Ask RedWeek / June, 2013

How do I avoid timeshare scams?

Why are there so many timeshare scams & how can I avoid them?

Timeshare scams seem to be in the news every day. Fortunately, they are easy to avoid if you know what to expect.

If you are renting or buying:

Most timeshare scams target owners but, as with any marketplace where money is changing hands, renters and buyers may be at risk. Fortunately, we have seen very few fraudulent postings -- probably because we charge membership and posting fees. If you are renting or buying a timeshare, you can protect yourself very easily:

  1. Use a credible escrow service for holding the money. We highly recommend our members use First American Title (we do not collect any fees or commissions for doing so) for both renting and buying. It is the only real way to be sure your money will be returned if the week isn't what was promised.
  2. Get all important details of your purchase in a contract. If the owner promises you a guaranteed view or amenity that is important to you, it needs to be in the contract. Even with escrow, a dispute is not valid unless it is specifically detailed in the contract. Verbal promises, and even the ad itself are not sufficient.

If you are a timeshare owner:

The timeshare resale market can be difficult for sellers, and unfortunately, this makes you more susceptible to scams -- from companies claiming that they're able to take the timeshare that's become a burden off your hands. The Feds are cracking down on these scams, but they are still out there.

These scammers often borrow the name of an established brand to convince you of their legitimacy. They claim to have a buyer for your timeshare, or to be able to easily find one. They ask for money either to cover closing costs or advertising. Many actually go so far as to send you a check (which will later bounce), and ask you to mail the overage elsewhere.

To protect yourself:

  1. Never agree to send any money to anyone without doing your research.
  2. To research, do the following things:
    • Conduct a Google search on the company name, plus the word "scam" -- often you will find others discussing their experience with the company long before an official complaint is filed.
    • Search the RedWeek.com forums - there are many discussions of companies to avoid.
    • Search for the company's name with the Better Business Bureau, and your attorney general's office.
    • If the company looks legit, call or e-mail the company directly -- do NOT use the number they gave you during the solicitation. This is the only way to ensure you are actually doing business with the company you vetted.
  3. Never send funds to anyone who sends you a check for more than your purchase price.
  4. Report any cases of fraud to RedWeek, as well as your state's attorney general to help protect other owners.

If you're in doubt, send the details to RedWeek's customer service staff -- we'll be happy to help.

This month's answer comes from Kylie Kallio, Director of Community at RedWeek.com

Comments (44)

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    Nov 17, 2020

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    Apr 10, 2021

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    Apr 15, 2021

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    Avatar for Yaw T.
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    Apr 16, 2021

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    Claire A.
    May 05, 2021

    It is usually said, a rolling stone gathers no moss. In many cases, companies which profit from luring unsuspecting traders to try out their products with the promise of vast amounts of money fail to deliver on these promises. Instead, what they end up producing are disappointments and angry customers who feel cheated. Most times, they post long promotional videos where they make endless promises of how they will help you become rich and how you will not have to spend any more time than you need in the process. Binary options industry is heavily abused and many scammers get away with a lot due to tax regulations and bad due diligence of victims like me. I got scammed so many ways online.I know you will call me stupid, but the truth is that, I’ve being scammed so many times and you will never know until it’s your turn. There are lots of fake review websites that support and endorse these scams, so for a person with no experience in trading it is very difficult to find the right path. Only Caltech Recovery (caltechrecovery at gmail (.)com)was able to help me on my scam case and they also assists in fraudulent and criminal actions and against unregulated Binary and Bitcoin investment companies and managers.

    Avatar for Goodness D.
    Goodness D.
    May 05, 2021

    Lost a lot of funds to a broker i was referred to by a friend i was close with online. Contacted the recovery company lucre recoup after seeing many great reviews about them and they didn't disappoint, got my money back and also made me realise that the man was also part of the scheme. We have to be extra careful. Goto lucrerecoup.com if you need assistance

    Avatar for Brad U.
    Brad U.
    May 07, 2021

    I was with my wife in the same room and a call came into her phone but she refused the call, that she would call the person back not until I broke into her phone with the help of russiancyberhackers@gmail.com To know the person calling her and I found out it was a man, With that same number that called my wife russiancyberhackers@gmail.com ran a test on the number and we found out the person has been in contact with my wife for 4 years and am just getting to know. Never feel hackers are not important, they are very important most especially in cases like this..

