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Virginia USA Timeshare News: July 22, 2017

It's Happy Hour at The GateHouse >> EASTERN USA TIMESHARE NEWS:

NEWPORT NEWS: Deborah Wagner, a former attorney who lost her license to practice law in the State of Virginia due to her part in a timeshare transfer scam, was finally sentenced for her crimes on July 20.

Having pleaded guilty in September 2016 to her role in a conspiracy to fraudulently transfer of hundreds of timeshare units, she was sentenced to 50 months in prison. (That’s 4 years and 2 months, boopsie!)

According to court documents, Wagner conspired with Brendan Hawkins and Keith Kosco, among others, in a wide-ranging scheme to engage in the fraudulent transfer of timeshare units into the names of stolen identities and straw owners. Over the several years that the scheme operated, Wagner and her conspirators caused over $2 million in losses to resorts and owner associations while earning hundreds of thousands from individuals who sought a legitimate means to divest their timeshare ownership, but were persuaded to pay hundreds or thousands of dollars to transfer companies. Those transfer companies, with Wagner’s involvement, then transferred the timeshare units to unqualified straw owners with no ability or intention to make the required maintenance fee payments.

Wagner worked with two Williamsburg based businesses – GoodBye Timeshare, LLC, and Exotic Equity Transfers, LLC, in conducting the transfers. Hawkins and Kosco, the owners of those businesses, were prosecuted separately and received sentences of 46 months and 74 months in prison, respectively, in 2015. These other businesses paid Wagner’s law firm hundreds of thousands of dollars in fees for conducting the fraudulent transfers. Additionally, Wagner created a nominee company for the purpose of recruiting additional straw owners to use in the scheme.

Rumors insist that Kosco is due for a premature release sometime later this year because of overcrowding and the non-violent nature of his crime. I don’t know of anyone other than his family and former cohorts (possibly) who think that’s anything approaching justice, but that’s just my opinion. Wouldn’t it be ironic if the grand poobah of the whole nasty scheme got out of prison before Wagner even started serving hers?

Wagner, btw, is the kind of attorney who gives her chosen profession a bad name. (That’s a joke, son…) 😉



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3 comments

  1. Anonymous

    Nice to know that you know her personally to be able to describe what kind of a person she is. Where do you get your info. Rumors? It’s all wrong buddy!!




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    1. Anonymous

      And using comments like “boopsie” is very unprofessional. You’re right. It’s a joke son. 🤐




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      1. gatekeeper

        Rumors? It’s all in the court documents, boopsie. The information comes directly from the charges to which she pled guilty, the crimes to which she confessed – you know, “…a conspiracy to fraudulently transfer of hundreds of timeshare units… That tells me what kind of person she is. There’s no rumor about it, and it got her disbarred. She’s guilty, son, and that’s no joke.




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