Timeshare News

Timeshare Exit Scams News

Lawsuits Against Timeshare Exit Companies To Move Forward

  October 1, 2019

Last week, U.S District Judge Gregory A. Presnell denied two separate requests for dismissal from timeshare exit companies facing lawsuits filed against them by Wyndham Vacation Ownership. The suits allege that Reid Hein & Associates LLC... Read More

ARDA Reports Nine Years Of Consecutive Growth For Timeshare Industry

ARDA Reports Nine Years Of Consecutive Growth For Timeshare Industry

  June 10, 2019

According to the State of the Vacation Timeshare Industry: United States Study 2019 Edition, the timeshare industry has seen growth in the U.S. market for the ninth consecutive year. Read More

Timeshare Exit Scams News

Kiplinger Reports about Timeshare Exit Scams

  September 23, 2019

Timeshare exit scams have become a big business in recent years. There are many common tactics that these fraudulent companies use to convince consumers to sell their timeshares. However, a recent Kiplinger article sheds light on how these companies... Read More

Timeshare Exit Scams News

Timeshare Exit Company Targets Consumers in Northeast Ohio

  September 11, 2019

The Cleveland Better Business Bureau has issued a warning to consumers to be wary of timeshare resale companies promising to find a buyer for their unused timeshares. Cleveland BBB president, Sue McConnell, advised timeshare owners to avoid... Read More

Timeshare Exit Scams News

BBB Continues to Make Alerts About Timeshare Exit Scam Companies

  August 20, 2019

There are a lot of fraudulent industries out there but few have seen the growth achieved by the timeshare exit scam industry. The scope of fraud in the industry is so widespread that the Better Business Bureau performed a study... Read More

Wyndham Destinations Working To Help Consumers Who Lost Money in Timeshare Exit Scheme

Wyndham Destinations Working To Help Consumers Who Lost Money in Timeshare Exit Scheme

  January 23, 2019

This past Friday, attorneys for Wyndham Destinations announced plans to set up an account and email to assist hundreds of consumers to recover lost funds from an alleged timeshare scheme... Read More

What Your Timeshare Attorney Isn't Telling You

What Your Timeshare Attorney Isn't Telling You

  January 22, 2019

When choosing to transition out of vacation ownership, you might be contemplating hiring a timeshare legal expert. But before making a decision, it's important to know that might not be the best solution. Read on to find out what your timeshare attorney won't tell you before you pay the bill. Read More

Qualities of Timeshare Owners

5 SURPRISING QUALITIES OF PRESENT-DAY TIMESHARE OWNERS YOU WILL HAVE TO READ TO BELIEVE

  September 13, 2018

The average timeshare owner is changing and a new "normal" has emerged. The majority of timeshare owners are diverse, educated, and believe in long-term saving. There are timeshare options for people of all ages, families of all sizes and many different locations, but here are the top five qualities of present-day timeshare owner... Read More

Considering a Change in Your Timeshare Ownership

Don't Get Scammed Trying to Sell or Cancel Your Timeshare

  January 4, 2019

Whether you are looking to add or remove a co-owner of a timeshare, transfer to an ex-spouse, or sell to a new buyer, the first question you need to ask yourself is, is your loan paid off? Read More

Avoid Being Ripped off Timeshare Exit Scam

5 WAYS TO AVOID BEING RIPPED OFF BY A TIMESHARE EXIT SCAM

  September 14, 2018

So-called timeshare "exit companies" prey on timeshare owners making false promises to sell the timeshare for an upfront fee. These companies waste people's time and money and create more problems than solutions for timeshare owners. Read More

Justice Dept. Cracks Down on Timeshare Fraud

Justice Department Cracks Down on Timeshare Fraud

  September 24, 2018

Federal prosecutors are prosecuting timeshare fraud to the fullest extent of the law. In 2017 a Williamsburg-area attorney was sentenced to four years in prison and disbarred for participating in a scam making hundreds of thousands of dollars in fraudulent timeshare transactions... Read More

Timeshare Growth

U.S. Timeshare Industry Produces Eight Straight Years of Growth

  August 20, 2018

The timeshare industry is full steam ahead reporting 8 years of sustained growth according to the State of the Vacation Timeshare Industry: United States Study 2018 Edition conducted by EY for the ARDA International Foundation (AIF). Sales volume increased from $9.2 billion... Read More

Consumer Alert: Telemarketing Scams

Consumer Alert: Telemarketing Scams

  January 18, 2019

Unfortunately, scams and fraudulent activity are a part of life. Recently, fraudulent telemarketing targeted at timeshare owners has become more prevalent. Often times, fraudulent companies will contact timeshare owners claiming... Read More

New Timeshare Website

New Website Provides Helpful Information For Consumers Looking To Exit Their Timeshare

  March 19, 2019

As third-party exit scams continue to inflict financial turmoil for timeshare owners, a new website platform is working to provide consumers with the tools they need to safely and securely exit their timeshare. Read More

What to Know Before You eBay Your Timeshare

What to Know Before You eBay Your Timeshare

  February 21, 2019

Often described as the world's largest garage sale, eBay is a popular platform for buying and selling both new and used items. Although it puts the seller at risk in a number of ways, selling timeshares on eBay has become... Read More

Complaints about Timeshare Resale Companies

BBB Receives Complaints about Fraudulent Timeshare Resale Companies Taking Upfront Fees

  August 17, 2018

More and more timeshare owners are being taken advantage of from timeshare resale companies. Either they are paying upfront fees to sell their timeshare or buying timeshares that don't exist. The safest course of action is always... Read More

