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The FBI issued an alert in March 2023 saying it had received over 600 complaints with losses of $39.6 million from people who had been scammed – and that was just from owners of timeshares in ...
However, most charities are unable to take on deeded ownership of a timeshare, so they opt to sell the timeshare. If a charity sells the timeshare and keeps the proceeds as a donation, the donor is then entitled to a tax deduction. [4] Timeshare properties worth more than $5,000 need a written appraisal in conformity with IRS standards ...
Getting rid of a seldom-used timeshare might sound like a way to get cash, but attorneys general in two states warn not to get ripped off by the latest scams. A timeshare scheme that has rooked ...
Under the settlement, customers who had purchased timeshares in Arizona between January 1, 2011, and July 23, 2017, could be released from their timeshare, provided they gave a detailed description of deceptive statements or false promises made by Diamond Resorts employees during the sale. [33] The Attorney General's website states that alleged ...
Protect consumers against abuses or fraud by companies operating in Mexico. Provide information to help consumers make good decisions when they need to buy products. Inform the community about their rights and obligations as consumers. Create and put in practice new methods to provide prompt attention for consumer complaints.
In 2022, the FBI received 11,727 real estate-related complaints with losses of over $396 million, an 86% increase versus 2020 levels.
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