In the timeshare industry there has always been shady characters. The timeshare industry has definitely grown a reputation for luring and trapping consumers into a situation that they cannot afford and have a very hard time getting out of. This is not a news flash by any means. There is now another layer of scam artists in the industry.
With the downturn in the economy in recent years, many timeshare owners have become desperate to rid themselves of costly timeshares. These consumers can become desperate and become easy prey to dishonest people looking to make a quick buck. There is a new epidemic of “companies” claiming to help people get out of their timeshares. They charge fees and many times the customer sees no results from these broker arrangements.
Too make things worse some of these companies rip people off for as long as they can until caught. They then turn around and start under a different name with the same scam. There are regulators trying to bring these criminals to justice but it is not easy.
It is imperative that the consumers do a thorough check of any broker they are looking to hire for their timeshare. Absolutely do your homework, get recommendations call the Better Business Bureau and NEVER pay for anything upfront! Do whatever you can to be sure you are not victimized twice!
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