sábado, 31 de enero de 2015

How long do I have to rescind my timeshare? – Mexican Law

You’re not alone, and many vacationers have been through the same situation. Timeshare scams in Mexico have become a huge problem, and the number of Mexican timeshare fraudvictims has been increasing at an alarming rate.  However, there is always a way to get out of your timeshare contract, all you have to do is to investigate about the possibilities to get rid of a timeshare you no longer want in a legal way. So, How long do I have to rescind my timeshare? Find out the answer to this question by reading this article.

Timeshare scams in Mexico

Due to the magnificence of its beaches and its beautiful locations and surroundings, Mexico is a very touristic country, because of that; it makes sense to know that it is the second country in the world with more timeshare developers, just after the USA. From the airport to the streets,timeshare salespeople are everywhere, and anyone could easily become a victim of a timeshare scam while vacationing in Mexico.
There are many timeshare companies that use fraudulent and misleading tactics to sell their units. Also, because the concept of timeshare has already a bad reputation, they usually claim that they do not really sell timeshares, but vacation memberships, which is actually the same.  The complaints about this matter are so many that not even PROFECO (The Mexican’s Consumer Protection Agency) can take care of all of them.

How long do I have to rescind my timeshare?

Despite of what you might be told during timeshare presentations, you will always have a legal right to rescind your timeshare. Many people are forced to sign away their right to rescind, but this is an illegal practice and it does not exclude you from your right to cancel.
According to the law in Mexico, you have 5 business days (Monday-Friday) to legally rescind your timeshare contract after you have signed it. If you decide to cancel the contract within that period, you should notify the resort about your decision as soon as possible.

What if the cancellation period has expired?

In most cases, timeshare fraud victims realize that they have been scammed, after the cancellation period has expired. This does not mean you lost your opportunity to cancel your timeshare, as you still have the possibility to do so. At Mexican Timeshare Solutions, we have a team of timeshare cancel professionals who are committed to changing and rectifying this fraudulent industry, one client at a time. We will work hard to cancel your contract, regardless of whether you purchased your timeshare 2 days or 2 years ago. Contact us today for a free consultation and find out how to cancel your timeshare properly.

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viernes, 30 de enero de 2015

How do I know if I was a timeshare scam victim?

The sale of timeshare ownership has become an enormously profitable way for resorts to generate additional income. In essence, buying a timeshare means that you get to share a vacation property with different parties, usually divided by 52 weeks. If you are interested in getting one of these properties, it is very likely that you have to assist a sales presentation, where you will be pushed at a certain point to sign a sales agreement. But, how do I know if I was a timeshare scam victim? In the following paragraphs we will tell you the most common lies said during timeshare presentations.

Timeshare scams: One of the most popular frauds in Mexico

Mexican timeshare fraud has been increasing over the last years, this according to PROFECO, the Government’s Consumer Protection Agency in Mexico. Only this year, from January to April, 478 complaints about 20 different timeshare companies have already been filed, but that is only the beginning. After the complaint is filed, it takes a long time to accomplish a conciliation of the case, and that is not always possible.
Before buying a timeshare in Mexico, it is very important that you get to know your timeshare cancellation rights.  When you purchase a timeshare in Mexico, you have 5 business days to cancel the contract; this after the contract is signed. Another important thing to know, it’s that under the Mexican law, verbal promises are not valid if they are not written. Therefore, you should read your contract very carefully before you sign it.

How do I know if I was a timeshare scam victim?

At this point, you are probably wondering, How do I know if I was a timeshare scam victim? –If you know recognize any of the following statements, it is very likely that you are a timeshare scam victim:
  • The verbal promises told by the timeshares salespeople during the presentation are not established in the contract
  • You were told that your timeshare would be a smart financial investment
  • They told you that your timeshare would be easy to resell
  • You were told that you could rent your timeshare weeks easily so you can make a profit out of them
  • You were told that you could travel all over the world with your timeshare unit
  • You were told that you would get great discounts in cruises, air tickets, car rentals, city tours, etc.

What to do if I end up being a timeshare scam victim?

