Newsletter May 2013

Dear All,

In this month’s Newsletter we want to ask the following question; why do Timeshare Scams continue to happen?

On a daily basis we receive numerous inquiries from Timeshare owners and users that have been approached by dubious companies. Luckily a lot of these consumers have found our blog on time or already know us from before and are very careful with cold calling companies.

But still is there another group of innocent Timeshare Owners that have fallen into a trap set up by these companies and ended up paying thousands and thousands of pounds.

Why is this? Why does this keep on happening? And very important; what should be done about this?

We from Mindtimeshare are actively posting warnings on our blog, we research companies that are mentioned to us by consumers and we try to be on top of all the new ones that appear each day.

But this is clearly not enough!

There is still a large group of Timeshare Consumers that seems to be unaware of all this happening.

So when a company knocks on their door or rings through on the phone and starts manipulating them with sweet talk about resales or scary issues like perpetuity clauses, these Timeshare owners are all ears!

Of course it is true that the agents on the phone or the supposed “legal adviser” at the meeting about the compensation claim are “professionally” trained people and know how to manipulate psychologically their potential victims.

But would they have the same effect on the potential victim if he would have been pre-warned by his Resort, Club or others related to his timeshare?

For us it is extremely frustrating to see that people sign up and pay around £6000 for a disposal service with ITRA for example when they actually could have disposed of the Timeshare free of charge with their resort directly! How many times have they told us they were informed about the perpetuity clause and they entered into a state of panic and signed?

All we can do is continue to inform the Timeshare users through the blog, the web, Twitter and Facebook. But obviously we cannot reach everybody! So we need the Resorts, the Clubs or even the Exchange Companies to help, to make their members aware of what is out there.

Timeshare is great, but yes there are unscrupulous people trying to make money out of the fact you don’t know certain facts. But the main part of this fraud could be avoided! Lack of information seems to be the main factor for Timeshare owners to fall victim of a scam.

Campaigns against Fraud in and around Timeshare should be so much bigger. Timeshare companies should create awareness among their members. No need to scare people, but keeping them informed is a way to prevent scams and actually provide a service more to the members.

Send a warning to the members when a scam appears that seems to be targeting the same resort owners.

Include a copy of the cold caller list when sending members the Newsletter.

Small things that can make such a big change!

And for all Timeshare Owners & Users, we would also like to stress that whoever calls you, whatever they tell you and how credible it might sound….GET INFORMATION, SPEAK TO YOUR RESORT / CLUB!

Don’t feel ashamed to speak to your resort about resale, relinquishment or any other issue related to your membership. They are there to help you and to inform you!

And last but certainly not least: Do NOT pay any money to any company before checking everything is in order and their services or products will be delivered and you are protected.

We sincerely hope we can make this work between all of us!

Mindtimeshare

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
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6 Responses to Newsletter May 2013

  1. Vic says:

    Level 9Resolutions S.L. in the name of Tony Martin has been in touch vis-a-vis a timeshare being
    processed by a company , Leisure Around the World . He asked for 14oo+ euros to be sent by
    Bank Transfer to release a potential £13,000. Twist……or do I hear a resounding STICK ?

  2. suzette says:

    Please dont pay anyone a penny they are all con artist robbing people , I also was contacted by Blue Chip saying they would sell by club class timeshare ,I paid them a £1000 which I am never going to get back now plus all the money lost to Club Class and they are telling me that they are taking me to court for arrears on my annual fee , let them do it I have nothing left now

  3. Steve says:

    So how do I sell my timeshare?

  4. Jackie says:

    Can you help.   I have been contacted three times by a person called Liz Warren, who works for level 9 resolutions.  She tells me that she is acting as a trust adivisor to a company/bank, that hold funds relating to the sale of my timeshare which was originally being sold by Blue Chip sl. She has given me the name of a bank (Banco Popular) Avenida Antonio Machado, 32 29630 Malaga. An IBan No, ES 60 0075 3077 1106 0128 2194, and a swift Code POPUESMM.  She is asking me to pay a sum of £920, which is for the transfer of all my documents into the new purchaser’s name. And once this is done I will receive my money that has apparently been gained from Blue Chip insolvency.   Can you advise me, I have an e-mail address for her which is level9resolution@live.com.

    Jackie

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