Victim of Alleged Timeshare Operation Shares Story - WBAY

Target 2 Consumer Alert

Victim of Alleged Timeshare Operation Shares Story

Updated:

Target 2 has a follow up on the FBI's bust of an alleged timeshare telemarketing operation.

As Action 2 News first reported earlier this month, four people were arrested in the alleged operation.  The FBI accuses them of running fraudulent telemarketing businesses in Green Bay.

The businesses were run under the names National Timeshare Resales, Integrated Advertising Solutions, Administrative Timeshare Resales, and Midwest Timeshares.

Investigators say from October 2009 to April 2011, they targeted timeshare owners, collecting fees ranging from $200 to $2,500 from each person, totaling over $2 million.

We spoke with a woman in Plover, Wis., who says she got a cold call from one of the people arrested who was with National Timeshare Resales.
     
Kathy Suchon told Target 2 his sales pitch convinced her to pay $724 in upfront fees to sell her Florida timeshare.

"And he says, 'well, the nice thing is that you know if we don't sell your property in a year, you get your money back.' And I said, 'OK, kind of leery about that,'" said Suchon. "But, I said, 'I need to see it in writing.' And he said, 'well, it's in the contract.' And he said, 'I can send it over to you and you can take a look at it, which he did.'"

Suchon says in that time, she never received any offers on her Florida timeshare, and National Timeshare Resales never returned the upfront fee.

While she doesn't know if she'll ever get her money back, she's just happy to hear of the arrests.

"I was thrilled, just because he finally got arrested, he's off the street. I mean, it's way past due," said Suchon.

Suchon is one of hundreds who filed a complaint with the Better Business Bureau.

She said she learned a valuable lesson: to research who you're doing business with and make sure they're a licensed broker.

The Better Business Bureau has the following tips for people looking to sell a timeshare:

  • Check with your state to see if the salespeople are licensed to sell timeshares.
  • If there are complaints filed against the business, be wary of "too-good-too-be-true" resale claims.  Be wary if you're asked to pay a large fee upfront.

To check out complaints filed by consumers, and the rating of a company or business, log on to www.wisconsin.bbb.org

The Department of Safety & Professional Services licenses individuals in certain professions, including timeshare sales and real estate agents and brokers.  Follow this link and click the "profession" button to look at credentials:  http://online.drl.wi.gov/LicenseLookup/IndividualCredentialSearch.aspx 

Also, the Federal Trade Commission had a recent crackdown on timeshare fraud, and offers details on how to avoid becoming a target: http://www.ftc.gov/opa/2013/06/timesharerelease.shtm

 

Powered by WorldNow

115 S. Jefferson St. Green Bay, WI  54301

Telephone: 920.432.3331
Fax: 920.438.3355
Email: wbay@wbay.com

Can’t find something?
Powered by WorldNow
All content © Copyright 2000 - 2014 Young Broadcasting of Green Bay, Inc. A Media General Company.