Monday, November 09, 2009

Florida Attorney General Seeks Injunction for Timeshare Resale Fraud

It’s been reported by the American Resort Development Association (ARDA), that the Florida Attorney General’s Office moved to seek an emergency injunction against a West Palm Beach timeshare operation for resale fraud.

Creative Vacation Solutions, a timeshare resale company located in West Palm Beach, Florida was charging nearly $2,500 in marketing fees to their clients, but did little or nothing to sell their timeshares. Hundreds of people were affected by this fraudulent activity.

Although there are many reputable timeshare resale companies, like RedWeek.com, that provide resale services on the secondary market, the system is unregulated. Because of this, dishonest companies using unscrupulous tactics are being formed with the sole purpose of taking advantage of timeshare owners looking to resell.

We at Redweek.com appreciate the efforts of the Florida Attorney General Bill McCollum and his ongoing investigations into dishonest companies whose actions give the timeshare industry a bad name.

3 comments:

  1. Anonymous11:10 AM

    All I can say is that I'm glad a company like Redweek has my back.

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  2. Anonymous3:05 PM

    Good article - and thank goodness Florida officials are finally on top of things, especially where so many of us retirees vacation with timeshares.

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  3. Anonymous2:20 PM

    It's too bad that there are so many scamers in the timeshare industry. Owning a timeshare has been a great thing for my wife and I and i just wish that we didn't have to constantly watching out for scamers.

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