they? How can we distinguish whether they are scam or trustworthy companies for sure?




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    1. gatekeeper

      I cannot provide recommendations for specific companies because I work for this publication. IMO your best bet for information and advice is to visit the Timeshare Users Group forums. TUG is for timeshare owners by timeshare owners and collectively they know more about resales than anyone else on the planet. You may not always like their advice, but they are honest and knowledgeable. http://tugbbs.com/forums/

      Also, timeshare owners looking for a legitimate, licensed timeshare resale broker can refer to the Licensed Timeshare Resale Brokers Association as a good place to start.

      If you want to play Private Investigator on your own (it can be fun!), you can find ways to do that in InsideTheGate’s section on resale scams, specifically How to Spot a Scam (scroll down to where it says “Guidelines”)

      And of course you can always ask me for help.




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  5. Anonymous

    CCC I also got the call from the D A REALTY LLC and i did some research and found that so far they are legit but they offering me more then what I owe to El Cid and making in Skeptical. I got the same offer of 8% commission and no upfront fees.
    I hope i don’t get anything from the Elite Capital Management. They are threatening me to go to court for their commission as I didn’t send the money to Mexico.




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    1. gatekeeper

      CCC & Anonymous, D A Realty LLC is NOT a legitimate company; they are scamming you. The fact in this case that there is a real company with that name is meaningless; other indications point to the possibility that the name has been misappropriated to fool you.

      The domain name for their website was only registered Nov. 26, 2014 and expires in Nov. this year; the address they list on their website is a UPS dropbox; there is nothing on the bare bones of their website to make it look reliable or trustworthy.

      The biggest red flag is that they are offering more than you paid or owe for your timeshare. The reality is that just about every timeshare ever sold since the beginning of time can be purchased on the resale market for pennies on the dollar, and in the case of Mexican timeshares such as El Cid you can often find them practically given away — for the price of one maintenance fee, for example. Those resale deals are all over the Internet, easy to find. That being the unfortunate truth, there is no incentive for anyone to pay you top dollar for the same thing they can get so cheaply elsewhere.

      They are liars; the no upfront fee thing is a ruse; once they have you hooked they’ll come at you with various fees and taxes you must pay before you get your money and ALL of those fees/taxes are fraudulent.

      Don’t waste your time and energy with these scammers or any others by any other names. They are all the same people using a variety of names to suck you in. A skunk by any other name is still a skunk. ;|




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      1. Avid Reader

        “A skunk by any other name is still a skunk.”
        The gatekeeper is right, and you can put shit on pancakes, but that doesn’t make it syrup!




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  6. CCC

    I also got a call from D A REALTY LLC and I have El Cid membership as well. They offered me a bit higher price than I purchased and 8% commission I have to pay afterwards with no upfront fee. Their phone # I have is 630 487 5824 in my caller ID from them. They said that the closing company is called “Referral Network Resources LLC” so I researched this company but their website doesn’t exist. I thought I could trust this company at first as they didn’t ask me any upfront fee but now I am skeptical as the closing company doesn’t exist. I will keep researching.




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  7. Anonymous

    I got a Call from Robert Davis from Elite Capital Management who threatened me to go to the court unless i send he services fees of US$2190 to Mexico to some Quintazarc Marketing SA DE CV. They tell me first that i don’t have to pay any upfront payment but then i do have to pay service charge to transfer the ownership to his company. As my Resort is asking for this money. I also got the call from Evans and Associates Holdings




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    1. gatekeeper

      Tell Robert Davis to kiss your backside; in fact tell all of them where they can stick it ;). It’s never a bad idea to call your resort about these things, btw; in this case, for instance, your resort will not know anything about it and is not asking for the money.




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      1. Anonymous

        After Declining to send the money to Company in Mexico they are threatening to take me to the court and sending me the collection letter stating that i owe them their %% commission as i have not fulfill the my side of the contract to send the money.




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        1. gatekeeper

          They are not going to take you to court. Why? Because they are a scam company. You owe them nothing. They are NOT legit!




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  8. Jim

    We have also been contacted by DA Realty LLC. Same story as LivingLA. We would never pay any amount upfront to sell property or a timeshare, but we would be interested in unloading our El Cid, so I will keep checking this page to see if this company is legit. (not holding my breath, though.)




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  9. LivingLA

    I just got a call from a DA Realty LLC from Illinois as well. They are also offering double what I paid which is what made me very suspicious. I haven’t responded to anything and they haven’t told me about the 5K fee upfront which would make me even more suspicious. Has anyone ever resold their timeshare successfully? My timeshare is from El Cid and I have 13 years left in my contract with El Cid.




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  10. T Dog

    Check D A Realty llc in IL for fraud timeshare buying and selling , they offer double what we paid and are using evans and assocaties holding for the escrow co.They want $5,000 up front to be reimbursted after close of escrow.




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    1. gatekeeper

      The state of Arizona has no record of a company named Evans and Associates Holding, LLC. It does not exist as a legally registered business entity in Arizona. The domain name for its website was only registered in Nov. of this year; it is brand spanking new and expires in one year. Though the website may look impressive to the uninitiated, it is actually boilerplate right out of the box (so to speak). The address given for the company appears to be a parking garage. http://insidethegate.com/gatehouse/2014/12/mexico-timeshare-fraud-december-13-2014/

      It stands to reason that if one of the companies involved is clearly a scam, the other can’t be trusted either. The fact that they’re offering double what you paid is the first red flag, and that $5,000 upfront is just the opening salvo. They’ll ask for more if you send off that first installment.

      It seems likely that D A Realty LLC’s identity has been stolen. Its domain name/website address for the company you’re dealing with was only registered on Nov. 26 this year and expires Nov. 26, 2015. Their address resolves to Oak Brook Executive Plaza; if I were you I would find a phone number for that building and check to see if D A Realty really has an office there. Try this number (630) 571-0468.

      The real D A Realty LLC is located in River Grove, IL, not Oak Brook. Phone: (708) 452-0489. Call that number and ask if they are involved with Evans and Associates, timeshare resales, etc. And let us know what you find out!

      Anything Evans and Associates is involved with is a scam.




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