Timeshare Scams and Fraud

On Sept. 5, 2013, We were sold an "enhancement package" that would allow us to turn in Excess timeshare points for a cash rebate. The points rebate was supposed to take 6 months. I made contact with a person after six months that said the process actually took 6 months after the 6 month waiting period. More than a year later and .no one responds on the phone and everything on the internet shows it was a scam. We are out $9,998.

Do not do business with R&R Venture,LLC of Las Vegas Nv. or Excess Property Solutions. We have been ripped off for $12,000.00 by these people, they should be charged with Interstate fraud, grand larceny, intent to deceive, out and out liars and thieves

We were called about an "RCI update". When we arrived for a luncheon meeting we were told that excess unused timeshare properties were being rented by Excess Property Solutions through Vacations Services International. We could buy "points" based on our timeshare ownership. Our points if not used would be redeemed for cash supposedly by May 15, 2014. Mr. Adams said be sure and be home when your check arrives. We were home, no check. Tried calling EPS and Mr. Adams with no success. I had called him a month after our original transaction and reported that I suspected this was a scam, he said there were over 40,000 customers in the program and it was legitimate.

In Jan., 2013, By EPS We were offered $12000 and membership to VSI. for our points. We laid out $9,900. We have not received any pay back.