We allocate funds to The International Trust Law Office in Bali, Indonesia to investigate the legal possibility of filing a writ in court.
We release an updated advert in the Straits Times informing the public that 4.6 million dollars of refunds has been lodged at the Singaporean free sign up center.
Thanks to victims in Singapore flocking to the free sign up center’s to apply for a free refund, two organizations come to light that have taken substantial money from victims in Asia, being Royal Bali & Royal Goan Beach Properties. Our funders authorize funding and sign a contract with an Asian private investigator (Asian Pacific Investigation (www.asia-pi.com) to investigate a high level of claims from Europeans and Singaporeans that were sold by Royal Bali and Royal Goan Beach Properties under suspicious circumstances
We open the first free sign up center for Singaporean, Malaysian and Indonesian victims to apply for refund, on a no win no fee basis. After passing the due diligence of the Singaporean Advertising Standards Authority and SPH legal team, we Nationally Advertise (see Straits Times Archives). Local center advertises in the Straits Times, New Paper and the Lianhe Zaobao. The only service to timeshare owners passing ASA approval in 20 years.
Singaporean direct sales victims are surveyed, via telephone from the UK. An overwhelming demand that refund action is called for. The information gained from victims left us to calculate that at least $250,000,000 possibly as much as $500,000,000 has been fraudulently lost by the direct sales industry in Singapore in recent years.
RCI weeks members should be aware of developments regarding a possible class action lawsuit that is currently undergoing the class certification discovery process. The lawsuit is related to an alleged practice through which RCI takes out a lot of the gold crown, and highly sought after properties to rent out to the general public for profit, or for use as a fringe benefit for RCI employees and special guests. This skimming of available weeks makes it difficult for RCI timeshare resort weeks members to bank weeks for exchange at other resorts, since the availability pool is severely limited by this activity.
The Advertising Standards Authority (ASA) verifies the facts. National newspapers in both America and the United Kingdom allow ads to be placed to inform victims from one particular direct sales industry first, the timeshare industry that legal representation can defend them on a no win no fee basis
ITRA’S LEGAL CLAIMS
ITRA has been pursuing the instigation of claims against various players in the timeshare industry.
Most claims are being pursued against resorts, management companies and marketing companies on a 1 to 1 case basis.