Singapore Consumer watchdog CASE warns against Asian Fair Trade Advisory Group – AFTAG & ITRA

Breaking news from the Asian Timeshare market as the Consumer Organisation CASE has issued an alert against the Asian Fair Trade Advisory Group – AFTAG

CASE explains as follows:

“It has come to our attention that the Asian Fair Trade Advisory Group (AFTAG), theSingapore office of an organization named International Timeshare Refund Action (ITRA), isreferring existing timeshare members (consumers who signed timeshare agreements), to one or more companies to assist in obtaining financial restitution in respect of the Timeshare members’ existing timeshare contracts.

This includes commencing Class Action overseas against timeshare companies which may or may not be located at the place the overseas action is being taken. To date, we have received 6 such feedback from consumers. The Advertising Standards Authority of Singapore (ASAS) has also suspended AFTAG’s advertisement.”

Read the full article on pdf: http://www.case.org.sg/press_release.html

Different Newspapers in Singapore have published related articles as obviously this is important news for the Asian Timeshare Industry:

http://www.case.org.sg/press_release.html  – 16th April news

http://www.straitstimes.com/BreakingNews/Singapore/Story/STIStory_789346.html

http://www.todayonline.com/Singapore/EDC120416-0000110/CASE-issues-alert-on-Asian-Fair-Trade-Advisory-Group

This news is important also for the European Timeshare market as obviously on this end of the world we are dealing with the same companies or with the so called  “sister” companies. Warnings have also been published not only by us but also the ECC’S in different European Countries.

We from this end cannot be more satisfied with the fact that this alert has gone out, as we have been observing for a while now how ITRA and EFTAG (AFTAG)  were making their way into the Asian market and it was only a matter of time before consumers would realize that things weren’t exactly as pictured at the meetings!

By reading the alert we can see that their “Modus Operandi” is exactly the same in Asia as in Europe and timeshare owners have started to complaint after realizing they paid a lot of money for a contract that isn’t fulfilled and in certain cases not even possible.

How many more victims’ do we need worldwide before serious action will be taken against these dubious set ups?

We from Mindtimeshare offer all our help and support to all the consumers who need this, both in Europe and Asia, and we invite you all to write to our customer care email address in case you have questions. (customercare@mindtimeshare.com)

For those who haven’t been reading all our articles published on both ITRA and EFTAG please refer to the following links for a resume: https://mindtimeshare.me/?s=EFTAG & https://mindtimeshare.me/?s=ITRA+%26+CLUB+CLASS

About mindtimeshare

Mindtimeshare SLU is registered Company reg number: B35957182 Mindtimeshare provides assistance to timeshare owners who have been defrauded by holiday clubs and bogus resale companies. The Mindtimeshare project was launched in February 2011. After dealing with timeshare members over several years who had been defrauded by numerous bogus companies and for large amounts of money, I considered launching an Organisation to help timeshare owners that have been targeted by bogus companies. On this blog you can find information about the different active scam companies and their “modus operandi” and also place comments, ask questions and see comments from other consumers who have the same doubts or have been through the same experience. Mindtimeshare has resulted in a huge success and has received the back up from not only timeshare consumers but also from the professionals in the timeshare Industry. Mindtimeshare helps timeshare owners who have been scammed by bogus Discount Holiday Clubs; bogus cash back companies; fraudulent timeshare resale companies; bogus class action companies and false lawyers and notaries. We offer professional answers and advice to Timeshare users. If you want to send an email instead of posting a comment on the blog please do so by emailing: customercare@mindtimeshare.com
This entry was posted in Club Class Group of Companies, Singapore, Warnings and tagged , , , , , , , , . Bookmark the permalink.

1 Response to Singapore Consumer watchdog CASE warns against Asian Fair Trade Advisory Group – AFTAG & ITRA

  1. jenn says:

    We were contacted by spms ltd in norwich. told us they had a buyer and conned us out of money. We were lucky to get 65% back but only by constantly phoning and contacting the police. I would advise people not to use this company and not to give up hope getting back your money

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