Timeshare Scams and Fraud

This company contacted my mother about a timeshare she purchased in Mexico many years ago. Told her they could get her over $100,000 if she signed a contract with them. She had them email all documents to me and after reading the contract I could tell it was a scam. They are preying on senior citizens. The person told me my mother would need to send $12000 to the title company in Mexico and then they would send her a check from their buyer. He said either my wire, cashiers check or directly to her bank account. Thank goodness I was able to figure out this was a lie because my mother who is over 70 would have fallen for this because the money is a lot. I told them to remove her name and never contact us again. I pray they haven't scammed too many people with their offer bec... Read More

This appears to be a scam related to others reported here. Company purports to have a buyer who has already placed in escrow the purchase funds. The sales price is very lucrative, more than I paid for the property. All I have to do is send 11% of the sales price for the Mexican notary public to process the sale.

I checked on the travel agency, and it has been in business in Oregon for 40 years, registered with the state, so this appears to be a situation where they have appropriated a business somehow. I also check on Mexican law regarding the use of the notary public. In Mexico, a notary is actually an attorney and is required for the transfer of property. However, a notary typically charges 3-5% of the contract price, and is paid by the buyer, not the seller.

I imagine after... Read More