We agree with the BBB – the biggest red flag in dealing with third party companies who want to sell or help exit your timeshare is paying up front fees. We believe you shouldn’t pay anything until your timeshare is sold.
Diamond Resorts®, a global leader in the hospitality, vacation ownership and entertainment industries, announces its lawsuit against Pandora Marketing (d/b/a Timeshare Compliance) and Intermarketing Media (d/b/a Resort Advisory Group) will proceed. A U.S. District Court Judge in California ruled that Diamond’s claims against Timeshare Compliance and Resort Advisory Group for allegations of false advertising, tortious interference with contractual obligations and civil conspiracy will move forward. Diamond’s complaint alleges that Timeshare Compliance and Resort Advisory Group falsely advertise services to help timeshare owners out of their contracts.
If you’re contemplating buying a timeshare for a vacation when the pandemic fully recedes or selling a timeshare that’s become a financial burden, beware, the state Department of Consumer Protection and Attorney General William Tong warned on Monday. Their concern: transfer or resale scams, following a recent spate of complaints about timeshare resellers actively conducting business in the state.
The FBI Criminal Investigative Division and the Office of Investor Education and Advocacy of the Securities and Exchange Commission (“SEC”) would like to warn consumers of a recent increase in fraudulent schemes targeting owners of timeshare properties in Mexico. These scams typically involve individuals alleging to be representatives of a brokerage firm, travel agency, title company, or escrow agent making unsolicited contact with owners of timeshare properties.