Professional Investment Solutions

HAs anyone here had any dealings with this company? They are offering to buy my timeshare and are apparently using a very legitimate looking title and escrow company to complete the contract.

chulib48 said:

HAs anyone here had any dealings with this company? They are offering to buy my timeshare and are apparently using a very legitimate looking title and escrow company to complete the contract.

Click to expand...

Unfortunately, this is most likely a scam:

This is how it works:

First, they tell you they have a buyer for FAR MORE than the resale value of your timeshare.

They will tell you that there are no upfront fees, and you don't have to pay anything.

Then, when they have you good and hooked, a "surprise fee" will pop up, that you have to pay to get the big fat check. They may call it taxes, commission, escrow fees, title fees, title search, or any number of bogus fees.

But, they assure you that your fee will go to a reputable escrow account, and you will get it back after the sale, and they will even send you a link to a reputable escrow company's website.

BUT - when they send you the info. to wire the fee, they will have to send it to a different account - usually outside the country, where you have no recourse.

Then they disappear, with your fee - yeah, they steal it.

Id imagine you will find they raise most if not all of the red flags here:

http://tug2.net/timeshare_advice/timeshare_company_legitimate.html

chulib48 said:

HAs anyone here had any dealings with this company? They are offering to buy my timeshare and are apparently using a very legitimate looking title and escrow company to complete the contract.

Click to expand...

If you have the address or even the state alone, along with the name google them on the BBB site. I use this quite often to see any complaints, etc.
Denise and Brain are correct, ALL SORTS OF RED FLAGS.

sts1732 said:

If you have the address or even the state alone, along with the name google them on the BBB site. I use this quite often to see any complaints, etc.
Denise and Brain are correct, ALL SORTS OF RED FLAGS.

Click to expand...

Yeah, the word INVESTMENT alone is a tip off to me.

There is no doubt that this is a scam. As others have posted there are many red flags. While BBB is one thing to check many times these scammers have created their scam company only weeks before they start their scamming ways so BBB may not have any info.


Red Flags for Professional Investment Solutions:

• Website created May 2016
• Although they claim they are located in CO, the satisfied "customer" names on their testimonials look like they were all pulled from an Eastern European phone book.
• The address in Denver is a virtual office.
• The scammers stole website detail from www.worldtravelservice. Among others, a few of their "testimonials" are exact copies from this website.
• Their website claims the business was started in 2008 by Claudine Childers. This is contradicted by the website start date. Also, see below.

This scammer seems to have gone a little further than most. There is an active company called Professional Investment Solutions, LLC with the state of CO. However, a close look reveals that this was a dormant LLC until May 2016 when a someone paid $100 to reactivate the LLC. The document lists the Denver, CO address of the scammer and the registrant is someone named "Claudine Childers". Both the CO address and name Claudine Childers are not the same as listed on the original LLC documents filed in 2008.

I suspect that this scammer found this particular LLC on-line and submitted false documents with the state of CO to activate it. The purpose was so that they can point potential victims to their active LLC, which CO shows has been around since 2008, providing them with a false sense of security. This cost the scammers just $100. This also explains why the legal name of the entity has nothing to do with timeshares or brokering.

Finally, the telephone number on the website is listed as being a landline. Most scammers use VoIP numbers. Again, I believe that this is used as "proof" that they must be legit.

Based on the recent website creation, stolen information from a legit website and a phone call that they want to buy a timeshare for far more than it is worth all adds up to a scam on its own. The other detail provided will hopefully deter anyone who might be swayed by their "proof" of legitimacy. Hopefully this thread will be seen by those who Google this "company".

These people have been trying to reel us in since October. I've smelled a scam since the beginning and have googgled everything having to do with them. I couldn't find anything that would convince my husband this is a scam. He says he's not going to give them any personal bank information but he's about to send them a cashier's check. Which I think they'll found a way of calling anyway. Funny thing is that while nothing but a choppy website pulled up with search keywords 'Personal Investment Solutions,' which is the name of the company on the first paperwork they sent, this tugbbs website popped up when using keywords 'Claudine Childers Loyd Title and Escrow LLC' she's the supposed CEO of the escrow company as shown on the Purchase/Sale/Escrow Contract waiting on my signature. I also called the number Luis Torres, 'supposed' President of Professional Investment Solutions and that suite 2800 had no record of him nor the company. Thankfully, I'm still not convinced of these people so I haven't signed this contract. Hoping to convince the hubby they're a scam by using this site. Thank you!

I have consistently observed over a number of years now that any and every timeshare related entity suddenly appearing out of nowhere (very often during this particular time of the year) with the word "solutions" in its' name is, ironically, always just "problems" instead.

'Tis the season. As reliable as the sunrise, these parasites seem to crawl out of their holes in the ground during the fall and early winter every year, slithering out to offer their (...ahem) "services" when maintenance fee bills are issued and becoming due --- but perhaps that timing is is just a remarkable coincidence.

In any event OP, these thieving parasites are not going to buy your timeshare --- not at any time and not at any price. Period, amen. Their song and dance routine aside, the sole purpose of their existence is to take your money. Do yourself a favor and just pretend that you never even heard of them.

glad your google searches resulted in you finding this site and you can finally convince your husband this is a huge scam!

JMaha said:

<snip> I couldn't find anything that would convince my husband this is a scam. <snip> ...he's about to send them a cashier's check. <snip> 'Claudine Childers Loyd Title and Escrow LLC' she's the supposed CEO of the escrow company as shown on the Purchase/Sale/Escrow Contract waiting on my signature. <snip> Hoping to convince the hubby they're a scam by using this site. Thank you!

Click to expand...

Please do not send them money. This will only result in you being scammed. Some more details below to hopefully convince your husband.

Professional Investment Solutions, LLC's agent when it was "reactivated" is Claudine Childers. Do not know if that is even a real person. However, you state "she" is also the owner of Loyd Title & Escrow, LLC. What that means is the scammer is both the "company" and escrow. That doesn't make your money safe by any means.

About Loyd Title & Escow, LLC. That is an active LLC that was created June 2016 (though their website claims in business since 2010). The registered agent for that LLC is "Loyd Title AND Escrow, LLC". What is interesting is that there is an inactive Loyd Title AND Escrow, LLC that was created in 2010 and dissolved in 2015. Note the "&" versus "and". It is no coincidence that they want you to confuse the two names. Note also the misspelling of Real Estate on their website menu as "Real State". Spelling and Grammar are not scammer's strong points. Finally, their website was created May 2016 (same as Professional Investment Solutions) and the registrant is located in Panama.

About Professional Investment Solutions, LLC. I had already pointed out that this was an inactive LLC that was reactivated at the time the website was created. I have no doubt it was done fraudulently. The original creator of that LLC is Franck Martin. If you REALLY want to know if that LLC/website is legit, call him. I would bet he has no clue someone has stolen his LLC. Google shows he is the owner of the Country Club Assisted Living located in Colorado Springs, phone 719 329-1200. A couple more possible numbers are 303 591-9158 and 303 591-1042. If you call him, please report back what you find out. I believe that this would provide your husband all the proof he needs.

Please show your husband posts 6 and 10. RX8 is our resident website forensic investigator (unofficially). If that doesn't convince him you can see how these companies thrive.