If you unfortunately, find yourself stuck in a timeshare scam, you will be glad to hear that there is a way to get out of timeshare legally. If you have already purchased a timeshare, contact us at Mexican Timeshare Solutions. We offer professional and efficient services to cancel your timeshare contract as soon as possible. At MTS, we will work hard on your behalf and with no upfront fees. Contact us today for a free consultation!

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Grand Weeks VIP: Timeshare Resale Scam

With a large number of complaints being filed every day, timeshare laws are more getting more rigid, however, timeshare resale scams are becoming more planned andsophisticated. Know one of the largest timeshare scams perpetuated in Mexico.  
Timeshare resales are the order of the day when it comes to timeshare scams. Every year, thousands of people are defrauded by several timeshare resale companies, which disappear after a while.  Timeshare scams take millions of dollars, leaving a big number of timeshare owners in a critical financial situation. There’s no smoke without fire, and if there is bad news about something, such as complaints and deceits, is better if you stay away from it.  
One of the reasons people keep falling for these scams is that timeshare salespeople are experts on lying —they can lie straight to your face without feeling any bad conscious— therefore, it is important that you try not to let yourself be dazzled with over realistic promises. Grand Weeks VIP is one of the latest and biggest scams.

Grand Weeks VIP

Grand Weeks VIP is a vacation package.  Timeshare owners are the biggest target of this scam. This fraud is mostly executed in Cabo San Lucas, a world popular beach destination located in Mexico. The salesperson invites the potential victims to a timeshare presentation in Cabo Viejo. The salespeople claim to the owners that they can sell their timeshare for impressively large amounts of money.
Part of the deal is that you need to buy a “membership” which you can use to stay at several luxury resorts for very reasonable rates. This membership costs about $2000.00 USD plus some additional fees. After you buy the membership, you are promised you will receive the payment for your timeshare within 60-90 days, of course, that never happens.
Once you pay the asked amount, another company involved claims you must pay $700.00 USD, at the same time, an escrow company asks for $875.00 for closing cost, and then another $800.00 USD for attorney’s fees.

- Companies involved:

Essential Resorts LTD: Essential Resorts is the Travel Club which will supposedly buy your timeshare. This Company had an F rating on the BBB, but is no longer accredited.
Contact names: Julian Rosenthal, Cindy Watts, Raúl Mendez
Phone: 786-347-6485 (Disconnected)
Financial Services International:  With an F rating on the BBB, Financial Services International is the Escrow Company that takes part of this scam.
Contact names: James Hoffman, Tony Rogers, Frank Rivers
Phone: 210-401-8702 (Disconnected)
Email: financialservicesint@gmail.com
 Grand Weeks/Servicios Vacacionales:  This is the company where you buy the membership. As the other companies involved, Grand Weeks VIP had an F rating on the BBB and is no longer accredited.  The promises are big, but the services are useless. They claim to be part of theSabre Travel Network, even where they are not.
Contact names: Raul Mendez, Cindy Watts, Julian Rosenthal
Phone: 888-560-4058 (Disconnected)

This is a very sophisticated and well planned scam. Costumers should be cautions and know all the details about this fraud.

Common complaints

Most of the complaints come out of Cabo San Lucas, Mexico. Despite of all the promises, the owners got nothing but scammed. These are some of the most common complaints about Grand Weeks VIP:
  • Deceitful sales practices
  • Companies asked owners for large amounts to sell their timeshares
  •  Victims have lost from $3000 to $8000 USD
  •  Owners never heard again from the developers
  •  Companies are not legitimate
  •  People never received any of the promised materials
  •  Websites and emails no longer exist
  • The physical addresses are not real

Hundreds of Complaints about this scam have been filed in several websites like:

Do your homework

Do not let desperation clouds your judgment, if an offer sounds too good to be true, it’s because it probably is.  Before making a deal with any company, especially in the timeshare industry, google the name of the business and find out everything you can about it.  Do not trust verbal promises and ask as many questions as you can.
If you, or someone you know, are stuck with timeshare you don’t want or you can’t afford, the best solution for you is to cancel your contract. Contact Mexican Timeshare Solutions for a free consultation on your matter. MTS is a legit company with an A rating on the BBB, which works under a contingency basis and only collects fees when the contract is fully cancelled. ContactMTS today for a free advice and get ready to get rid of your timeshare in a professional manner.