Timeshare Exit Scammers

TIMESHARE EXIT SCAMMERS DEFRAUD $24,000 FROM INNOCENT TIMESHARE OWNER

  March 4, 2019

Recently, a resident of Madison, WI, Darren Kittleson was scammed out of more than $24,000 by a timeshare exit company offering to buy his week at the Garza Blanca Resort in Puerta Vallarta, Mexico. Read More

Consumer Reports: Owning a Timeshare Pays Off

Consumer Reports: Owning a Timeshare Pays Off

  September 25, 2018

Consumer Reports released their review in 2016 on the value of timeshares by comparing renting a hotel room to owning a comparable timeshare. Their report found that over the years owning is more cost effective than renting. Read More

Timeshare Resale Scam In Florida Causes $3 Million In Losses

New Legal Warning Cites A Surge Of Timeshare Exit Scams In Arizona

  April 23, 2019

A new legal warning out of Arizona surrounding an increase in timeshare exit scams has recently emerged. Mark Brnovich, Arizona's Attorney General, has issued a warning to timeshare consumers looking to sell their timeshare properties... Read More

Timeshare Exit Scams

Timeshare Exit Company Files For Bankruptcy

  April 30, 2019

A top timeshare exit company recently filed for bankruptcy in the U.S. Bankruptcy Court for the Southern District of Florida. The American Resource Management Group, LLC (ARMG), also known as Resort Release, filed for bankruptcy... Read More

Oregon Timeshare Resale Scammers Caught Stealing Identities

Oregon Timeshare Resale Scammers Caught Stealing Identities

  May 7, 2019

Recently, the Oregon Real Estate Agency has brought yet another timeshare resale scam to light.Similar to other timeshare resale scam tactics, these timeshare scammers have been using the names of legitimate Oregon... Read More

Timeshare Resale Scam In Florida Causes $3 Million In Losses

Timeshare Resale Scam In Florida Causes $3 Million In Losses

  April 1, 2019

A man out of Orlando, Florida was recently sentenced to more than five years in prison for his actions alongside his group of co-conspirators for defrauding more than 1,000 innocent timeshare owners. Read More

Florida Judge Rules Against Fraudulent Timeshare Exit Firm

Florida Judge Rules Against Fraudulent Timeshare Exit Firm

  June 17, 2019

A judge for the United States District Court Middle District of Florida Orlando recently ruled against Mitchell Reed Sussman & Associates, a California-based timeshare exit company that deceived its clients... Read More

Timeshare Exit Company American Resource Management Group Declares Bankruptcy

Timeshare Exit Company American Resource Management Group Declares Bankruptcy

  May 15, 2019

This past April, a top timeshare exit company known as American Resource Management Group, LLC (ARMG) filed for bankruptcy in the U.S. Bankruptcy Court for the Southern District of Florida. Read More

BBB Reports Hundreds Of Timeshare Consumers Losing $2.2 Million to Missouri Exit Companies

BBB Reports Hundreds Of Timeshare Consumers Losing $2.2 Million to Missouri Exit Companies

  June 14, 2019

On June 6, 2019 the Missouri Better Business Bureau (BBB) issued a report about the fraudulent activities of timeshare exit companies in and around Springfield, Missouri. Read More

Timeshare Exit Scams

Florida Man Sentenced to 7 Years For a Telemarketing Timeshare Exit Scam

  July 9, 2019

46-year-old Martin Steele of St. Petersburg, Florida has been sentenced to seven years and five months in federal prison for his participation in a telemarketing timeshare exit scam targeting innocent timeshare owners... Read More

Timeshare Exit Scams News

Timeshare Exit Company Victim Speaks Out

  July 30, 2019

Robert Allison characterizes his time spent addressing fraud-related issues with General Motors as a position requiring confrontation on a daily basis. hat he would fall victim to fraud himself seems inconceivable. Read More

Timeshare Exit Scams News

Timeshare Resale Scam Warnings Surrounding Real Estate Company In Nashville

  July 15, 2019

The Better Business Bureau has issued warnings to potential timeshare customers of Your New Tennessee, a real estate company claiming to be based out of Nashville, Tennessee... Read More

Timeshare Exit Scams News

BBB Exposes Portland-Based Timeshare Exit Scam

  July 23, 2019

The Better Business Bureau Northwest + Pacific is warning timeshare consumers of a Portland-based timeshare exit company operating under the name M&T Property Management. This latest exit scam has cost consumers nearly $37,000 in exit fees. Read More

Timeshare Exit Scams News

Resort Company Fights On Behalf of Timeshare Owners In Latest Lawsuit

  August 12, 2019

As the number of third-party timeshare exit company scams steadily increases, numerous companies are fighting on behalf of timeshare owners. Diamond Resorts®, a well-known hospitality and vacation ownership group... Read More

Timeshare Exit Scams News

Arkansas Attorney General Files Suit Against Timeshare Exit Company

  August 6, 2019

On July 30th, the Arkansas Attorney General filed suit against Real Travel, LLC for violations of the state's Deceptive Trade Practices Act. The suit alleges that the business used high pressure sales tactics and deception to prey on consumers convincing them... Read More

Timeshare Exit Scams

Timeshare Exit Telemarketing Scam Sends Florida Man To Prison

  April 17, 2019

Mark Boring, a 47-year-old man from St. Petersburg, Florida, was recently sentenced to several years in federal prison for participating in a telemarketing scam, which scammed timeshare owners out of thousands of dollars. Read More

Timeshare Exit Scams News

Man Sentenced To Prison For His Role In Timeshare Exit Fraud

  August 26, 2019

The U.S Department of Justice recently announced that a Las Vegas man would spend 20 months in federal prison after being convicted of defrauding timeshare owners out of $780,000. Michael Kroger and his co-conspirator, Michelle Paonessa, spent years creating fake... Read More