Timeshare Fraud Risk: Are You In Danger?
3 min read
Timeshare scams and fraud are serious problems in today’s world. But we don’t have to sit back and let it happen. Here are some ways you can fight timeshare scams in your own life.
The easiest way to fight timeshare scams is to hang up, walk away, or delete the email. They can’t scam you if you don’t let them. So, if you’re contacted by telephone about a potential buyer for your timeshare, politely decline and hang up. If a sales rep approaches you on vacation about a “free” gift in exchange for sitting through a “short” 90-minute presentation, just keep walking. You’ll have more fun laying on the beach or sipping mimosas by the pool anyway. And if you’re online, delete the emails or click away from the site. We promise you’re not missing out on anything. If you really need any of those services, do your own Google Search to find a legitimate company with a great reputation.
Of course, these methods only protect you. You’re safe but the scammer has already moved on to the next person. And sooner or later, one of those people is going to say yes. Think about it. If they only scam one person out of $3000 today, they’re having a good day. Definitely protect yourself, but then consider bigger steps.
If you’ve been targeted for a timeshare scam, report it. Even if you saw through their ruse and said no, the next person might not. Saying something now could save your grandmother her life savings. Because timeshare scams and fraud are widespread, the FTC is busy fighting. You can report scams and fraud directly to them by clicking here. You can also report scams and fraud to your state’s Attorney General, the local news, and the Business Consumer Alliance.
In the Age of Information, you can find pretty much everything on the internet. Many people ask Google before they ask anyone else. So, you can fight timeshare scams by writing a review on a reputable site like Google Reviews or the Business Consumer Alliance. The most useful reviews are detailed, concise, and honest. Although just giving a low one-star rating is better than nothing, people pay more attention to longer reviews. We know it’s tempting to rage or call names, but instead, aim for something detailed and objective. Share how you were contacted, and how the scam worked, and what to do about it. That way, a potential victim will know to walk away.
In extreme circumstances, you may choose to involve the courts. Although it’s up to the authorities to pursue criminal charges, as a private citizen you can get financial relief through the courts. And since these companies are all about profit, even the threat of a law suit can hit them where they work. Some people file suits individually while other may form a group or join in a class action suit. But, it’s both slow and costly to fight timeshare fraud in court. This is a serious step and it’s not for everyone. If it’s not for you, don’t worry. You can still do your part by spreading information about fraud and scams as we’ve discussed above.
Everyone has their own way of fighting their battles. We fight timeshare scams by spreading information in articles like these and by helping consumers like you get out of their timeshares safely, ethically, guaranteed. Contact us for help getting out of your timeshare. Let us fight for you.
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