    Avatar for Haily B.
    Haily B.
    May 07, 2021

    HAVE YOU LOST YOUR MONEY TO BINARY OPTION SCAM OR ANY ONLINE SCAM WHATSOEVER?.DO YOUR DESIRE CREDIT REPAIR[EQUIFAX, EXPERIAN, TRANSUNION? WELL, YOU HAVE FOUND REDEMPTION IN ASORE CORP. asorehackcorp@gmail.com

    Asore Corp is a group of multinational Hacker's, an affiliate of Evil Corp. We make sure by all means necessary that our clients get the best of services on a🔐PAYMENT AFTER JOB IS DONE BASIS✅. Rather than send money and trust a criminal to fulfill your deal, you can make sure the job is done before WORKMANSHIP is paid for. You'll get excellent customer service. That's a 100% guarantee. Our Cyber security Technicians are on standby 24/7 to receive your job requests.

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    DISCLAIMER: Asore Cyber Corp accepts no responsibility for any information,previously given to anybody by clients on as regarding the job. Asore Cyber Corp will not distribute contact information collected on any hacking job other than in the Asore corps Hacker's listings themselves, and will not sell contact information to third parties.

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    Copyright ©️ Asore Cyber Corp 2021. All rights reserved.

    Avatar for Scott K.
    Scott K.
    May 09, 2021

    CRYPTO ACCOUNT TAKEOVER (ATO) attacks are on the rise and are costing individuals, businesses, and organizations significant financial and damage that are often difficult to recover quickly. Cybercriminals use stolen credentials such as usernames and passwords obtained by malware and social engineering to gain sensitive information, and they’re using that same data to access websites and bankings/Bitcoin accounts wallet to transfer money, execute fraudulent transactions and bring people down to a Zero point financially.

    Dhacker is a multinational equipped Hackers come together as a team to track down & to recover whatever that has being stolen from you from the most difficult internet SCAMMERS. NOTE!! We've received countless heartbreaking reports of notorious cyber scammers and we’ve successful recover them back.

    contact us on 1⃣Binary Recovery. 2⃣Files Recovery 3⃣School Graded & Exam Questions 4⃣Password Bypass / Recovery 5⃣Malware Removal 6⃣Blank ATM Card 7⃣Social Media Hack 8⃣Remote Mobile Monitoring & Hacking 9⃣ DOCs & Reports Removal 🔟 Private Key Reset

    Relate whatever it is to City Center Of Binary Option Service & allow us give you positive result you’ve always wanted with our hacking skills. Email 📩binaryoptionservice01@gmail.com pointekhack@gmail.com cyberhackertap@gmail.com we Guarantee you up to %85 REMEMBER YOUR HAPPINESS IS OUR PRIDE

    Avatar for Owen L.
    Owen L.
    May 11, 2021

    Have been out of the country for 2 years and I keep getting calls from neighbours that they see my wife with a particular guy on a regular but I don’t believe anything people tell me without seeing it and again I trust and love my wife 100% so I got to forget about it few days the whole thing came to my head again that made me search for a hacker who could help me remotely. behold I found a hacker named jeajamhacker I found this hacker attractive by his services because I read a lot of testimonies about his services so I emailed jeajamhacker@gmail.com to do this job for Me, less than an hour I got full informations of my wife iPhone 12 pro, starting from her WhatsApp messages, call logs, text messages, Instagram, Facebook messenger, icq and so on I read all that she has on her phone and I found out that my wife has a sugar boy she sleeps with and also pays him huge amount of money. Am disappointed in this woman, I trusted her with my life loved and care about her I gave her everything she ever wanted only for me to see that she is cheating on me. thanks to you jeajamhacker@gmail.com this has really thought me never to trust a woman never❌❌

