Court Shuts Down Timeshare Resale Scam, Alleging Fraud

timeshare scams
timeshare scams

A telemarketing scam that swindled timeshare owners trying to unload their properties has been temporarily shut down by a federal court.

The temporary restraining order, issued at the Federal Trade Commission's request, names Florida-based Vacation Property Services, Inc.; Vacation Property Sellers, Inc. d/b/a Timeshare Experts; Higher Level Marketing Inc. d/b/a Vacation Property Services; Albert M. Wilson; David S. Taylor and Frank M. Perry, Jr.

Since 2006, according to the FTC's complaint, Vacation Property Services and the other defendants made hundreds of thousands of unsolicited telemarketing calls to timeshare owners, lying about their ability to swiftly find buyers for their properties.