Got our 11-01-2010 Whistler V.C. Twin Peaks Board letter over the weekend. Yes, we are long time owners of Whistler Vacation Club, Twin Peaks....this year it all came to a head with Evergreen Coast Developments. Ltd, getting fired for illegal loans to West Coast Timeshares & loans are in default, ($1.1M owed to Twin Peaks, with $660K unrecovered) and Point to Pont Destinations is in this mix and Vacation International. Duel Directors and Officers of these most likely scam entities set up to charge high managment fees and skim members' money off to themselves.
Now we are asked to pay up a special assesment for Twin Peaks of $408.48, now, in addtion to 2011 dues. Convoluted mess, but it shows how real owners can "sleep at the wheel" and let the likes of Johnny Saldat, Payman Mehrani, and Lynn Cartwright and their minions steal them blind.
Owners need to "audit" their own Board members and actions, including any "amemded" bylaws, etc. and scrutinize fat management fees, CPA firms connected to Directors and other large unessary fees/expenses.....you sleep at your own peril.
I can only assume BC policeand or WA police have been alerted that a crime has been committed, but will know more soon. I smell a civil suit against the former Directors and Officers and the law firms and accounting firms that aided them in this theft of member money.