jeramah
现已禁止
加入时间: 2004/05/16
文章: 2187
经验值: 53360
|
|
|
作者：jeramah 在 驴鸣镇 发贴, 来自 http://www.hjclub.org
ABC News ABC News
/ Money
Video•Blogs•Mobile•Newsletters•ABC•ESPN
Hot Topics:
* Chicago Quake
* •
* 'Deadliest Catch' Capt. Phil
* •
* 'American Idol'
* Home
* Video
* News
* Politics
* Blotter
* Health
* Entertainment
* Money
* Tech
* Travel
* Good Morning America
* 20/20
* This Week
* Nightline
* World News
* More Money:
* PIGS' Debt, Your Problem
* No New Clothes for One Year
* Unemployment Rate
* Stocks
* Business Traveler
* Small Business News
Diaz: Time Share Scams
Beware the ‘Heat Merchants’
Vacation time shares sales are a booming business. More than 3 million Americans own a piece of a time share vacation resort, and many of them are very satisfied with their purchase. Fortunately, this is no longer the industry that was once infamous for salespeople who operated with the instincts of a Great White Shark. <Subsection> But while your chances of being fleeced have greatly decreased, insiders say there are still enough unethical salespeople — known as "heat... Full Story
Print
E-mail
Share this story with friends
Facebook
Twitter
Reddit
StumbleUpon
More
« Return to "Diaz: Time Share Scams"
Contribute | Do you have more information about this topic? If so, please click here to contact the editors of ABC News.
4 Comments | Add Yours
View: First to Last
I am an owner at vacation Villas Fantasy World in Kissimmee Florida. The time share company I bought time share does not exist any more. It sold the company to another company and so on.Now I and the rest of the owners find they need $1500. for each week in addition to the maintenance fee of $600 per week.If I don't pay, they will send me to the collection agency. Why do I have to pay? Because when the original owner sold the company they had mismanaged and therefore there are millions of dollar of repair work needed.Initially the scammed me in to believing that it is the best deal. Now I find it is cheaper to rent that to have bought and I can not resell my timeshare.
Posted by:
Whyinterested Jan-10
Mark As Violation
Admin Link: 6
O n 10/30/84 we purchased a timeshare at White Sands/Waikiki, Honolulu, Hawaii. Annual assessments were $210.00. Since Celebrity Resorts, 4700 Millenia Blvd. , took control annual assessments are now $775.00 for 2009, which we paid on 12/30/08. On 2/13/09 we received a statement demanding an additional $695.00 as a special assessment. When I spoke with Ms. Bozison and explained that according to our original documents, we are under no obligation to pay this, she threatened collection proceedings. I do not understand how it is legal for this company to extort additional assessments anytime they choose. What is to stop them from demanding further funds at any point? Our contract terminates on 12/31/09 and this appears to be an attempt to extort money from senior citizens with threats and scare tactics.
