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.
WELCOME TO INTERNATIONAL TIMESHARE REFUND ACTION LIMITED
In the beginning ITRA was formed as the International Timeshare Resale Association Limited to head a self-regulatory body for the timeshare resale industry.
With the demise of the property market, the timeshare resale market also suffered to an even greater degree.
The story starts a few months back when I had received several calls from telemarketers that claimed that their company is having some kind of celebration and wanted to invite me to listen to their 45 minutes presentation in return I will get $800 branded bags voucher or $50 Takashimaya shopping voucher.