After being cold called from so many different firms over the years.. countless times trying to sucker me in for numerous different reasons, I have decided to do the public a service and make my own blog. I will dissect all these companies 1 by 1 in the event to eventually let the world know who are scammers and who are legitimate companies actually here to help us…

Posts tagged ‘Timeshare’

Common identifiers of Timeshare Scams

Unsolicited contact – If a company contacts you claiming to be able to help but you don’t remember ever giving them your contact information, it is probably in your best interest to say thanks, but no thanks.

High-pressure tactics – If a company continues to contact you or pressure you to commit to their services after you have said no or asked for some time to do some research, it is time to move on.

Vague details – Don’t be afraid to ask questions. Whether or not a company contacts you unsolicited, be sure to press them for information regarding the terms of the contract, who the sell timeshare to, how they accomplish this, and how long it takes them on average. If they won’t cough up the info you want, move along, because reputable companies will have no problem giving you any reasonable information you request.

Exaggerated claims – If the company makes claims or promises that seem too good to be true, it is because they probably are. Statements about a “hot” market, pre-qualified buyers, or surprisingly fast sales times should be taken cautiously.

Upfront fees – One of the most common signs you may be dealing with timeshare resale scams is if they want you to pay upfront. Reputable companies do not ask for money up front. If a company wants several hundred, or even thousands, of pounds before they even do work for you, PASS.

Bouncing Back from a Timeshare Resale Scam

In the timeshare resale industry, there are few things that can be more damaging and devastating than timeshare resale scams. These are very real frauds that can cause very real and substantial problems for those who fall victim to their tactics. They are fast becoming one of the most common consumer scams in the country, and despite efforts from the Better Business Bureau and news groups to get the word out about these frauds thousands of people suffer their wrath each year. But what happens if you fall victim to one of these scams? How can you bounce back from them and still successfully get rid of your timeshare?

Despite their commonality, timeshare resale scams are a fairly new problem. As people start to reign in their spending, luxury items like vacations (and this timeshares) are often the first to go. However, getting rid of a timeshare can be a lengthy and complicated process. With so many people trying to sell their properties in order avoid paying costly fees on their property, scammers have stepped up to take advantage.

You may think it is the answer to your prayers – a company that will sell your property for you, and may even have buyers already interested! In a matter of days, maybe even hours, your timeshare can be a distant memory. All you have to do is pay upfront to cover administrative fees and sales costs, and some of it will be refunded once the property sells. Unfortunately, it is all a ruse. The property never sells and your money is gone, leaving you potentially out thousands of pounds and still in possession of your expensive timeshare. Now what?

In many cases, once you are hit with a timeshare resale scam you are at risk of getting scammed again. Recently, people who have were victim to scams have found themselves being contacted by companies offering recovery services to help them get their money back. Again, they just need some money up front. Unfortunately, these are often the same companies that scammed the money out of them in the first place and they find themselves facing the same situation a second time.

Many countries now are helping protect timeshare owners from these scams and those caught face tough prosecution, hefty fines, and restitution. A lot of times these criminals are caught, but the money may be gone and hope of ever getting it back is too. Because of this, the only real way to fight timeshare resale scams is to not fall for the schemes in the first place. Never pay upfront fees for any services and insist you do your own research first. By sticking to your guns and only working with companies you know are reputable you can successfully sell your timeshare quickly without falling victim to and having to deal with the fallout from timeshare resale scams.

Any question contact us: yourtimeshare@hush.com

Avoiding Timeshare Scams

When trying to sell your timeshare it can be a confusing time. There are several options to choose from, but many of them can take a long time and be extremely frustrating. Add to this the fact that timeshare resale scams are some of the most common business frauds as reported by the Better Business Bureau, and getting rid of your timeshare can seem nearly impossible. So what is the best way to avoid timeshare scams and successfully sell your timeshare in a timely and affordable manner.

The easiest and most effective way to avoid these scams is to arm yourself with knowledge and follow these simple steps:

Step 1: Research Your Options

You generally have four options – giving it away, giving it back to your developer, donating to a charity, or selling. Most people choose to sell, since other options are often extremely complicated and difficult. If you choose to sell, you can do this on your own or with the help of a timeshare resale company. Many choose to bring in the professionals, which presents its own list of challenges in the form of timeshare resale scams.

