A new consumer alert goes out for a company based in Singapore this time.
This company called Landmark Portfolio Investments Pte Ltd, claims to be affiliated to the Organization RDO – www.rdo.org – having certificates at their office that prove this link, and they even go as far as telling clients there is some of the RDO staff based in that country making sure that RDO Code of Ethics is properly implemented in the business practices of this company, when offering to purchase timeshare ownerships.
However, Landmark Portfolio Investments Pte Ltd is NOT affiliated to RDO in any way, and RDO has NOT deployed any staff in Singapore. In fact RDO ONLY represents the interests of the timeshare industry in Europe. Basically RDO has no business in Asia at all. (You can check RDO Membership list at: www.rdo.org/Members/Members-List.htm)
Landmark Portfolio Investments seems to have 2 addresses; 10 Anson Rd #18-24 Singapore 079903 and International Plaza, #18-24. Tel: 6225 1649 Fax: 6225 1214.
Sadly this is not the first time we hear about bogus schemes targeting timeshare owners in Singapore – Asia, pretending to be members of RDO.
RDO has published a warning on their web http://www.rdo.org/Consumers/Consumer-Alerts.htm?NewsID=533
In case you have been contacted by this company and had any dealings with them, then please report Landmark Portfolio Investments Pte Ltd to the Consumers Association of Singapore (CASE) – www.case.org.sg/index.html . CASE has expertise in dealing with bogus firms tarnishing the image of the timeshare industry.