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No.
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Mind Timeshare says

Data protection has been in the news recently, partly because of Facebook’s troubles and partly because of new regulations that came into force in the E.U. last May 2018.

The E.U imposes requirements on any business that handles the data of UE citizens, and one of these requirements is CONSENT. Consent that can’t be passive. You need a deliberate clear option that can be withdrawn at any time.

A claims Company need to get explicit permission to call and to hold data about timeshare owners.

Neither solicitors nor anyone working for them is allowed to telephone timeshare owners offering their legal services.

These ‘dubious marketers’ making cold calls in relation to timeshare schemes infringe the General Data Protection Regulation (UE GDPR).

It is estimated that 300.000 European timeshare owners have received unsolicited contact about their timeshare since 2010.

Dubious claim companies have caused real distress to timeshare owners.

We advice timeshare owners who may have been affected to be vigilant and to ask the company to remove their details from the list and to reort cold calls to the ICO (if the company is British) or the “Agencia de Proteccion de datos” (if the company is Spanish).

Have you been cold called by a claims company?
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General Discussions / Re: Barclays Partner Finance
« Last post by Sandra Jennings on December 13, 2018, 16:30:42 »
what do expect from a bank, it's a bank--?
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Club La Costa / Re: CLC former ermembers
« Last post by pandmdocking on December 12, 2018, 18:25:50 »
wit woo, have CLC stopped selling timeshares as my friend was not offered another presentation this year ?????
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Three men will be charged in court for cheating victims in timeshare recovery scam, which involved 20 persons paying a total of S$200,000 to the company to engage its services between 2012 and 2013.

The Singapore Police Force said that its Commercial Affairs Department investigated a company which offered to help members of a specific timeshare scheme terminate or recover monies from their timeshare memberships.

The police stated that three men, aged between 34 and 57, who were found to be associated with the company were charged in court on 7 December 2018 for cheating and abetment to cheat, by making various false representations to timeshare scheme members, such as purporting that the company had successfully helped other timeshare members terminate their memberships and/or recover monies or purporting that the company was appointed by the timeshare membership’s developer to terminate or buy back the memberships.

If found guilty of the cheating related offences, one will be liable to imprisonment for a term not exceeding 10 years, and may also be liable to a fine.

The Police advise members of the public to be vigilant when receiving unsolicited calls from companies or persons purporting to help them recover monies from their timeshare memberships.

Members of the public should be wary when a stranger calls you regarding your timeshare membership, refrain from providing any personal information, including information on your timeshare membership to the caller, conduct background checks on the company before engaging its services, and check with your timeshare developer if the caller was authorised by the timeshare developer to deal with your timeshare membership;
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Timeshare News / A Bottomless Pit into Which You Pour Money
« Last post by TimeshareTalk on December 10, 2018, 17:07:37 »
Timeshare Nightmares: Don't Let This Happen to You

Hours-long, pressure-filled timeshare encounters leave two couples in tears. Consumers can learn a lot from their stories. Here's what to know about timeshares before getting talked into attending a sales presentation to get a free lunch or tickets to a theme park.

If you’ve booked a trip to Las Vegas, a Florida vacation destination or the Mexican Riviera, the odds are that upon checking into your hotel, you’ll be offered anything from free breakfast, lunch or dinner to Disney World tickets just for attending a “90-minute sales presentation.”

If you agree, by sheer magic, 90 minutes will morph into half a day or an evening, and could — doesn’t have to, but could — place a financial harness around your neck that will be difficult to remove if you sign their timeshare contract, for that’s what they want you to buy, a vacation timeshare.

“Right after signing the contract — or years later — most will come to realize that buying the timeshare was the worst financial mistake of their lives,” says Scott Morse, director of operations at Resort Release. The Rockford, the Ill.-based company, rated A+ by the Better Business Bureau, is dedicated to helping owners “become free from the never-ending expense that timeshare ownership means.”

