Archive for timeshare scam

Another Vacation Ownership Group Scam Artist Convicted

vacation ownership group scamYet another Vacation Ownership Group scam co-conspirator has been sentenced in N.J. Federal Court. Previous employee of The Vacation Ownership Group LLC, Eric Reilly, 34, of Galloway, was sentenced July 21, 2014 to 36 months in prison and ordered to pay more than $3 million in restitution for conspiracy to rip off timeshares owners throughout the United States, as U.S. Attorney Paul J. Fishman announced.

Reilly had recently entered a plea of guilty to one count of conspiring to commit mail and wire fraud. The guilty plea was entered to U.S. District Judge Noel L. Hillman. Judge Hillman subsequently imposed Reilly’s sentence in Federal court in Camden, NJ.

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Timeshare Scams

Timeshare ScamsTimeshare scams are cropping up like weeds due to the tumultuous circumstances in the timeshare market. This fertile ground for timeshare rip-off businesses has helped them to take advantage of innocent timeshare owners.

These timeshare scams might promote themselves as real estate marketers, various types of law firms, and/or companies that resell timeshare properties, yet in the long run, they’re basically cut from the same soiled fabric.

The following is a breakdown of the different types of timeshare scams you may run into as a timeshare owner, followed by suggestions of ways you can keep from becoming a victim of their underhanded schemes.
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