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With many complaints being filed every day, timeshare laws are getting more rigid, however, timeshare resale scams are becoming more planned and sophisticated. Now, one of the largest timeshare scams is being perpetuated in Mexico.
Timeshare resales are the order of the day when it comes to timeshare scams. Every year, thousands of people are defrauded by several timeshare resale companies, which disappear after a while.
Timeshare scams cost millions of dollars, leaving many timeshare owners in a critical financial situation.
There’s no smoke without fire, and if there is bad news about something, such as complaints and deceit, it's better if you stay away from it.
One of the reasons people keep falling for these scams is that timeshare salespeople are experts at lying —they can lie straight to your face without feeling any bad conscience.
Therefore, it is important that you try not to let yourself be dazzled by overly realistic promises. Grand Weeks VIP is one of the latest and biggest scams.
Grand Weeks VIP
Grand Weeks VIP is a vacation package. Timeshare owners are the biggest targets of this scam. This fraud is mostly executed in Cabo San Lucas, a popular beach destination located in Mexico.
The salesperson invites the potential victims to a timeshare presentation in Cabo Viejo. The salespeople claim to the owners that they can sell their timeshare for impressively large amounts of money.
Part of the deal is that you need to buy a “membership,” which you can use to stay at several luxury resorts for very reasonable rates.
This membership costs about $2000.00 USD plus some additional fees. After you buy the membership, you are promised you will receive the payment for your timeshare within 60-90 days, of course, that never happens.
Once you pay the requested amount, another company involved claims you must pay $700.00 USD. At the same time, an escrow company asks for $875.00 for closing costs and then another $800.00 USD for attorney’s fees.
Companies involved:
Essential Resorts LTD: Essential Resorts is the Travel Club that will supposedly buy your timeshare. This Company had an F rating on the BBB, but is no longer accredited.
Contact names: Julian Rosenthal, Cindy Watts and Raúl Mendez
Phone: 786-347-6485 (Disconnected)
Financial Services International: With an F rating on the BBB, Financial Services International is the Escrow Company that takes part in this scam.
Contact names: James Hoffman, Tony Rogers, and Frank Rivers
Phone: 210-401-8702 (Disconnected)
Email: financialservicesint@gmail.com
Grand Weeks/Servicios Vacacionales: This is the company where you buy the membership. As with the other companies involved, Grand Weeks VIP had an F rating on the BBB and is no longer accredited. The promises are big, but the services are useless. They claim to be part of the Sabre Travel Network, even though they are not.
Contact names: Raul Mendez, Cindy Watts, Julian Rosenthal
Phone: 888-560-4058 (Disconnected)
This is a very sophisticated and well-planned scam. Costumers should be cautious and know all the details about this fraud.
Common complaints
Most of the complaints come from Cabo San Lucas, Mexico. Despite all the promises, the owners got nothing but scammed. These are some of the most common complaints about Grand Weeks VIP:
- Deceitful sales practices
- Companies asked owners for large amounts to sell their timeshares
- Victims have lost from $3000 to $8000 USD
- Owners never heard again from the developers
- Companies are not legitimate
- People never received any of the promised materials
- Websites and emails no longer exist
- The physical addresses are not real
Hundreds of Complaints about this scam have been filed on several websites, like:
Do your homework
Do not let desperation cloud your judgment, if an offer sounds too good to be true, it probably is.
Before making a deal with any company, especially in the timeshare industry, Google the name of the business and find out everything you can about it.
Do not trust verbal promises, and ask as many questions as you can.
If you, or someone you know, is stuck with a timeshare you don’t want, or can’t afford, the best solution for you is to cancel your contract.
Contact Mexican Timeshare Solutions for a free consultation on your matter.
MTS is a legit company that works on a contingency basis and only collects fees when the contract is fully canceled.
Contact MTS today for a free advice, and get ready to get rid of your timeshare professionally.
To receive more information about Grand Weeks VIP and how to cancel your timeshare, send a WhatsApp to +52 333 239 6589, fill out the contact form, or call us at +1 714 277 3662
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Yo cai en este tipo de fraude hace casi un año , jamas me espere que me fueran a jugar chueco , lo peor de todo es que pague cierta cantidad de dinero y por nada del mundo me reembolsaron ni me dieron lo prometido , es una pena que jueguen de esa forma con la fe de las personas.
Despite the bad reputation of the timeshare industry, you’ll wonder why there are still individuals who own a timeshare. I think it’s the timeshare sales presentation. Timeshare developers mostly present their resorts greatly without warning of the incoming liabilities that lie ahead.
Despite the bad reputation of the timeshare industry, you’ll wonder why there are still individuals who own a timeshare. I think it’s the timeshare sales presentation. Timeshare developers mostly present their resorts greatly without warning of the incoming liabilities that lie ahead.
Dijera mi madre Dios los hace y ellos se juntan. Parece nido de ratas todo lo que tenga que ver con tiempos compartidos
In my mind it doesn't make sense. It is not an investment and it ties you down to yet another payment which may or may not make money. In fact it is not a cost effective way of vacationing. Why not have teh freedom of going whereever you want and not tied to your vacation investment?
im glad that you expose this fraudulent resort, the people needs to know everything about them
they said they would help me to sell my timeshare and they never did anything, I had to realize that never sold it in the most pathetic way
me dijeron hace poco mas de 1 año que venderian mi tiempo compartido, confie bastante tiempo en ellos pero no ha pasado nada y mi paciencia se ha ido.. ayudenme porfavor
muy de acuerdo, si algo parece ser muy bueno para ser verdad es porque debe ser un fraude :) muy interesante el articulo
Cuantas empresas involucradas en tantas estafas, es una pena, espero que salga algo bueno de todo esto! gracias por la informacion
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