Tuesday, December 13, 2011

Timeshare Fraud Reported by Transfer America

An article on The Palm Beach Post reported about a timeshare company that scammed hundreds of timeshare owners. Joel Intravaia, a 29 year old man, was sentenced this past Friday to five years in prison. During his trial he pleaded guilty to one count of conspiracy to commit mail fraud and wire fraud. This trial took place in the southern district of Illinois.

However, he was not the only one who has committed crimes against timeshare owners. He joined more than half a dozen coworkers and managers who also worked at Universal Marketing Solutions and Creative Vacation Solutions. The firm had scammed more than 22,000 victims and received almost $30 million from timeshare owners.

These men and women had allegedly told timeshare owners that they had a buyer who was interested in purchasing their timeshare. However, before any information was given the timeshare owners would have to pay closing cost fees.

Transfer America hopes timeshare owners are now more aware of how to spot scam artists and what to do if they encounter one. On the other hand, if you truly wish to rid yourself of your timeshare make sure to contact Transfer America. We provide a written guarantee that we will help you out of your timeshare once and for all.

1 comment:

  1. Timeshares are a purchase and are not a financial or real estate investment. Learn how people are trick into thinking that timeshares are a growing asset. Timeshare is a good investment only if your purpose is to have a place to spend your vacations and not as a financial investment to have a profit.
    http://www.timesharescam.com/blog/58-is-timeshare-a-good-investment/

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