The Federal Trade Commission has just announced the filing of charges against Pro Timeshare Resales, LLC and a number of individuals connected with this company on charges that they took sizable up-front fees after promising they had buyers and renters ready to buy or rent their time share units.
The scam would begin when the victim would be contacted by phone and told that the company had a ready, willing and able buyer or renter for the victim’s timeshare unit. The victim was told that they must pay upfront fees, which could be as much as $2,500. The truth is that their were no buyers andoften the victims were even called in violation of the Federal Do Not Call List. When some of the victims asked for refunds, the scammers refused to return the funds paid to them.
Many timeshare owners have become desperate to sell their timeshare units and scam artists take advantage of this desperation. However, regardless of how desperate you are, you should never pay anyone promising to sell your timeshare unit in advance of the actual sale. If you follow this rule, you will save yourself a lot of headaches. Before signing with anyone to sell your timeshare unit, you should also investigate the company to make sure that they are legitimate. Check with your state attorney general and the Federal Trade Commission to see if their are complaints or legal actions against the company.