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Marti
08-03-2013, 10:16 PM
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/four-wisconsin-residents-face-federal-charges-in-time-share-fraud-case-b9953128z1-215337541.html

JLB
08-04-2013, 08:06 AM
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
08-04-2013, 10:27 AM
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
08-04-2013, 10:50 AM
He just wants to annoy everyone since he can't dump the timeshare dogs he owns.

JLB
08-04-2013, 02:20 PM
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.

VirgRios
01-24-2014, 03:19 PM
People have been warned for over thirty years on lots of TV programs and in the press about the pitfalls of timeshare,or its posher name, fractional ownership, and yet they are still buying them, the majority of (Removed your shill link)timeshares are managed by crooks, it's a pity because on the face of it its a good idea, it's when you read the small print that the problems show up, don't touch it with a bargepole, there, you have been warned again

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