A timeshare is a property — typically in a resort condominium development — where buyers acquire the right to use a unit or a similar accommodation for a specific period of time, typically a week or two once a year. So, each condo will have many owners, each acquiring a deed for their fractional interest. With other properties, a buyer has a right to use the property but does not actually own a share of it. Finally, some timeshare companies just sell points that may be used at properties all over the world.

Worldwide over 20 million people own timeshares, according to market research firm Ragatz Associates. While there can be valid reasons to own one – such as forcing yourself to take a vacation with the family as you paid to use your little piece of paradise — at some point, many owners will regret ever hearing the word timeshare.

A Bottomless Pit into Which You Pour Money

If you tend to speak like a 2-year-old — when every word uttered is “No!” — then it’s probably safe for you to attend a timeshare presentation. But for anyone else, the chance at a free lunch or theme park tickets may not be worth spending hours of your time listening to sales claims such as, “It’s a great investment which will increase in value, beat ever-increasing hotel rates, yield family fun, and can be left to your heirs.”

Statements such as those are red flags, says Morse, because the reality is something else entirely.

“One of the many lies is that these are investments and can be sold for more than what you paid for it. This is complete nonsense as they are never a financial investment. They are a bottomless pit into which you pour money forever, and most have no resale value. With their never-ending yearly maintenance fees, they become the most expensive hotel rooms you could ever book.”

In fact, some owners are willing to give them away in order to stop paying these fees, he points out, adding, “Just search ‘Buy My Time Share for One Dollar.’”

We did, and he’s right.

Morse recognizes that for certain families, “A timeshare can become an investment in memories, its value found in ‘locking’ a family with young children into taking a vacation. The reasoning goes along these lines: ‘We paid $15,000 for it, are hit with $2,500 yearly maintenance and tax expenses, so we have to use it!’”

We asked Morse, “But what happens when the kids are off to college and they no longer take a vacation as a family?”

His answer is one of the key reasons that timeshares can become a horrible waste of money: “We have clients who have not used their timeshare for years, yet the maintenance fees — which can run thousands of dollars a year — continue.”

High-Pressure Tactics: 2 Couples Share Their Stories

Some time ago my law office was contacted by two couples who went through frightening, similar experiences — saying they were held against their will, victims of duress — by the same Las Vegas timeshare developer.

One couple was in their mid-70s: Dale, a Vietnam vet who flew F-4 Phantoms, and his wife, June, who has dementia. They had owned a Vegas timeshare for several years, but seldom are able to use it as the dates they wanted were “almost always booked up,” Dale said. Finally, they got lucky and a room was available.

When checking into their timeshare hotel, they asked if there was a way to lower the $2,500 yearly maintenance fee. They were directed to speak with Alex, a sales representative. It was the beginning of a nightmare where they were “mentally, and it seemed physically, held captive for hours,” they said.

“For more than four hours, we were yelled at, not even allowed to use the bathroom until we had purchased a new timeshare for over $10,000, including ‘closing costs’ of $2,800 put on a credit card, which I kept telling them we did not want!” Dale told us tearfully.

Do these things really happen? “You better believe it,” Morse says, adding that the elderly and people in poor health are often targets. “They are terrified of getting up and walking out — they are truly paralyzed with fear.”

We would have liked to have given you the timeshare industry’s comment on this situation and the timeshare business in general, but despite several voicemails and email requests to the top PR representative at the American Resort Development Association — one of the nation’s leading trade groups — I never received a response.

We left voice mails for the Las Vegas developer’s media contact person and their general counsel, never receiving a callback either, but the next day Dale and June got an email stating, “We are canceling the contract and refunding your payments.”

It was the same story at the same property for the other couple who contacted my office, and their story stands as the perfect example of people who should stay light years away from timeshare presentations. Sixth-grade teacher Rex and his hairstylist wife, June, are both in their early 40s. They are a very nice couple, which can sometimes be a problem.

