Investigation Reveals £28m Timeshare Scam Targeting Elderly Owners

BBC Scotland's investigation uncovered one of the largest timeshare frauds in the UK, involving a £28 million conspiracy by Sell My Timeshare (SMT) that defrauded over 3,500 elderly owners. Most victims were between 60 and 80 years old, many losing more than £10,000, with one losing over £80,000. Th... [More info]

Timeshare Fraud Scheme Defrauds Thousands of Elderly Victims

A major timeshare fraud scheme, operating under the Sell My Timeshare brand, defrauded over 3,500 victims, mostly elderly, of £28.1 million. Led by Mark Rowe and his wife Nicola, both 54 from Hampshire, the scam targeted vulnerable individuals, many in their 70s and 80s, desperate to sell their holi... [More info]

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U.S. couple finally home after month in Mexican prison over timeshare dispute

Paul and Christy Akeo of Michigan were taken into custody shortly after their plane landed in Cancun on March 4 for allegedly defrauding Palace Elite Resorts.

Global News
@[email protected] Ok, but who's gonna wear No. 97? #timeshare

#timeshare s are unconscionable, they should be outlawed altogether.

https://wapo.st/3CTR1g7

Guest column | Timeshares can trap you. My family couldn’t escape until my dad died.

Looking into a timeshare? Want to get out of one? Here’s what you need to know.

Washington Post

Was hier an #Timeshare durch geht ist schon irgendwie krass.

Um mich herum 4 Tische an denen gerade Vertragsunterlagen ausgefüllt werden.

😳

Time share scamming has now turned into a new scam called vacation club. Same racket, new name.

https://www.nytimes.com/2024/10/31/realestate/unlimited-vacation-club-hyatt-contracts-deception.html

#TimeShare #Vacation #VacationClub #News

Customers Say a Vacation Club Managed by Hyatt Tricked Them Into Signing Pricey Contracts

Consumers claim they were duped by a vacation club managed by Hyatt. Some are locked into 40-year, $50,000 contracts that they say offer few rewards.

The New York Times

@ai6yr

"
Cabins – billed as “villas” — start at $99,999, plus a monthly fee, for the operational life of the vessel, at least 15 years.
"

Whoa... a 3 year cruise BUT you will still be paying "a fee" for another 12 years (aka operational life of ship)...

What's up with that!!

#Timeshare of all timeshares...

🤯

'Like an addiction': Thousands of Americans fall prey to Mexican cartel timeshare scam

The U.S. Treasury Department estimates the New Generation Jalisco Cartel is bringing in hundreds of million a year linked to timeshare fraud.

USA TODAY