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jueves, 29 de enero de 2015

GRAND MIRAMAR: Hundreds of people get scammed in Puerto Vallarta

In Puerto Vallarta, the American Mark Talon knew the market as well as himself, where he moved like a fish in the ocean, he opened and closed businesses at the same time he was associated with those who were immersed in the timeshare industry.  No one was suspicious about him, but his personality betrayed him: he was very ostentatious; he drove a big hummer and liked to wear expensive jewelry. But his luck came to an end a few months ago, when agents of the DEA (Drug Enforcement Administration) arrested him to response to some illegal drug trade acts occurred in the American Union. The US government has been very hermetic about Mark Talon, and didn’t report notice about his arrest. 
In recent journalistic investigations, it was revealed that Mark Talon was associated with Michael Diaz, who is son of the CPA Miguel Diaz, and suddenly came back to Puerto Vallarta from Tijuana with lots of money in his pockets, enough to put several businesses in operation.  Therefore, Michael Diaz has been in the spot light of the Mexican authorities.

Grand Miramar - The Company

Mark Talon and Michael Diaz opened a sales company called “Corporativo Integral” (Integral Corporate), and through this company they sold almost all the timeshare properties at the resort “Grand Miramar” but in this process hundreds of American customers got defrauded. They told them that with their purchase they would acquire a timeshare membership with which they would enter to a rent system, and in a few months they would get their investment back plus a profit. 
In fact, the buyers were bamboozled with that rent system, they were told it was an intelligent investment to buy a timeshare at Grand Miramar, and this way the scammers kept asking for upfront payments and took thousands of dollars out of the victim’s credit cards, that money was transfer through the Bank of America.

Grand Miramar - The Hook

To hook the people – the Integral Corporate sellers – offered them a financial plan with a low interest rate, but when the buyers came back to the US, they noticed that their bank accounts were almost empty. It was an authentic swindle, said other scam victims by Grand Miramar like Steven, who was ripped off with 40 thousand dollars when buying 3 timeshares, and which promised rent profits never were delivered, even when he had to pay the VAT (IVA) in Mexico.
The costumers were also told that their timeshares were part of a high range rent system, that is to say, other vacacionists would pay big amounts of money and that money would be refund to the timeshare owners.  Other clients decided not to keep paying and received many threatening phone calls, and when they came back to cancel the contract, no one was able to solve their issue.

Gran Miramar - The Victims

Katherine Walsh, another victim, left her testimony in a website where hundreds of complaints against Gran Miramar were posted. “I’ve paid 43,900 USD in total to the timeshare resort Grand Miramar. They compromised to sell my timeshare at Playa del Sol Grand for 44,710 USD, but nothing happened. I tried to obtain a fax number and send the cancelled contract, but I got nothing”
One more victim, Mark T. Wilgus, told his bad experience in Puerto Vallarta with Grand Miramar. He said that on August 12th, 2010; he made a 5 hours tour in the resort. He was offered a 4 weeks a year membership.   He bought a property for 24,810 USD, and he was told that he would get his money back in a short period, but the days went by and he didn’t get anything.
In this fraud, the reputation of the Bank of America was damaged, since they were the ones that should’ve known that Grand Miramar was inducing the clients to buy a timeshare –through high pressure sales tactics- with the use of credit cards to finance the membership payment. The ones who got lucky were those who attended the timeshare presentation without buying, but they left the place very angry and upset, since the salespeople were very aggressive to them.

Grand Miramar – The lesson

Stories like this occur every day in Mexico; we see people’s faces but not their intentions.Timeshare industry salespeople are known for their aggressive sales tactics and insidious logic. If you were a victim of a timeshare scam by Grand Miramar, or anywhere else, don’t feel disappointed or hopeless. Contact Mexican Timeshare Solutions today for a free consultation on your timeshare issue.  We will solve your problem in a professional way, and we won’t charge any fees until your contract is completely cancelled.