"We can't say no, which is why we bought the timeshare in the first place, years ago,” June admitted. “We didn't want to spend any more money on it, but they kept us for hours in the salesroom. We both were in tears and not allowed to leave until we purchased $15,000 worth of ‘points’ and ‘closing costs’ of $3,400." Rex sat there, next to his wife, obviously embarrassed, tears running down his cheeks.

We were able to get their contract cancelled as well, but no refund of the $3,400. They were happy just to be free of the timeshare.

We can’t tell you who the bad guys are as a non-disclosure agreement was required in the settlement.

“In many cases, people have been kept in a room for over 10 hours, not given water, not eaten, they are exhausted and sign contracts just to get out of there. At least once a month someone comes to us who owes over $150,000 in timeshare debt. We have met people owe more than what their house is worth, it is so scary,” Morse underscores.

Of course, you are probably thinking, if this is going on, why aren’t criminal complaints being filed?

While Las Vegas does have a competent police department, we discovered a shocking lack of interest when the right people were contacted. “Oh, you need to talk with Nevada’s Real Estate Department,” we were told repeatedly, and did, only to discover a similar lack of concern.

Why? Could it be a five-letter word spelt M-O-N-E-Y? Timeshare sales is big business in Sin City.

Who Is Most at Risk of Becoming a Victim?

Is it just the impaired, elderly or nice people who can’t say no who get sucked into timeshare contracts? Is there an ideal victim of a timeshare sales presentation? No, Morse says. “We have spoken to people at every level of education, from all walks of life who have fallen victim to these presentations, including lawyers, doctors, journalists and television talk show hosts.”

So, what is the bottom line for consumers? If you’re presented the opportunity to attend a sales presentation, tempted by the free breakfasts or other rewards, understand before going in that you are going to meet some of the world’s best salespeople who will, as Morse says, “Appeal to the fact that you have probably fallen in love with the resort and your emotions will cloud reason, as the pressure mounts to buy today. They do not want you to consult with your financial adviser or lawyer and will shower you with fairy dust — extra points — to get your signature on their contract.

“Buying a timeshare is an emotional experience, and if you’ve already bought one, upon returning home, immediately meet with your financial adviser or lawyer, listen to their advice. If they tell you to cancel, then follow the specific method outlined in your contract.”

But it gets even worse. Stay tuned, because, in a future story, we’ll look at how scammers steal millions of dollars from timeshare owners, singing the sweetest song they could ever imagine hearing: “We have a buyer for your Mexican timeshare!”
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General Discussions / Barclays Partner Finance
« Last post by TimeshareTalk on December 10, 2018, 10:26:29 »
Timeshare - Barclays Partner Finance.
One of Britain’s biggest sub-prime banks 'Barclays Partner Finance' [BPF] has been told to compensate the customers who were mis-sold loans. The loans were sold as “buy now, pay later” loans sold by the Timeshare resorts without proper oversight.

“Where any customer detriment is discovered, BPF have stated they will act swiftly to identify and fix the root cause and learn how we can prevent it from happening again”.

This announcement comes after a swath of claims presented against then by consumer assisted by TESS and others. Because of an internal investigation into Barclays BPF, which is the consumer lending arm of Barclays Bank, they reportedly have identified a lack of supervision over timeshare resorts who in a lot of cases have been selling loans, whilst not authorised to do so.

The damming news is that in a lot of cases, it’s not just timeshare loans that were mis-sold but also cars, furniture, satellite dishes, insolation, home improvements and furniture. BPF knew or ought to have known that retailer and resort merchants must be regulated to sell the loans they provided, however, they (in many cases) have turned a ‘blind eye’ to the laws causing alarm and the descent of the courts who have ruled that should a loan be sold by an unauthorised merchant, it will be deemed unlawful if ‘detriment’ can be established.

