Timeshare sale -- they claim they have an offer

I know this sounds like a classic scam. I company called International Financial Management just called and has now sent me a "contract" to sell my Mayan Palace unit fo $14,500. This sounds like it isn't so, but how do I check it? Or do I just roll my eyes and stop answering their calls? I've lost money to these types before and so I'd like to report the scam to the proper authorities, but I don't know how to do that, either. HELP!

Your instincts are good - it's a scam!

More info. - http://www.google.com/search?client...national financial management"site:tugbbs.com

This is the bottom line - ANY company that charges a large upfront fee to sell your timeshare is a scam - period!

JanL42 said:

. . . just roll my eyes and stop answering their calls? . . .

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Yes. Or better yet block their calls if you can.

JanL42 said:

I know this sounds like a classic scam. I company called International Financial Management just called and has now sent me a "contract" to sell my Mayan Palace unit fo $14,500. This sounds like it isn't so, but how do I check it? Or do I just roll my eyes and stop answering their calls? I've lost money to these types before and so I'd like to report the scam to the proper authorities, but I don't know how to do that, either. HELP!

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Would you pay $14,500 for your current Mayan Palace ownership???

If yes, why would you sell it for that???

If no, why would someone else, who has not gone through the arm-twisting sales presentation, pay that much for it - especially when they could probably buy it for about $100 on eBay???

ANY group that calls YOU is 99% certain to be an upfront fee company. What are those? A group that makes great sounding promises to rent/lease/sell/transfer/etc your timeshare or system membership points at a good to great price. They often claim to have a buyer or a renter or a group wanting space, etc - but then YOU have to pay to assure the process gets done. In realty that is all they really want - the upfront money paid by you and they can basically disappear (you'll hear nothing more from them & they will be very hard to impossible to reach) to go after the next victim.

and then you will get a bill from them before the sale can happen for $4000 in Federal Mexican Taxes that are due that you have to pay before they can finish the transfer, which as I recall is a tax that does not exist, and poof there is your scam and the money goes bye bye as does the "buyer"

Dave

Dave H said:

and then you will get a bill from them before the sale can happen for $4000 in Federal Mexican Taxes that are due that you have to pay before they can finish the transfer, which as I recall is a tax that does not exist, and poof there is your scam and the money goes bye bye as does the "buyer"

Dave

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Then they might probably get an email asking for another $K? amount due in order to get their non-existent refund.

frenchieinme

Dave H said:

and then you will get a bill from them before the sale can happen for $4000 in Federal Mexican Taxes that are due that you have to pay before they can finish the transfer, which as I recall is a tax that does not exist, and poof there is your scam and the money goes bye bye as does the "buyer"

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They may also claim that any money you give will be held in escrow. This is just the latest scam. Their supposed escrow company is a fraud.

When I was trying to sell my timeshare, I had an offer from a company like that. I told them "great, please keep half the money as your commission and send me the other half". They said no, we must have $300 up front from you to complete the sale, bla, bla, bla.... I then offered them 90% ($6000) of the sale price and they would not take it. They wanted my money up front.

A few months later, I called their toll free number to check and see if they were still around. The number had been disconnected. Just as I thought, it was a scam.