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.