Friday, May 21, 2010

Timeshare Scam Implies a Connection to RCI

If you are an RCI subscribing member, you should have recently a letter from RCI North America President, Gordon Gurnik informing you of a new timeshare scam. Entities that are not connected with RCI are contacting timeshare owners and incorrectly stating or implying that they are. They then proceed to offer to assist in the sale or rental of the owners’ timeshare interests for an upfront fee. They may even invite the owner to attend an informational dinner to discuss updates to RCI timeshare exchange programs or request their execution of a power of attorney to sell the owner’s timeshare.

These companies are not working on behalf of RCI or are affiliated with them in any way. Please exercise caution if you are contacted by anyone claiming to be related to RCI and call RCI directly at 800-338-7777 with any questions.

This is not a complete list of the companies in question, but can be helpful to review regarding companies who may have the intent to commit fraud: Global Destinations Consulting, Inc. (aka: GDC); A+ Advisors, Inc. (aka: RCI Management or World Points Management); RCI Acquisitions and Rentals, Corp; Equity Marketing Corp (aka: Resort Equity Marketing); RCI Financial Management, LLC; Timeshare Relief, Inc.; and APEX Professionals, LLC.

The best way to protect yourself against timeshare fraud is to be educated and use reputable businesses with safeguards for your protection. Learn more at ARDA.org and read their timeshare resale advisory guidelines.

3 comments:

  1. Anonymous11:35 AM

    This happened to us just last week. Is RCI selling buyers/ clients data to other companies?

    We do own a timeshare with RCI, but we've received several hard-sell calls from other companies. The sales agent usually mentions RCI right in his introductory sentence.
    Later, when we engaged in the pitch, we asked whether this counts towards our Points or Weeks, he stated, we're kind of related to RCI, but we're separate....

    We almost booked. Actually got called back by a "manager", and got the price cut in half, and then in half again. Ultimately, we decided not to go with their offer. But it was never clear that this was not generated by, and not part of RCI.

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  2. Anonymous9:06 PM

    Please be aware that RCI is owned by Wyndham since about 2007. Have you noticed that lately you have been receiving calls from companies claiming to be affiliated with RCI? Selling cruise and vacation? The best "exchange" weeks and resorts are sold separately? We are debt free, but don't want to be scammed by some company that's out just for profit!

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  3. Anonymous3:41 PM

    Another company saying they are a part of RCI North America is Regency Consulting International. They call themselves RCI. Their letter heads say RCI Timeshare Network. They called & guaranteed they could sell my timeshare in 30-45 days for a fee of $598. Since they said they were a department of the RCI I am a member of & trust, I bit. It has now been 6 monthes & of course, no sale. I wish the real RCI would take legal action against all these phonies who use their name & reputation to scam members.

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