UNDERCOVER BOSS FLOP
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Showing posts with label timeshare resale. Show all posts
Showing posts with label timeshare resale. Show all posts
Florida Passes Timeshare Law To Protect Consumers
Timeshare scams have been an ongoing problem and have reached the point that they are the largest consumer complaint made in many regions of the country. To help combat this growing problem, Florida Governor Rick Scott has signed a new timeshare law (the Timeshare Resale Accountability Act) giving consumers better protection against these scams which goes into effective on July 1, 2012.
The problem is that due to the current economic conditions, timeshare owners are finding it extremely difficult to sell their timeshare. Many of them find themselves in a situation where they can't get out of their timeshare even though they no longer want it. This has made them easy prey from scam artists who mislead them into thinking that they have someone who wants to buy their timeshare.
Once the timeshare owner bites, the scam artist then requests thousands of dollars in upfront fees for such things as title or closing costs. Once paid, the supposed buyer never materializes and the scam artists claim that they were merely offering advertising services for the upfront money paid.
While the new law provides a number of new consumer protections, the four main points are as follows:
1. Timeshare resale advertisers can't claim there's someone interested in the owner's timeshare without providing the purchaser's name and address.
2. Timeshare resale advertisers must provide a written contract for agreement of services that must be signed by the timeshare owner before it can collect any fees or engage in any resale advertising activities.
3. Timeshare owners have seven days to cancel any signed contract with a timeshare resale advertiser. If a timeshare owner cancels a contract, the timeshare resale advertiser has 20 to provide a full refund to the timeshare owner.
4. Any timeshare resale advertiser which violates the law's provisions can be hit with a penalty which may not exceed $15,000 per violation under the Unfair and Deceptive Trade Practices Act.
Political notebook: Bondi touts timeshare law reforms
Timeshare Resale Accountability Act, which protects timeshare owners from timeshare resale fraud in Florida.
http://www.naplesnews.com/news/2012/jun/23/political-announcements-collier-lee-counties-fla/
http://www.naplesnews.com/news/2012/jun/23/political-announcements-collier-lee-counties-fla/
More charges here in Florida timeshare fraud case
Four Florida men have been indicted here in an ongoing case involving a $30 million timeshare fraud, the U.S. Attorney's office said Wednesday.
John Robert Eddy, 29; Cloyd James Holmes, Jr., 50; Gino Christopher Marquez, 31; and Donald Meyers, 43 were indicted on a charge of conspiracy to commit wire fraud and mail fraud.
Prosecutors say that the men were telemarketers working for Creative Vacation Solutions and Universal Marketing Solutions, companies that falsely claimed to have interested buyers for timeshares.
More than 22,000 victims in the United States and Canada paid fees of up to several thousand dollars in “closing costs and related expenses” before finding out that it was a scam, prosecutors said.
The company sold no timeshares and spent nothing to try and sell them, prosecutors said.
Ten others have been charged in connection with the case, prosecutors said.
Getting Annoying Sales Calls
Since purchasing your timeshare, have you been swamped with calls offering to sell your timeshare (for an upfront fees). Ever wonder how these companies get your name and number?
When you signed your paperwork, you sign an agreement for the resort to sell your name to affiliate companies. The resort already has your money and that isn't good enough, they want to make money on you again. So they sell your information.
Check your contracts and you will find an "opt-out" clause that you can fill out and stop them. Of course they do have 30 days from your notice to stop doing it.
When you signed your paperwork, you sign an agreement for the resort to sell your name to affiliate companies. The resort already has your money and that isn't good enough, they want to make money on you again. So they sell your information.
Check your contracts and you will find an "opt-out" clause that you can fill out and stop them. Of course they do have 30 days from your notice to stop doing it.
Get Out Now
Most timeshare resorts will refund a member if it means stopping lots of bad publicity and a nasty lawsuit that will make public, their dirty little secrets.
They don't want you to know this, and will make you sign a "gag" agreement not to disclose any settlement. And they will sue you if you break the agreement.