Step 2: Ask the Tough Questions

If you do decide to use a timeshare resale company, be sure to ask the company plenty of questions. How long does it usually take to sell a timeshare? Who do they sell to? What is their sales process? How many other timeshare owners have they helped? What happens if they can’t sell your timeshare? Asking these and other relevant questions will allow you to get a feel for the company and feel out whether or not they are a timeshare scam.

Step 3: Be Assertive

Many of these companies use high pressure tactics to get customers to agree to commit to their services. No matter how much they hassle you, it is important to stand your ground until your are absolutely positive this is the company you want to work with. If they begin to harass you, it is probably time to tell them that you won’t be working with them and move on.

Step 4: Get It In Writing

Whatever they tell you, make sure you get their answers as well as the terms of their agreement in writing before you make any commitment. Read it over and address any concerns you have before you sign anything. This will allow you to cover yourself in the event that they turn out to be a timeshare resale scam.

Step 5: Never Pay Upfront Fees

Charging upfront fees is how these timeshare scams make money. They require their customers to pay them upfront, and these fees can range from a few hundred pounds to several thousand. When they are unable to sell your timeshare they often are able to keep the money through contractual loopholes or by outright stealing the money and disappearing. They will make it seem like these fees are a normal part of the industry, but this is not true. There are timeshare resale companies that do not charge upfront fees and guarantee your satisfaction before you pay them anything. Upfront fees are now illegal in the United Kingdom.

By following these simple steps and relying on trusted resources you can protect yourself from timeshare resale scams and successfully get rid of your timeshare once and for all!

For more info please email us or place a comment on our blog: yourtimeshare@hush.com

ABC Mediation, or Anthony Bains Cohen?

A new mediation company has been brought to our attention over the past few days called ABC Mediation.

ABC Mediation is cold calling, and it seems (for the moment) that they are targeting DWVC members especially. The story they tell is that the directors of DWVC are to appear in the Mercantile Court of Malaga on the 23rd of May and the victims of this company can place a claim.

ABC Mediation is based in London. Their address Suite 1097, Kemp House, 152 – 160 City Road, London, ECIV 2NX, and contact details are Telephone: 0203 627 4664, Fax: 0203 627 4767 and Email: info@a-b-c-mediation.com

That is exactly the same address and phone numbers as the one for Bains Cohen, a dubious lawyers office who also started cold calling recently with the same story.

The website for ABC Mediation http://www.a-b-c-mediation.com was registered on the 3rd of May 2012.

ABC Mediation charges £378 upfront to cover all costs, on the understanding that the full amount will be recovered from the defendants. Since when does a lawyer guarantee he will win the case?

Apart from the £378 ABC Mediation also invoices a 15% of the agreed settlement if the claim is successful.

All this is explained in the documents they send to the consumer after the initial cold call, including the bank details of Anthony Bains Cohen for the transfer of the fee!

Do we need to say more? We have a dubious lawyers office / Mediation Service who changes name and websites in a timeframe of 1 month, cold calls timeshare consumers and talk about a court case nobody knows off, asks for an upfront fee to be paid by bank transfer and ..it just doesn’t sound right!

Have you been called by Bains Cohen or ABC Mediation from London?

Please let us know: yourtimeshare@hush.com

Asociados de Hacienda, Málaga

We don’t use a lot the word fraudulent but in this case we have no problem to put it as clear as it is, Asociados de Hacienda is a fraudulent cold caller!

This company which supposedly is based in Calle Puerto 9 – 12, 29601 Malaga, Spain, cold calls timeshare consumers to notify them of the sale of their timeshare and the fact they need to pay an 8% tax over the sales price.

Explanation is once again the “famous” NIE number, the Tax Registration number which they claim is necessary for this transaction.

Asociados de Hacienda even spent time on elaborating a website where they display logos of the Spanish Tax Office and pretend to be genuine lawyers dealing with real estate sales and tax declarations.

The website http://www.asociadosdehacienda.com was registered on the 29th of March 2012 and lacks all information required for a website.

As contact number they have a Spanish mobile +34 602 155 609

The timeshare owners, who informed us about this scam, did luckily their research and realized that the supposed Tax payment form 214 that was sent to them has not been in use for over 3 years now. Neither did they find it logical that the tax payment was to be done to an individual with a British name; Paul Robert Strickland on a different address; Senorio De Aloha, Avda Manolete, 29660 Nueva, Andalucia, Malaga

Please be extremely cautious when companies like Asociados de Hacienda or any other claiming to be working on behalf of the Spanish Government or Tax Offices, as these companies are not for real!

