A dubious resale company by the name of Bonobo Invest has been brought to our attention.
Bonobo Invest contacts Timeshare owners and offers to sell their membership.
This company is registered in Santa Cruz de Tenerife in the Canary Islands.
The timeshare owner is offered a substantial price for their membership, over 20.000 Euros.
After signing the sales agreement, the sale does not really go through.
First, the consumer is asked to pay Due Diligence expenses of around 1000€ and another amount of 750€ for the transfer certificate.
After paying these fees, the timeshare owner is told he will receive the money in due course and he is presented with a copy of the transfer order. The money will be sent by courier and it will take around 2 to 3 days for the transfer to enter the account
But again the money does not arrive. This time because another outstanding fee needs to be paid first. The timeshare owner has to pay a Plus Valia fee on the sale of 2500€
After this second payment, the communication stops.
The person calling from Bonobo Invest, Mr. R F Cassim is no longer reachable by phone and he does not reply to his emails.
Registered letters to the address of Bonobo Invest are returned with the indication “Wrong address”.
Contact details for Bonobo Invest are:
Telephones: Spain +34 984 040485, France +33(0) 977 216 419 and UK +44 238 097 0635
Please note that it is ILLEGAL to request fees upfront for a timeshare resale.
Timeshare owners should never trust a company that calls out of the blue and offers a resale, pretending they have clients waiting to buy.
If Bonobo Invest or Mr. Cassim contacted you as well about a resale of your timeshare membership, please let us know!