I have helped owners get out of their contracts using the Breach of the Implied Covenant of Good Faith and Fair Dealing clause. I also will list your timeshare for sale for NO Money up front. You pay a 6% commission when it sells and you have the money in your hands. If you wish to just get rid of the timeshare and give it away, I charge nothing. No tricks, no scams. Email me at notimeshare@gmail.com
This is why we are so successful, we research every aspect of the resort, from business dealings to background checks on salespeople. We find the information that will get you, your money back.
They don't want you to know this, and will make you sign a "gag" agreement not to disclose any settlement. And they will sue you if you break the agreement.
I have helped owners get out of their contracts using the Breach of the Implied Covenant of Good Faith and Fair Dealing clause. I also will list your timeshare for sale for NO Money up front. You pay a 6% commission when it sells and you have the money in your hands. If you wish to just get rid of the timeshare and give it away, I charge nothing. No tricks, no scams. Email me at notimeshare@gmail.com
This is why we are so successful, we research every aspect of the resort, from business dealings to background checks on salespeople. We find the information that will get you, your money back.
Timeshare Relief, Inc
Montpelier, VT (July 3, 2010) — Timeshare Relief, Inc., a Torrance, California, company, will offer over $91,000 in consumer refunds and pay $50,000 to the State of Vermont to settle claims that it violated Vermont law in three different ways in arranging for the repurchase of timeshares. Commenting on the settlement, the second of its kind in the past eight months, Vermont Attorney General William H. Sorrell again warned out-of-state companies offering a financial benefit to Vermonters not to violate the State’s consumer laws, or “they will find that doing so is an expensive proposition.”
On eight occasions between 2007 and 2010, representatives of Timeshare Relief came to Burlington to solicit consumers to transfer ownership of their unused timeshares and thus relieve the owners of timeshare maintenance fees, taxes and other costs. The company advertised these meetings with a mailing that invited Vermonters to find out about the “Guaranteed Timeshare Relief Solution.” A number of consumers who met with Timeshare Relief understood the invitation to mean that the company would offer to pay them for their timeshares; in fact, they had to pay several hundred to several thousand dollars to transfer ownership of their timeshares. The Attorney General considered this to be a deceptive trade practice.
In addition, many of the consumers were also given a “Financial Benefits Worksheet” that indicated that they might be eligible for a tax deduction as an offset against their payment to Timeshare Relief, when in fact such a deduction is available only in those rare cases where the primary reason for buying the timeshare was for investment. The Attorney General also claimed this to be a deceptive trade practice.
In addition, through June 2008, Timeshare Relief did not comply with the requirement of Vermont law that whenever goods or services are sold at a transient location like a hotel, the buyer must be given specified notice of his or her right to cancel the transaction.
Under the settlement, Timeshare Relief will:
SOURCE: Office of the Attorney General of Vermont
On eight occasions between 2007 and 2010, representatives of Timeshare Relief came to Burlington to solicit consumers to transfer ownership of their unused timeshares and thus relieve the owners of timeshare maintenance fees, taxes and other costs. The company advertised these meetings with a mailing that invited Vermonters to find out about the “Guaranteed Timeshare Relief Solution.” A number of consumers who met with Timeshare Relief understood the invitation to mean that the company would offer to pay them for their timeshares; in fact, they had to pay several hundred to several thousand dollars to transfer ownership of their timeshares. The Attorney General considered this to be a deceptive trade practice.
In addition, many of the consumers were also given a “Financial Benefits Worksheet” that indicated that they might be eligible for a tax deduction as an offset against their payment to Timeshare Relief, when in fact such a deduction is available only in those rare cases where the primary reason for buying the timeshare was for investment. The Attorney General also claimed this to be a deceptive trade practice.
In addition, through June 2008, Timeshare Relief did not comply with the requirement of Vermont law that whenever goods or services are sold at a transient location like a hotel, the buyer must be given specified notice of his or her right to cancel the transaction.
