Recent Posts

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Shark Alley / Re: Silverpoint Club Paradiso re-sales
« Last post by fangfarrier on August 11, 2019, 11:23:48 »
Silverpoint's name change to Sygnallia did not seem to last long.  Sygnallia seemed to be in dispute with Excel Hotels.  Club Paradiso members seem now to be in difficulties.  Anyone know of any updates to this situation?
General Discussions / Re: Norm de Plume - Retirement
« Last post by ex Anfi (35351) C.D.N. on July 31, 2019, 18:58:56 »
Wishing you a very long and happy retirement Norm de Plume. Your advice and guidance has always been invaluable to many readers on this website. We did converse some years ago, however, I was using a different ‘tag’ then. Enjoy and my sincere best wishes to you, THANK YOU Norm de Plume.   
General Discussions / Re: Norm de Plume - Retirement
« Last post by David Cox on July 30, 2019, 15:33:28 »
You never to old buddy, but at 76 its well-earned, long time coming and was dam nice to have met you.
General Discussions / Re: Norm de Plume - Retirement
« Last post by TimeshareTalk on July 30, 2019, 15:30:57 »
Time catches up with us all. Hope you enjoy the bliss and it goes with says your contribution was, is and will always remain appreciated.
General Discussions / Re: Norm de Plume - Retirement
« Last post by daveh44 on July 30, 2019, 09:58:17 »
I have always read your responses and advice with great interest and admiration.
Thank you for helping others , not as knowledgeable as yourself.
Enjoy your "retirement"
General Discussions / Norm de Plume - Retirement
« Last post by Norm de Plume on July 30, 2019, 09:45:02 »
Having reached the ripe old age of 76, I think it is time for  me to retire from this website. I hope I have raised some money for Prostate Cancer UK. I myself have made no money from what I have contributed. Others have, and some have been saved fairly substantial sums of money. If they feel any sense of gratitude, perhaps they might like to mark my retirement with a donation to the charity without whose efforts I might well not have been here to give such advice.
Timeshare News / Re: Donaldson Bruce Associates cold calling
« Last post by Athena Law Solicitors on July 26, 2019, 20:07:53 »
I usually do not comment on companies but some of the things this company have been saying to consumers on the phone is an utter disgrace.

Their set up has the hall marks of a scam.

it they wish to crawl out from the shadows and threaten defamation they know where we are.
An American man will serve 20 months in prison for his role in orchestrating a massive telemarketing scam that defrauded more than 1,000 timeshare owners, which included dozens of Canadians.

Michael Kroger, 60, pleaded guilty Tuesday to conspiracy to commit mail fraud and wire fraud, swindling his victims out of more than US$780,000.

The judge overseeing the case said Kroger showed no remorse for the financial and emotional impact his crime had the victims and ordered him to pay $212,396 in restitution.

According to CTV, a total of 58 of Kroger’s victims were Canadian. They came from Ontario, Manitoba, Alberta, B.C., Saskatchewan, New Brunswick and Quebec.

According to court documents, the scheme lasted between 2000 and around March 2010 and involved two or more people who agreed to carry it out.

In around 2004, Kroger joined in on the ploy to fraudulently get money from timeshare owners. He, along with co-conspirator Michele Paonessa, created fake companies and false contracts to lure in victims seeking to sell their timeshare ownerships. According to a statement from the Attorney’s Office, the fictitious contracts required the timeshare owners to pay a fee in order to process the fake documents relating to the sales, as well as covering the closing costs.

Kroger and Paonessa then used the victims’ money for themselves and to further the scheme. If victims contacted police or the Better Business Bureau, Kroger and Paonessa would then abandon their current business and create a new one, which they used to continue to commit more fraudulent acts. In total, the pair created 29 fake companies and not a single timeshare ownership was actually sold during the course of the 10-year scheme.

Paonessa has also pleaded guilty and is expected to be sentenced next month. She could face up to 20 years in prison.
   By: Jackie Callaway
Virginia Upton said she vacationed at a Daytona timeshare with her husband Wes for nearly 20 years.

“We went every year there,” said Upton.

Then in 2012, Wes passed away and Virginia no longer wanted or needed their timeshare on the beach.

In 2016, Virginia said she got a call from Vacation Consulting Services.

“They [said they] would take over the property take over the ownership for my payment of $4,994,” said Upton, who charged the fee to her credit card.

But Vacation Consulting Services never followed through on its promise and the Better Business Bureau said she’s not alone.

In a study, the organization found 10 timeshare exit companies in Missouri have generated hundreds of complaints across the country.

Upton and nearly 100 other timeshare owners reported $670,000 in losses from Vacation Consulting Services within the last three years and the Attorney General’s Office in Missouri reported more than 80 complaints about the company.

No one answered the phone at Vacation Consulting Services and efforts to reach the company were unsuccessful.

Experts say you can protect yourself from these so-called timeshare exit companies by steering clear of any company demanding the money upfront.

Timeshare owners interested in ending their contracts should also contact the resort directly to find out about any exit options. In Upton’s case, she was able to pay a $200 fee and deed her ownership claim back to the resort.
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