If you have been victimized by either a timeshare resale firm or a timeshare resort, add your complaint below.
Timeshare Scams and Fraud
Timeshare resale fraud - Magnum realty, Capital transfer
Company Name: Magnum realty, Capital transfer
Company Address: Sacramento, California
Company Website: Info@magnumrealty group.com
Company Phone: 18669785234
Sales Person: Chris Carter, Chris Johnson
Sales Manager: Thomas Bartussi
Additional Names: Erick esparasa, Francis harrington
This was a very elaborate well planned scam. A friend of my nevwas contacted from Magnum Realty by phone in April 2018 to sell her timeshare. She passed the info to me and I called them. Chris Johnson told me to send by timeshare info and that they were representing companies that wanted to buy time shares in Mexico for their employees to visit. They sent us an offer and contract. They contacted us by phone and email. Early in the deal, they started asking for money for a tax number and taxes for the state of Narit. The deal seemed very real as we talked to someone from the SAT office is n Mexico and the buyer Frances Harrington from the UK. Erickn Esparasa was our contact at Capital Transfer. Every time we paid money, the money appeared on n an escrow account. We finally agreed to make the last payment on Nov 15 2018 and then made a plan to travel to Mexico to receive a cheque for everything owed to us and the sale price of the time share. We talked to Chris Carter from Magnum Realty the day we left for Mexico City Nov 21 and he said a driver would pick us up at the airport. That is the last we have heard from anyone. When ther was no one at the airport, we called Erick Esparasa and he emailed me that he had been asked not to talk to us until the Mexican government dealt with Chris Carter. He gave us an address for the SAT office in Mexico. We went there by Taxi and were sent to another office where they told us our SAT paper was a fake and that it he person who had signed the tax document did not work for SAT. When we returned home to n Nov 30, there were special delivery documents to sign over the time share and that we had been paid. We have not heard from anyone. I can send all correspondence if that helps you. I hope these people can be found and punished. The amount they offer for the timeshare was $179,600 and we paid out a total of over$165,000 in taxes and fees. We have requests for transfer and transfer receipts for all.