Under the settlement, Timeshare Relief will:
- Offer those 28 of its customers who did not receive proper notice of their right to cancel an opportunity to cancel the transaction within ten business days and get all of their money back. Letters to this effect will be sent out in the next month, and Timeshare Relief will pay up to $84,000 under this provision.
- Send to another 28 customers a check in the amount of $250 to compensate them for the time and money they spent traveling to attend the company’s presentation.
- Pay the State of Vermont $50,000 in civil penalties and costs.
SOURCE: Office of the Attorney General of Vermont
You Can Get Your Money Back
Most timeshare resorts will refund a member if it means stopping lots of bad publicity and a nasty lawsuit that will make public, their dirty little secrets.
They don't want you to know this, and will make you sign a "gag" agreement not to disclose any settlement. And they will sue you if you break the agreement.
This is why we are so successful, we research every aspect of the resort, from business dealings to background checks on salespeople. We find the information that will get you, your money back.
They don't want you to know this, and will make you sign a "gag" agreement not to disclose any settlement. And they will sue you if you break the agreement.
This is why we are so successful, we research every aspect of the resort, from business dealings to background checks on salespeople. We find the information that will get you, your money back.
Two Red Weeks - $1500
Check out our resale page, an owner is selling 2 weeks for only $1500 at Fairfield Glade in Crossville, TN. Fees for 2011 are paid weeks are #26 and 27 (4th of July).
Do not contact us if you are a resale company, I will only forward your name when I can verify you are an interested party, not trying to get a listing fee from these owners.
Do not contact us if you are a resale company, I will only forward your name when I can verify you are an interested party, not trying to get a listing fee from these owners.
Bluegreen's Big Cedar Points
If anyone wants to get rid of Big Cedar Points, I know someone who will take them. They may buy but with the high maint fees probably wouldn't be able to pay much. But if you want to get out from under the fees, they will take them. They use Big Cedar but do not try and trade or go anywhere else. Let me know and I will put you in contact with them.
Police: Four arrested in second bust in crackdown on illegal timeshare telemarketing
Police arrested (from left) 19-year-old Dominion Crupi and 26-year-old Michael Malgesini on charges of unlicensed telemarketing and scheme to defraud. Suspected employee 27-year-old Julie Spencer was arrested on an out-of-county warrant involving a misdemeanor traffic violation. Steven Svopa, 23, was charged with driving with a suspended license. (Orlando Police Department / February 3, 2011)
The raid happened in an office building on Hiawassee Boulevard in the MetroWest area. Police say the suite targeted was being used as a so-called "boiler room," where telemarketers cold-called timeshare owners from illegally obtained lists, claiming to have a buyer for their vacation property.
"They were given a hard-sell," said Sgt. Amy Ameye, of the city's economic crimes unit. "They were told, 'If you send money… we will get the paperwork going, we will get your timeshare sold for you ASAP.'"
However, investigators say there were never any buyers. Instead, they say the telemarketers were pocketing up-front fees and offering no service in return.
"Once that money is sent, however it's sent, you never hear from these people again," Ameye said.
The raid happened in an office building on Hiawassee Boulevard in the MetroWest area. Police say the suite targeted was being used as a so-called "boiler room," where telemarketers cold-called timeshare owners from illegally obtained lists, claiming to have a buyer for their vacation property.
"They were given a hard-sell," said Sgt. Amy Ameye, of the city's economic crimes unit. "They were told, 'If you send money… we will get the paperwork going, we will get your timeshare sold for you ASAP.'"
However, investigators say there were never any buyers. Instead, they say the telemarketers were pocketing up-front fees and offering no service in return.
"Once that money is sent, however it's sent, you never hear from these people again," Ameye said.
FREE RESALE LISTING
Want to sell your timeshare, I will list it on our upcoming Resale page for free. No Tricks. There is no reason to pay a company upfront to do what I am offering. It will stay on the free page and when someone is interested, they will email me, if I see that it is a legit request and not some resale scam, I will give you their contact information. At that time you and the buyer handle the details, and when you have the money in hand you pay me 6% of the amount you received. Its that simple.
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