July 1, 2016 — Unlike some talking heads on many cable TV news programs boasting to be among the “intellectual elite” — being all-knowing when it comes to (e.g.) political topics that we mere mortals cannot possibly grasp — I would never suggest that I am of the intelligentsia class regarding marketing and sales issues in the Land of Time. Sure, now and then I may come off like some kind of illuminati but I’m actually just an ordinary realist, which leads me to a very serious warning this week about the scammers operating in Mexico whose lawless activities continue to harm our global industry significantly.
So Here’s The Scoop: And no, I’m not talking about sales reps and/or closers in Mexico selling wonderful vacation plans on those magical little round tables for their developers. I’m talking about the bunko artists in telemarketing rooms south of the U.S. border that continue to bilk millions of dollars each month from unsuspecting timeshare owners/members across Canada and the U.S.A.
Rarely does a day pass that InsideTheGate.Com (ITG) doesn’t receive communications from TS owners/members telling us that an attempt is being made to steal from them or, worse, that they have already been fleeced out of, believe it or not, upwards to and over $100,000.00 (USD) by wiring funds to bank accounts in Mexico in order to unload their slices of Paradise.
In fact, just this very morning ITG received a yuuge Muchas Gracias from yet another TS owner who was nearly duped into wiring “$22,500”. But because ITG has been relentless cautioning our audience about this scam, and because this couple heeded the warnings and contacted ITG (first) for advice that $22-K is added to the millions of dollars ITG has already prevented these fraudsters from stealing.
If you’re not familiar with what is happening with this scam in Mexico you can get all the details in our very popular Timeshare blog The GateHouse which, by the way, continues to be ranked by Google as the number 1 organic search results for timeshare blogs in the world.
Sadly, last week I spoke with another lady over the phone who had wired so much money to Mexico that if I included that total amount today (and she e-mailed ITG copies of the wires) nobody reading this would believe the amount even though it is true.
For the record this gal is no pushover either. She is a small business owner and comes off hard as nails. And if I mentioned her ethnicity there would be no shortage of closers who’d rather not ‘sit’ on her and her husband’s table and if they did get the call for assistance, in most sales centers more than a few closers would most likely be on and off the table in a heartbeat.
Yet, the couple not only purchased a timeshare plan, they bought several more large chunks of ‘time’ over the years and now being retired and their good health, vacationing and traveling days well behind them and having no heirs they thought it would be marvelous, when contacted, to unload their ‘shares’ – and do so for fistfuls of more dollars than they originally paid — or so they were promised!
The reason these scammers are so successful is that they are pitching a “value proposition” (VP) whose only actual value is to fill the thieves’ bank accounts, as the scheme is phony, a con-job, a scam, a swindle operated by ‘F*****G A$$holes and I’m guessing here but it has become so ubiquitous in Mexico, that, IMO, the scam has become ‘Organizado’ – if you get my drift.
I say that because everywhere in the world when millions and millions of dollars (or Yen, Pesos, Francs, EUROs or whatever) are involved each month in these types of activities, you can bet your last Shekel that the more structured entities take it all over (or at least get their cut of the action).
Actually, the fraud has become so widespread that various U.S. State & Federal agencies have contacted ITG for any extra info that we may have; and we have received our fair share of threats from some of the evil-doers as well.
And the scam doesn’t seem to be going away as ITG has also been told that there are new phone rooms either now open or in the process of setting up in other locations like the Dominican Republic, Costa Rica and Panama, etc. to further perpetuate this highly lucrative heist.
So, as I did a few years back when this all started I once again highly recommend that all timeshare developers, all exchange companies, all HOA’s, all timeshare associations and all timeshare publications, etc. post warnings on their websites to alert the millions and millions of their/our valued clients.
While doing so also send out an e-blast and/or include the caveat in a news-letter because as this scam continues to grow in leaps and bounds the adverse ramifications to the rest of our industry will increase exponentially – and I’m pretty darn sure, as an industry, we really don’t need additional damage to our reputation that may come from the main-stream media – some of notable ones whom, by the way, have also contacted ITG regarding this particular scam and may soon be reporting their findings, too.
Good Luck Out There
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