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The biggest red flag of a timeshare exit scam is having to pay an upfront free. Other red flags include: Unsolicited offers, sometimes purporting to come from legitimate timeshare companies.
Jess Kinmont and John P. Wenz Jr.’s scam business — Pro Timeshare Resales, a Florida limited liability company purporting to promote reselling timeshares — defrauded over 8,000 people of ...
A telemarketing ring that allegedly scammed millions from consumers nationwide looking to sell their timeshares was shut down by the Federal Trade Commission, the agency announced today.There were ...
An exit scam or rug pull is a confidence trick or fraud, perpetuated under the guise of a legitimate business, that ends when the originator absconds with the funds contributed by participants. [1] When a business entity pulls the rug and stops shipping orders while receiving payment for new orders, it could take some time before it is widely ...
Timeshare donation is a consumer relief strategy that allows timeshare owners a legitimate way out of their timeshare ownership. The concept of timeshare donation is less than ten years old, but gains popularity each year as the timeshare resale market continues to falter.
Clark Stanley's Snake Oil. Snake oil is a term used to describe deceptive marketing, health care fraud, or a scam.Similarly, snake oil salesman is a common label used to describe someone who sells, promotes, or is a general proponent of some valueless or fraudulent cure, remedy, or solution. [1]
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