DO NOT pay ever money by bank transfer, Western Union or Money Gram in names of individuals that supposedly work for Lawyers offices, notaries or other official institutions in Spain.

Have you been called by Asociados de Hacienda from 0034602155609 ? Please let us know!

You can place a comment or write to us at:

yourtimeshare@hush.com

EFTAG, Have you been invited yet?

The European Fair Trade Advisory Group or better known as EFTAG has started a cold call campaign with invitation to their UK meetings this summer.

They are coming over to Bristol Somerset UK on the 8th, 9th and 10th of June and will be holding meetings in a hotel where the consumer supposedly will speak to a Notary about their timeshare and a class action against the different timeshare companies.

So after inviting people over to the Costa del Sol, to their Benalmadena office for 3 days, it is now the turn for those who couldn’t travel and EFTAG will be visiting them.

As a timeshare owner if you are contacted by the European Fair Trade Advisory Group, before you decide whether to accept their invitation or not, you should know the following FACTS:

The European Fair Trade Advisory Group (EFTAG) openly acknowledges having as STRATEGIC PARTNER the European Class Action outfit The International Timeshare Refund Action – ITRA – as it is clearly stated in the homepage of the website of EFTAG’s sister Class Action outfit in Singapore, the Asian Fair Trade Advisory Group – http://www.ftagasia.com/welcome.html

The STRATEGIC PARTNER of the European Fair Trade Advisory Group, the International Timeshare Refund Action – ITRA – had its TV Ad in the UK banned by the UK Advertising Standards Authority in January 2011, as it was MISLEADING BY OMISSION, because “the add did not make clear that it was offering another product in addition to the opportunity to join the legal action” and “attendees were offered an alternative to a timeshare product by Club Class”. ASA did not say it clearly in the adjudication, but the other product offered as the get out strategy was the holiday club membership, Club Class Concierge.

http://www.asa.org.uk/ASA-action/Adjudications/2011/1/International-Timeshare-Refund-Action-(incorporated-in-the-Seychelles)/TF_ADJ_49567.aspx

The timeshare resale firm ETOO, the European Timeshare Owners Organisation, a FOUNDING MEMBER of ITRA, when the latter it was the International Timeshare Resale Association, before it morphed into the International Timeshare Refund Action in late 2009, had its TV Ad in the UK, banned by the UK Advertising Standards Authority in August 2008, as it was MISLEADING.

http://www.asa.org.uk/ASA-action/Adjudications/2008/8/European-Timeshare-Owners-Organisation-(Gibraltar)-Ltd/TF_ADJ_44892.aspx

As a timeshare owner you should seriously consider the above and ask yourself if you are prepared to pay another large sum of money for services offered by a company that cannot give any guarantee of these services being carried out and is connected to other companies that have had their advertisements banned and also took thousands of Pounds of their consumers and failed to deliver the services they offered!

Did you receive the invitation from EFTAG for a meeting in the UK this summer? Please let us know.

You can place a comment on this blog or write to us directly at:
yourtimeshare@hush.com

Universal Travel Market or UTM

A new company has been brought to our attention, Universal Travel Market or UTM as they state on their website.

This website http://www.universaltravelmarket.com was registered on the 5th of March 2012, so “hot from the press” but with a large listing of timeshare memberships for sale.

Surprisingly this listing is mainly DWVC and Club Class membership packages, are they really selling these on?

Universal Travel market cold calls consumers with the usual pitch on how successful they are in selling and they certainly have a buyer waiting already.

No mention though of where they obtained these personal details of the timeshare owner.

The telephone number is 0845 557 7297 and their email info@universaltravelmarket.com

As address they provide on their web: St. Nicholas House , 31-34 High Street , Bristol ,BS1 2AW

Checking out UK Companies House there is no such company as UTM – Universal Travel Market registered.

They have only just started and the consumers that have alerted us didn’t get that far as an upfront fee as they didn’t trust it straight away.

But with the fact that they cold call, guarantee sales for worthless memberships and their website which was created recently does not really provide the information it should do…well extreme caution is in place!

Have you been contacted by UTM – Universal Travel Market from 08455577297 ? Please let us know.

You can place a comment on the blog or send us a direct email to:
yourtimeshare@hush.com

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