Timeshare Scams and Fraud

i was told on original phone call I WOULD BE REFUNDED MY 1400. DOLLARS LESS COST OF ADVERTISING IF NOT SOLD BY DEC. 6 2011.CALLED 3 times NEVER GOT RESPONSE.

RECEIVED CALL OCT 17,2011 AND WAS TOLD MY TIMESHARE IN THE CAYMAN ISLANDS SOLD. TOLD I HAD TO PUT $2998.00 IN ESCROW FOR CLOSING ETC BY VOIDED CHECK VIA PHONE. SINCE I HAD NY TIMESHARE UP FOR SALE I VERY NAIEVLY DID THIS. AND NOW THE COMPANY IS FOLDED. THEY HAD EVEN GONE AS FAR AS GIVING ME A CLOSING DATE WHICH OF COURSE NEVER HAPPENED. i LOST MY JOB LAST YR AND REALLY COULD USE A RECOUP OF THAT MONEY. ANY HELP WITH THIS CO. OR A GROUP CALLED SIERRA FINANCIAL (SIMILIAR PROBLEM) WOULD BE APPRECIATED. THANK YOU!

CONTACTED ME STATING THEY HAVE A BUYER FOR ME Y TIMESHARE.PAID $2998.00 AS LEGAL HOLD-LIKE ESCROW, THEY WILL TAKE CARE OF THE (DEEDS TITLE) PAPERWORKS.THIS MONEY WAS DEPOSITED IN WELLS FARGO (THIS IS TRUE A BANK EMPLOYEE CALLED ME TO VERIFY REMOTE CHECK PAYMENT. I GET THE CONTRACT SIGN IT& RETURN TO .THEM. LEGAL HOLD MONEY WILL BE REFUNDED TO AFTER SALE COMPLETED.DIDNT HEAR FROM SINCE THEN

Starting in October 2011 stated had buyer, set closing for Dec. 8, 2011, day came and stated buyer had tax issues and re-scheduled for Dec. 19, 2011 and will call with update. Called multiple times, phone "not working" and transferred to another company. People at transferred company stated Vacation Timeshare running on their phone lines and is a scam.

It is a timeshare resale scam where you send out a few hundred dollars and once they get the money they hang up on you. Here is a email they send also.

Hello my name is Ben Gaines and I saw your timeshare ad I am looking to buy a unit and I want to buy your timeshare on behalf of one of our clients, we are a property locating service and we buy vacation property’s for people who hire our services, your timeshare is a perfect match for one of our clients and we would like to make you an offer so if you timeshare is still for sale please email me your phone number with area code or call me and i will present you with our client offer to buy your timeshare.
Thank You