Read more, by connecting to the link provided

https://tesslimited.co.uk/wp-admin/post.php?post=6263&action=edit
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Timeshare News / SINGAPORE Three Timeshare men have been charged
« Last post by TimeshareTalk on December 07, 2018, 18:06:01 »
SINGAPORE — Three men were charged on Friday (Dec 7) for their alleged involvement in a scam, where victims were cheated into believing that the suspects could help them terminate or recover money from their timeshare memberships.

Mohammad Herianto Abdul Hamid, 34, Justin Bernard Colond, 34, and Tamilmani Rajamani, 57, were associated with a company that offered to help the timeshare members.

Twenty victims had paid a total of S$200,000 to the company to engage its services between 2012 and 2013.

According to the police, the suspects claimed that the company had successfully helped other timeshare members terminate their memberships or recover money.

They also claimed that the company was appointed by the timeshare membership's developer to terminate or buy back the memberships.

The three men are due back in court on Dec 26.

If found guilty of cheating, they face a maximum jail term of 10 years and a fine.

"The police would like to advise members of the public to be vigilant when receiving unsolicited calls from companies or persons purporting to help them recover monies from their timeshare memberships," said the authorities.
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No immediate relief for timeshare owners in consumer watchdog report

Recommended changes to the laws will take a long time to finalise, so consumers remain at the mercy of the industry in terms of cancellation of existing contracts

A long-awaited report on the inquiry into the timeshare industry has recommended that all timeshare contracts, including the purchase of points and membership application agreements, be defined as fixed-term contracts in terms of the Consumer Protection Act.

The National Consumer Commission report recommended that the rights set out in the act for consumers regarding the cancellation of fixed-term contracts also automatically apply.

However, these recommended changes to the legislative regime will take a long time to finalise and in the meantime, consumers will be at the mercy of the industry in terms of the cancellation of their existing contracts.

Any legislation would also not be retrospective, and it would, therefore, depend on the willingness of the industry to change its practices with regard to existing contracts.

There is widespread frustration and anger on the part of timeshare owners about “in perpetuity” contracts, which provide owners with no means to extricate themselves from them. The commission has received a flood of complaints about these contracts over many years, as well as during public hearings held by the inquiry panel throughout the country last year.

National Consumer Commission commissioner Ebrahim Mohamed said at a media briefing on Thursday that the major problem experienced by consumers was with the 'points system' within the timeshare industry, and most of the recommendations of the report addressed these problems.

The report recommended that the regulatory framework for the timeshare industry be revised to provide consumers with protection. That would, among other things, require that intermediaries be compelled to provide consumers with certain prescribed information before contracts were concluded. That would address the question of misrepresentation and the way consumers were lured through “fancy and glitzy” presentations into signing contracts immediately, Mohamed said. A coordinated, streamlined and simplified disclosure regime should also be provided through regulations under the Property Timeshare and Control Act. This would also compel the industry to disclose certain prescribed information to purchasers before the signature of contracts.

Provision should also be made for the cashing in, exchange and resale of points. Mohamed noted that existing entities performing this critical role lacked independence from the industry and there was an absence of known guidelines and methodology for the evaluation of points. A proposal has also been made that the administration of the 'Property Timeshare and Control Act' be housed in a dedicated regulatory authority.

Other recommendations fell under the jurisdiction of the Competition Commission, the National Credit Regulator and the Companies and Intellectual Property Commission.

Mohamed anticipated that the recommendations would be implemented over the medium to long-term. Short-term measures would depend "on the willingness of the industry to engage in good faith with us and other stakeholders and regulators”.

Mohamed said he had accepted the recommendations made in the report and had held meetings with trade and industry minister Rob Davies about them. The minister had agreed in principle that an overhaul of the regulatory framework was needed to protect consumers.
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Canarian Legal Alliance / Re: Some History of CLC and Eugene Kaiser
« Last post by Imthemug on December 04, 2018, 19:45:25 »
forgot to sya------have they
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