Posted by:
mailliw43 2/15/09
Mark As Violation
Admin Link: 4
On December 17, 2007 we signed a contract with Boutique Resort La Jolla, Mazatalan for 27,500 fractional ownership points. We had an addendum to the contract which made the purchase of the fractional ownership points, contingent upon the sale of our previously owned timeshare in Virginia Beach, VA. The merchant had to sell our VA beach timeshare in six months,or no later than June 17, 2008.We signed a waiver for the 5-day cooling off period, which we found out later was illegal by Mexican law. The merchant required us to make an earnest money down payment of 50% of the purchase price, with a new application for a Bank of America credit card.The merchant's bank, Santander Serfin, processed the credit card purchase. Bank of America purchased 24.9% of Grupo Santander Serfin in March, 2003. Making the merchant's bank and Bank of America partners. The merchant sent me an email on December 27, 2007 stating, "that the state law in Virginia Beach complicates things for us a little." I knew then that we were scammed. I notified Bank of America, and they said that I had to make the 1% interest payments on the credit card pending the expiration of the contract on June 17, 2008.However, on March 31, 2008 I received a letter from Bank of America, crediting my payments and the entire credit card purchase. One June 10, 2008, I received another letter from Bank of America stating that they had received a letter from the merchant, and they were re-issuing the charges. The merchant failed to sell the VA timeshare, and we canceled the contract as per our option, that was written and signed by the merchant. We submitted the contract cancelation both by US certified mail and email to Boutique Resort La Jolla on June, 17, 2008. Bank of America refused to credit my credit card, and Boutique Resort La Jolla refused to honor the contract. Boutique Resort La Jolla sent us an email on July 21,2008 admitting,"first of all, you are obviously right, in not being delivered what was promised."So, even with a signed confession, Bank of Americacontinued to refused to credit my credit card for the earnest money deposit.Bank of America states that Boutique Resort La Jolla will no longer respond to their inquiries. My Bank of America credit card is a Mastercard. I visited the MasterCard wordlwide network website, and found that Bank of America has arbitration chargeback and other options at their disposal to seek a refund from their partner bank Santander Serfin. Boutique Resort La Jolla requested to be paid the remaining balance due on the fractional ownership points in the July 21, 2008 email. We had to hire an attorney to reinforce our contract cancellation with the merchant. We had to pay the Bank of America credit card charges, or risk being reported to the credit bureaus. We thought that having a written contract would protect our rights. I have submitted PROFECO complaints both directly to the PROFECO office in Mexico City, as well as through the US embassy in Mexico. I have reported Bank of America to the Office of the Comptroller of the Currency, Better Business Bureau of Maryland and Delaware. I have written my Congressman, the Better Business Bureau of Delaware, the Attorney General Offices of Maryland and Delaware. I have been doing my research on the issue of timeshare scams in Mexico, and have found that tens of millions of America dollars are being exploited each year. I plan to exhaust every option at my disposal to obtain a refund of my earnest money down payment. So, just a reminder, to all vacationers, it's not just the timeshare salesmen to be wary of, also be wary of the banks that are in league with them. I believe that Bank of America is equally as guilty of timeshare fraud as is Boutique Resort La Jolla, Mazatlan, Mexico.
Posted by:
PJTSytms97 10/7/08
Mark As Violation
Admin Link: 2
I was taken by these scammers and now I don't know how to get out of the purchase of this time share in Cabo San Lucas, Mexico. The Resort Regina (Weston) is the property I am trying to get rid of. Can you offer any assistance in this matter. [email protected]
Posted by:
feamia 4/19/08
Mark As Violation
Admin Link: 1
View: First to Last
Comments that include profanity, personal attacks, or antisocial behavior such as "spamming," "trolling," or any other inappropriate material will be removed from the site. We will take steps to block users who violate any of our terms of use. You are fully responsible for the content you post.
ABCNews.com
External links are provided for reference purposes. ABC News is not responsible for the content of external Internet sites. Copyright © 2010 ABC News Internet Ventures.
Quotes delayed 15 minutes for NASDAQ. 20 minutes for NYSE and AMEX. Market Data provided by Interactive Data. Terms & Conditions.
Powered and implemented by Interactive Data Managed Solutions
Back to top
Sections
* News
* Politics
* Blotter
* Health
* Entertainment
* Money
* Technology
* Travel
* Recipes
* Behind the Scenes
Shows
* Good Morning America
* World News with Diane Sawyer
* Nightline
* This Week
* 20/20
* Primetime
* What Would You Do?
* ABC News Now
* ABC.com
Tools
* Register
* Sign In
* Feedback
* Blogs
* Wireless
* Emails & News Alerts
* Message Boards
* RSS Headlines
* Podcasts
* Twitter
* Site Map
About
* Contact Us
* Advertising
* Terms of Use
* Privacy Policy
* ABC News Store
作者：jeramah 在 驴鸣镇 发贴, 来自 http://www.hjclub.org |
|
|
Timeshare Scum
