Global Timeshares
Fraud rip-off ripoff dishonest greed fake want-your-money Masachusetts
- 07-30-2008
- 20
My elderly parents bought 3 timeshares about 10 years ago, from Fairfield and RCI, via hard sells on-location. They could not say no, were told it was a good investment. Not true.
Now they have been trying to sell for 3 years, have used the rental and sales company Global Timeshares, which took $1300 for an initial contract, was not clear that the contract only last 90 days and it would be discontinued if WE did not contact THEM. My folks called back 6 months later because they had never even gotten a call back once. They were told they could renew the contract for $1000, my foolish parents renewed. We called regularly, but the salesman never got a bite.
We STILL don't understand how they are sold or rented. Very confusing.
We went to a seminar by a company that was offering to "buy" the timeshares, but turned out that they would take each timeshare and the maintenance fees "off your hands" for only $3000 per timeshare! Unbelievably, their offer to "buy" turned out to be WE PAY!!! We left furious.
One month later my dad gets a call from a "partner" of Global Timeshares (who later use Global Timeshares letterhead) who say GT gave them my folks contact info because they have a seller ready to buy their property, will pay $20,000, and my folks only need to pay the closing costs (or selling fees) up front. So my trusting dad pays $2000 with his VISA card. No written contract, just a paper in the mail confirming the transaction, but no amount listed! They were to get the signed paperwork to us within 2 weeks. It's now 8 weeks later, and no word!
Why can't our government enforce laws that protect the elderly from these scams? Where do we report these practices?
Sam from harrisonburg
Harrisonburg, Virginia
U.S.A.
Company: Global Timeshares
Country: USA
State: Massachusetts
City: Brockton