Govt assesses new timeshare legislationBy NATARIO McKENZIE Business Reporter nmckenzie@tribunemedia.net THE Government is looking at new legislation to promote the timeshare industry in the Bahamas, the minister of tourism arguing that an “across the board” focus was necessary in the tourism industry. “We are brining new legislation now that would cause the time share industry to become even more attractive,” Obie Wilchcombe told Tribune Business.
Feds, Florida Attorney General Sue Timeshare Resale CompanyThe Federal Trade Commission and Florida Attorney General Pam Bondi recently brought legal action against a timeshare rental/resale telemarketing business and its owner for allegedly deceiving thousands of consumers throughout the country. This is just the latest effort to rid the timeshare industry of unethical companies and individuals preying on families seeking timeshare exit strategies.
Palm Beach County court clerk warns of timeshare schemeThe Palm Beach County clerk and comptroller is warning timeshare owners to beware of people posing as court clerk employees seeking fees related to timeshare resales.
Nine people from South Jersey charged in $2.4 million mail fraudCAMDEN – Nine people from southern New Jersey were arrested Tuesday for their alleged roles in a $2.4 million mail fraud conspiracy involving time share mortgages. Seven others were also charged in the conspiracy and will have initial court appearances in Florida, South Carolina, Virginia, and the U.S.
Most of timeshare reseller’s earnings gone, official saysClients of a closed Fort Lauderdale timeshare resale company likely will never get back any of the money they lost in what federal authorities have described as a “naked fraud.” The Federal Trade Commission announced Thursday that its case against Timeshare Mega Media and Marketing Group has ended with a $2.7 million judgment entered against the company.
Timeshare fight headed to court – The Barrie Examiner – Ontario, CABy MIRANDA MINASSIAN, QMI Agency Updated 20 hours ago ORO-MEDONTE TWP. – Horseshoe Resort timeshare leaseholders who believe they are being pushed out by big business have taken their fight to the courts. The Time Share Owners Association (TSOA), representing about 250 of The Lodges leaseholders, have filed an application record laying out their position against Skyline International Development.
State issues timeshare fraud alertScams targeting people eager to dump their timeshares are spreading throughout California, prompting the state Department of Real Estate to issue a fraud alert warning the public about the practice. The San Diego FBI office also issued a similar alert, the U-T San Diego newspaper reported.
Florida Timeshare Resale Fraud Scam ShutteredTALLAHASSEE, Fla.-The Florida Attorney General’s office has partnered with the Delray Beach Police Department to arrest two individuals for illegal activity related to timeshare resale fraud and that she has sued the individuals and the timeshare resale companies. The lawsuit is filed against William Clarke, P.A., and its owner, Gerald W.