Mexican TimeShare Fraud Exposed!

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Chain Letter

Please send this email to everyone you know!

 

Subject: Mexican Timeshare Fraud

Consumer Protection Alert -

I would like to inform you of a growing concern about the fraudulent timeshare sales practice that is in effect at certain resorts in Mexico. I own two other timeshares, one even in Mexico, and this is not the norm.

Granted, timeshare presentations are always high pressured and you hope that they do not stretch the truth too much. You do not expect them to outright lie about any of the features and benefits they offer. But even worse, I believe they are criminally fraudulent.
 

You buy a timeshare because you love to vacation, you love the timeshare, or you love the location. Period. It is a perk, it is not an investment, it is a wonderful luxury.
 

Some of the SCAMS!

Cancellation Period

You must waive your 5 day cancellation period because you are buying a repro unit and you can only have the protection once. SCAM Mexican law does not allow you to waive this right. (Look at your contract - they probably did not include the sheet that said you waived the right because it is illegal - you cannot waive.)

You must waive your 5 day cancellation period because you are using an Equity Exchange. (Trading in a different timeshare.) SCAM Mexican law does not allow you to waive this right, ever, under any reason.

You cancel your contract within the 5 day period - but they will not accept it. SCAM By Mexican law they must cancel and return all monies. Get proof you tried to cancel if they refused. They will try to make you, but you do not have to downgrade. 
 

Even if you are happy with your timeshare purchase but this tactic was used during your purchase, report it to the attorney generals office in your state, the state that the timeshare has an office, and the Mexican government at www.profeco.gob.mex. You should be able to do this via email.

I am asking you to do this so that this illegal sales practice will stop.  If you were scammed as described above and want some options - please go to www.MexicanTimeshareFraud.com or  www.gkaufmann.net. Time Share User Group (www.tug2.net) - BBS, under Renting section. Do a search on Please Help, or Timeshare Fraud.  Also check out http://www.timesharefraud.info/ http://www.timesharefraud.com/ and http://www.timesharebeat.com.

Make Money - Rent your unit

You can rent out the units for $1700 a week. SCAM Some people are trying - but in actuality they are not selling for much beyond your maintenance fee, and often below. Do your research on Ebay and search on Google.

There are timeshare rental services you can use for only $300 for a lifetime contract with no limit on weeks you sell. SCAM Yes they may list your rental unit - but the market does not command those prices.

Use a reseller that also charges commission per sale. SCAM. They already have your $300 joining fee. Find someplace that will only take a percentage preferably if they are successful at renting the space - no join fee.  I hear good things from www.tug2.net, www.redweek.com and even try eBay.

They said - "Here - Phone this travel agency now and ask them how much they can rent out your unit for." You then pick up the phone and dial. Then the nice agent will tell you they rent for $2500 all of the time. SCAM  There are unconfirmed stories that this rental company was in on the scam.  In the past few days I have spoken to a lady that has confirmed this practice.

Our Resorts Hold Their Value

Because we keep building new resorts and you can vacation to any of them, our units hold their value. We have plans on building one in Cancun, Maui, and Orlando. Half Scam They may hold their value more than a different time share - but timeshare sales on the aftermarket are discounted at least 50%, typically 66%, and sometimes more.

You must use our broker to sell your timeshare - he thus can control the prices. SCAM All you have to do is have your account paid in full and pay a 10% of your purchase price to transfer title (check the contract).

Things They Never Mention - But Check the Contract

To transfer title costs 10% of your purchase price.

Once you become a member, you may not be able to exchange into your home resort through RCI. The resort has restricted RCI from allowing current members to exchange into these units because they want new people to come and vacation with them. New people that they have not sold a timeshare to yet.

SFX has an unconfirmed reputation of having nothing to offer.

What To Do If You Have Been Scammed.

Check out the links above. Do your research. Contact your Attorney Generals.

Please research this yourself. But please, make the public aware! My goal is to make every traveler to Mexico know that they have a 5 day right to cancel any timeshare purchase.

Please, I really hate to ask you to "email this to everyone in your address book". But if you can save anyone thousands of dollars - isn't it worth it?  You have probably sent chain letters before with no more value that to create a smile.

This email originated from a visit to the Mayan Riviera from Wisconsin and many people from the Midwest and Canada go to the Cancun area. But the chain in question originated on the west coast in Puerto Vallarta, Acapulco, Mazatlan, and Rocky Point (below Arizona). This email needs to make it all the way to California.

 


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