A new cold caller for the lists is a company by the name Lake Harvest International, that has started their call campaign recently and seem to pretend to be calling from the Timeshare owners resort!
Lake Harvest International has a website which was registered in October 2012 http://lakeharvestinternational.com/ On this website they actually claims to be founded in 1996, and with main HQ in Hong Kong.
Their address is: Level 8 & 11, Admiralty Centre, Tower II, 18 Harcourt Road, Admiralty Hong Kong; Tel:0044 0845 557 7724; Email: firstname.lastname@example.org .
Lake Harvest International does not provide any details on the web about what kind of company we are dealing with, precise company registration details, i.e. limited company?, etc.; registration number, company director, etc. nothing!
The website also does not meet many legal requirements that any website in Europe should comply with.
Official definition of its business as indicated in the website: “Established since 1996, Lake Harvest International are one of the leading multiservice company’s worldwide specialized in tailor made holidays, matching timeshare owners looking to sell timeshare with customers looking to buy timeshare and investment management.
We offer investment products across all major asset classes to a diverse set of institutional and individual clients. Lake Harvest International is one of the most progressive market leaders internationally.”
However, the information that we have gathered so far tell us about a timeshare resale company cold calling timeshare owners, informing them about an unknown “federation” keen on purchasing their timeshares at unrealistic prices, and requesting upfront “refundable” payments of up to £1,500. Besides the previous, this company is using its website to market online its clients’ timeshares.
Timeshare owners should be aware that the current EU Timeshare Directive FORBIDS the request of upfront payments by resale companies, and the resale contract used by this company leaves the door open for the buyer “suddenly” being unable to honor the resale purchase agreed price.
“Should your offer fail to complete due to any unforeseen circumstances, we at LAKE HARVEST INTERNATIONAL hereby GUARANTEE to procure you the same amount within the same time frame (6/8Weeks) from our Corporate Division.”
Our experience tell us that the second buyer could be a marketer promoting the acquisition of a worthless holiday club membership, and/or promoting to invest large amounts of money, into real estate investments, located in some exotic locations overseas. This real estate package would include the promise of large returns in a couple of years, along with the disposal of their timeshares. Worryingly the website of this resale company points to real estate investments: http://goo.gl/LhCLb
Bottom line, timeshare owners should not under any circumstance accept timeshare resale offers made through cold calls. In 99.9% of the cases they will be dealing with resale scams.
If you have been approached by Lake Harvest International from telephone 08455577724 please let us know by placing a comment on the blog or emailing us to email@example.com