Tuesday, May 8, 2012

Recognizing a Scam



With the ongoing problem the country has with timeshare scams, many states have started working towards informing all timeshare owners as well as everyday consumers of how to recognize a scam. Many times, these con artists will cold-call timeshare owners and try to convince them that they have a buyer waiting to purchase their timeshare. What previous victims did not know was that these companies will make you pay an upfront fee before they will release any kind of information to you. However, once these con artists receive the money transfer or check, they will simply disappear.

Visa and the U.S. Federal Trade Commission have “established a joint effort to warn consumers about timeshare resale fraud”. Companies such as these have started to realize how many people have been affected by timeshare scams. Within the last couple of years, the number of complaints has doubled if not tripled. In Florida, the attorney general states that timeshares have the highest complaint category.

 To those who are truly seeking a way out of their timeshare, Transfer America is a company that has helped thousands of timeshare owners escape from their timeshare contract. Pick up the phone and talk to a representative today. 


No comments:

Post a Comment