posted 25th November 2024
Every week, hundreds of thousands of pounds are taken from timeshare victims' bank accounts by criminal gangs who spend their ill-gotten gains on lavish lifestyles in the Canary Islands and Spain. The criminal underbelly of the timeshare industry has existed since the 1980s and, unfortunately, still remains today.
Criminal gangs now focus their fraudulent operations on convincing their victims to pay out large sums of money to get out of their timeshare contracts or make compensation claims. These fake services are operated by a hierarchy of con artists with highly organised boiler rooms filled with money-hungry ex-timeshare salespeople looking for their next victim.
Victims' personal data is bought and sold on the black market and dark web and swapped and traded from one scam company to another. Many victims form part of a "suckers list", called so due to age, vulnerability and likelihood of falling for another timeshare scam.
These clients, in particular, unknowingly become involved in recovery room fraud where the same company calls them back under a different name, promising them to recover their money from the previous scam.
We have many examples from the people we have helped who have paid the same people over six times, with the same result: the loss of their money.
Prevention is better than cure.
Just because you paid with your credit card doesn't mean that you are guaranteed to get your money back. Not paying these scam companies at all is your best line of defence. Following these simple rules will prevent you from losing your money.
1. Don't deal with cold callers
2. Only deal with FCA or SRA regulated companies
3. Do not pay upfront fees
4. Do not agree to a Zoom call.
5. Do not agree to a home visit.
Safe timeshare exit solutions.
In many cases, due to the amount of time that maintenance fees haven't been paid, there is no reason to pay for timeshare relinquishment services. In other cases, some resorts will take back your timeshare for free. However, refrain from signing unnecessary disclaimers preventing you from getting your money back. We provide a free timeshare claim eligibility checking service that is quick, free and easy to use. Get in touch, and we will evaluate your chances of success. As an FCA registered company, you can submit your claim to us without paying any upfront fees.
Speak to us.
If you need clarification as to the legal standing of your timeshare ownership, get in touch. We will run all the necessary checks and give you the best options for proceeding. Our timeshare exit services do not require the payment of any upfront fees, and you'll only pay us if we win. Our affordable, low-cost solution is the best and safest way to break your timeshare contract and bring an end to your maintenance fees.