    Avatar for Grace E.
    Grace E.
    May 13, 2021

    How I recouped stolen crypto currency coins and tokens from scam hackers on telegram: People all over the world are hearing about the fast profits early investors are making on Bitcoin and other coins and want to join the party and make a fast profit. But be sure, where big money is, there are also companies that are abusing and taking advantage of this situation. Such was my situation, I had a fake telegram group admin contact me and gave me a phishing link in which my 12 recovery phrase was compromised. These evil persons gained access to my cryptowallet and stole all my coins and tokens worth over $ 230,000. I was in great despair due to this situation, I was confused till a group member on the telegram referred me to REMOTESPYTECH @ GMAIL . COM . This recovery agent is really God sent. After relating all of my predicaments, details of incidence and necessary requirements for my recovery program, it took them less than a week to track and recover all of my tokens and coins back, they helped me hack the perpetrators wallet and all of my coins were returned to me. I am so amazed, joyous and appreciative. I don't know what I would do without this specialist. They specialize in chargeback disputes and their team knows how to identify these types of scams. If you invested in Crypto and believe you have been scammed contact their experts today and they will help you recover your losses. Contact: REMOTESPYTECH @ gmail . com TEXT/ CALL :+1 435 287 4596

    Avatar for Collin B.
    Collin B.
    May 14, 2021

    Fraudulent binary options go to great lengths to advertise their

    platforms mostly on social networking sites, trading websites, message

    boards, and even spam e-mails.. They make promises of easy money, low

    risk, and superior customer service.

    Potential investors are also

    cold-called from boiler room operations, where high-pressure salespeople

    use banks of phones to make as many calls as possible to offer

    “once-in-a-lifetime” opportunities. Many binary option outlets have been

    exposed as fraudulent and cash has been recovered from them through How to get your money back!

    To recover your money or bitcoin from Binary option scammer i suggest you contact a recovery company like FASTFUNDSRECOVERY@PROTONMAIL.COM OR fastfundsrecovery.wordpress.com

    Avatar for Collin B.
    Collin B.
    May 14, 2021

    Fraudulent binary options go to great lengths to advertise their

    platforms mostly on social networking sites, trading websites, message

    boards, and even spam e-mails.. They make promises of easy money, low

    risk, and superior customer service.

    Potential investors are also

    cold-called from boiler room operations, where high-pressure salespeople

    use banks of phones to make as many calls as possible to offer

    “once-in-a-lifetime” opportunities. Many binary option outlets have been

    exposed as fraudulent and cash has been recovered from them through How to get your money back!

    To recover your money or bitcoin from Binary option scammer i suggest you contact a recovery company like FASTFUNDSRECOVERY@PROTONMAIL.COM OR fastfundsrecovery.wordpress.com

    Fraudulent binary options go to great lengths to advertise their

    platforms mostly on social networking sites, trading websites, message

    boards, and even spam e-mails.. They make promises of easy money, low

    risk, and superior customer service.

    Potential investors are also

    cold-called from boiler room operations, where high-pressure salespeople

    use banks of phones to make as many calls as possible to offer

    “once-in-a-lifetime” opportunities. Many binary option outlets have been

    exposed as fraudulent and cash has been recovered from them through How to get your money back!

    To recover your money or bitcoin from Binary option scammer i suggest you contact a recovery company like FASTFUNDSRECOVERY@PROTONMAIL.COM OR fastfundsrecovery.wordpress.com

    Fraudulent binary options go to great lengths to advertise their

    platforms mostly on social networking sites, trading websites, message

    boards, and even spam e-mails.. They make promises of easy money, low

    risk, and superior customer service.

    Potential investors are also

    cold-called from boiler room operations, where high-pressure salespeople

    use banks of phones to make as many calls as possible to offer

    “once-in-a-lifetime” opportunities. Many binary option outlets have been

    exposed as fraudulent and cash has been recovered from them through How to get your money back!

    To recover your money or bitcoin from Binary option scammer i suggest you contact a recovery company like FASTFUNDSRECOVERY@PROTONMAIL.COM OR fastfundsrecovery.wordpress.com

    Avatar for Samuel B.
    Samuel B.
    May 14, 2021

    My name is Samuel, I was in love with my wife and we were married for eight years with a son his is Liam,I loved my wife so much she had access to all my bank account and even my cash app which my accountant agreed to and said it was a great idea, then it took my wife and my accountant two month to get hold of all my properties,all accounts but I had a cash app which they knew nothing about,I was thrown out of my own house was sleeping in a hotel for weeks she also took possession of my son could only see him once a week then I found out she was in love with my accountant all these while so I went online and I came across a Russian private investigator who help me get all my properties and my accounts back even my company back how he did these I don’t know but I gave all the information he asked for and followed all his instructions and now I’m happy my life’s better now. Thanks to HACKINTECHNOLOGY@CYBERSERVICES.COM I just said I should share my own story here Thank you

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