Timeshare Fraud Case

[Marti Super Moderator Find all posts View Profile Close Marti]

2013

Four Wisconsin residents face accusations that they scammed thousands of consumers nationwide out of $2 million in fees to sell their timeshares.

According to a criminal complaint released (this week), the four ran four different timeshare resale companies over a three-year period between April 2007 and April 2010: National Timeshare Resales, Integrated Advertising Solutions, Administrative Timeshare Resales Inc. and Midwest Timeshares. The companies would promise to sell people's timeshares for a fee that was refundable if the properties didn't sell. But they did nothing to sell the properties and refused to refund the fees when the properties didn't sell, according to the complaint.

They were arrested and charged with fraud.

Read the full article @

http://www.jsonline.com/watchdog/pi/...215337541.html

[JLB Please excuse me, I'm a Dick. Not a moron just a Dick Find all posts View Profile Close JLB]

No!!!!

Fraud?????

Once again, blaming resellers rather than the industry that created the need for them.

It does not cure the disease.

EXIT STRATEGY

[Rent_Share Junior Member Find all posts View Profile Close Rent_Share]

No!!!!

Fraud?????

Once again, blaming resellers rather than the industry that created the need for them.

It does not cure the disease.

EXIT STRATEGY

Ignoring the fact that the "reseller" never had any intent to "sell", what remedy would you impose on the industry that created the "problem" ?

[tonyg Goomba & Super Moderator Find all posts View Profile Close tonyg]

He just wants to annoy everyone since he can't dump the timeshare dogs he owns.

[JLB Please excuse me, I'm a Dick. Not a moron just a Dick Find all posts View Profile Close JLB]

That and to remind everyone that if the industry provided for their owners, other than taking money from them, resellers would not have such vulnerable targets.

There is something inherently wrong with a situation where an industry is selling something for thousands of dollars that those who they have previously sold the same thing for thousands of dollars can't even give them away. The shame in that is not just that that is reality, but that some don't choose to acknowledge it.

Should all the blame be placed on the reseller, and continue to allow The Industry a free pass?

Some "Truth in Selling" comes to mind as a remedy.

EXIT STRATEGY

Yesterday's treasures, today's junk. Today's treasures, tomorrow's junk.