Timeshare Scams and Fraud

9/29/20 Got a call yesterday from this company who wants me to rent my RCI points for an Orlando FL convention. You pay the fee upfront, they "guarantee" payment within 60-90 days after you sign the rental agreement. They handle the rental for events and said you can only do this once a year because you are making money. One of two options was I rent 6 1 bedroom/1 bath rooms, which the fee is $399 to RCI for each one ($2394 total). They in turn find the renters and you get paid back $6006 net income. Sounds too good to be true and I couldn't find much online so I contacted RCI. They do not authorize you to rent points to anyone else. We didn't want to take a chance at not getting paid back. Anytime you have to pay money to get money it's generally not a good idea.

To whoever this complaint concerns,

My son and I feel like we have been nothing but lied to from Holiday Inn. My son is trying to go through college and he does not need this burden. I can not afford this anymore. It has been stress on my family and we just want out of this money pit. We have been lied to about everything to do with this from the beginning. I have left other complaints and never even received a response so someone needs to reach out and help tell us how to get out of the timeshare.

Thank you and many blessings,

I am very upset with Holiday INN and how the treat me as an owner I feel like I was scamed into buying into a debt. I want out now and my money back

Company says that their client, Mario A. Ceballos wants to buy 10 of my weeks at a Palace Resort in Cancun, for a golf tournament, for $4500.00 U.S. per week (total $45,000). I called Palace Resorts to inquire about the legitimacy of such an offer, and they said these types of offers are definitely scams.

They almost got me with activating my RCI bonus points. They did not have me log into my RCI account. They said they would take care of the activation after I "docusign" documents they were going to email to me. I took the conversation far enough to see the scam. The web site looks legit but was created in 2020. The address has 40 companies using that address. Do not give credit card info or "sign" agreements giving someone else the ability to activate RCI bonus points for you. They promised bids within 90 days. Reservations for RCI activated points must be made within 45 days. They promise to "list" the property for rent. If not rented within 180 days, they would relist for another 180 days.