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Grand Miramar – The Upcoming Player in the Timeshare Scam Industry

The companies that are involved in fraudulent timeshare sales in Mexico, change rapidly, and we at Mexican Timeshare Solutions are committed to informing travelers to Mexico about the newest perpetrators of timeshare fraud. Be aware of Grand Miramar selling practices so you don´t fall victim of timeshare scam on your next vacation to Vallarta.
We have been receiving more inquiries from timeshare scam victims who have purchased memberships at the Grand Miramar Resort & Spa, which is located in Puerto Vallarta, Mexico. Previously, we did not receive many inquiries about this resort, but they have obviously changed their sales tactics to try to sell more timeshare memberships. Unfortunately, they are using many of the fraudulent sales practices used by other resorts in the area to boost their sales, the most common being the rental or resale scams.
Grand Miramar is partnered with a few different resale and rental companies; however, the most recent one that they have been referring clients to is called High End Rentals. The Grand Miramar sales representatives assure prospective timeshare buyers that High End Rentals will sell their previously owned timeshare for a profit in order to cover the cost of the new membership. They also make false promises that they will rent out the new Grand Miramar weeks, so the timeshare can be purchased as a financial investment. These rental and resale promises do not come to fruition, and are one of the most common timeshare scams used to induce clients into buying timeshares that they would not normally have purchased.
The disturbing aspect with the Grand Miramar timeshare scams are the high ticket prices that the clients are paying for their fraudulent memberships. With most timeshare companies, the price of the timeshare ranges from a few thousand dollars up to larger amounts; however, with Grand Miramar, most of the memberships we have seen are over $25,000 US. As outlined on the Grand Miramar website, they claim to be a “a luxury development located high in the “Beverly Hills” of Puerto Vallarta, Mexico”. As a luxury property, they are able to attract affluent customers, who are good potential timeshare purchasers. Often their clientele already own high priced timeshares, so they are more likely to purchase at a higher ticket price when offered the resale of their old timeshare for a greater value than what they purchased. In addition, High End Rentals is charging clients several thousand dollars for the listing and transfer fees, a large increase over other rental and resale scam companies. Most Grand Miramar clients don’t realize upfront how much they are paying for this so-called service, because they are billed through Grand Miramar directly, yet another difference from previous resale scams where the client was informed to contact the broker after they were home from their holiday, and at this point were informed about the additional listing fee.
The other disconcerting trend that we have noticed with the Grand Miramar timeshare scam victims is the fact that most of them have paid their timeshares in full within a few months of their purchase. With other timeshare companies, customers typically finance their purchase and pay it off over several years. Obviously, the salesmen at Grand Miramar are aware of the fact that their clientele can afford to purchase a timeshare in full, or have good credit and can finance their purchase at lower rates through outside sources. This benefits the timeshare company, namely Grand Miramar, because many of their clients have paid off their $25,000 + memberships before even realizing that they were a victim of timeshare scam. In order to induce clients to pay, Grand Miramar has High End Rentals state that they give preferential treatment for the rental plans and resale of previously owned timeshares to the Grand Miramar owners that have paid in full. Until the client has paid off their membership, they will not receive the money for the resale of their old timeshare, or the rental income of their Grand Miramar weeks. Unfortunately, they are very convincing in enforcing this idea, and many clients end up paying off their memberships, only to realize later that the sale of their other timeshare will never go through, and they will be the owner of two timeshares with two corresponding maintenance fees.
Grand Miramar is very tricky in their timeshare scams, and even more recently, we have noticed that they are not issuing contracts on their own letterhead, but are now using the name “Platinum Access”. These clients are also referred to High End Rentals. When the clients have problems, they are told that both Platinum Access and High End Rentals are separate entities, and therefore Grand Miramar is not responsible. However, the name of the company that charged for the Platinum Access membership and the High End Rentals fees on the credit card slips is Grand Miramar.  This fact is an indication that these companies are all subsidiaries or affiliates of Grand Miramar.
If you have beenscammed by Grand Miramar or one of their timeshare companies in Mexico, please do not hesitate to contact us at Mexican Timeshare Solutions. We would be happy to consult with you to provide you free information on how we can resolve your timeshare fraudsituation.

If you liked this article, please help us to share this information to more people in order to avoid more timeshare scams victims, how?
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