We just got a notice that my timeshare resort in Reno, Nevada, is going out of business at the end of the year, too broke to continue. They want me to sign a deed-back where I just give up my timeshare, for no money. I have enjoyed vacationing at the Plaza Resort Club for a long time. Should I just sign over the deed or get a lawyer?
Category: Timeshare Scam
A roundup of our favorite recent tax fraud cases.
Greensboro, N.C.: Former IRS revenue officer Henti Lucian Baird, 60, pleaded guilty to one count of tax evasion and one count of corruptly endeavoring to impede the due administration of the internal revenue laws.
They are all coming out of the woodwork this week! Further to reporting on the resale company Pana Travel yesterday, we have also been notified of another scam that is being operated out of the UK. This company is playing off the back of the recent claims that have been awarded in Spanish Courts to ITRA in regard to contracts purchased in perpetuity and with floating weeks. We have reported on several consumer wins over the past few months in relation to these cases.
SILVER SPRING, MD – “I won a trip, so I asked a girlfriend to go with me,” Sheridan Hill said.
Hill has a passion for travel. In December 2014, she even flew to Florida to sit through a timeshare pitch just to get a free trip. “I kept telling myself you’re not going to buy anything, don’t buy anything, don’t buy anything! But, you kinda get sucked in,” she said. Sheridan thought she’d have a place to getaway and make a little money, too. One year later, she was thrilled when the Resort Property Management company or RPM, called to assure her they had clients to rent her timeshare. “And, they said that they would rent it out at $2100 a week,” she said. Anchor and consumer correspondent Lesli Foster said, “The thing that roped you in was the promise of money.”
Call ITRA Sindapore right away if you were told these lies while purchasing a timeshare contract
The timeshare industry has two faces: on the one hand, has guaranteed vacations in beautiful and luxury suites at amazing places and promise to be less expensive over time to travel through a travel agent. On the other hand, unfortunately is also rife of deception, misrepresented promises and scams by unscrupulous sellers who are not interested in nothing but their welfare despite leaving an innocent purchaser with unnecessary debt.
WyndhamWorldwide has issued its second quarter 2016 earnings report, so as usual I’m posting some highlights from their Vacation Ownership segment below for your edification.