Dozens of telemarketing employees were arrested for
conspiracy to commit wire fraud and mail fraud. These telemarketers were
working for Creative Vacation Solutions and Universal Marketing Solutions.
Apparently, they were involved in defrauding more than 22,000 timeshare owners
into giving them $30 million for a service that did not exist.
The representatives convinced timeshare owners by phone that
they had a buyer who was willing to purchase the timeshare from them. All the
owners had to do was pay an upfront fee and they would release the information
to them. However, after receiving the money, the timeshare owners never heard
from the representatives again.
Palm Beach County has several different timeshare scams
within the last couple of months and is continuing to fight against these scam
artists. Transfer America hopes that all timeshare owners are aware of the
different schemes out there.
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