[2009] Audit Recovery System

[DeniseM]

leary - Welcome to TUG!

Right now the market is flooded with people trying to get rid of their timeshare. The Avg. timeshare sells for 0-10% of the original retail price. Have you considered just giving it away to somone who can use it?

There are two places on TUG where you can give away your TS's for free (no charge for the Ads.)

TUG Marketplace - the only cost is your TUG membership - $15 (List it for $1 and it will automatically go in the Bargain Basement Ads.)

Bargain Deals - just write a simple post with all the pertinent info. - zero cost.

To make it more attractive I would:

1) Pay 2010 maintenance fees

2) Pay for the title transfer (you can get a simple professional transfer for about $100)
I've used this company and the owner is a Tugger.

3) Reserve a popular holiday week in 2010 for the new owner​

Good luck!

 

[Timeshare fraud help]

Actually, it is Boca Raton and we try not to give personal information about our company as far as exact location for security reasons ONLY. I truly believe that in a short period of time this industry will change for the better as soon as there is a level of transparency and fairness. The timeshare resale marketing companies need to be completely held accountable for their overstatement and flat out lies. The credit card companies that allow these transactions to take place on an ongoing basis are just as bad, as they are making money on this as well. We are actually working to stop this and it's ok for all those skeptics. It keeps good checks and balances on all of us.
Paul

 

[tps report]

Happy with Service

I used Audit Recovery Systems and am happy with their service. Look, they worked for me on contingency and took their money only after I got a refund. The 50% was a little steep but I got scammed so what am I gonna do. They must have changed policies because the form I filled out only asked for my name and address which is on google anyways. I was a little put off by the pushy saleguy. I think his name was Jeff. I asked why he was so pushy and he was honest and said he was simply a salesguy with a quota. Overall they are a good company they moved quick and again they work with no money upfront, thats how a legitamite service operates.

 

[Timeshare fraud help]

Dubious

There are some companies which claim that they can get you out of a TS contract long after the period you can rescind. I believe the way they do this is by claiming that some kind of fraud was committed by the salesmen. I have heard nothing from anyone I trust that this is possible and/or is legal.

Isn't it a fraud to falsely claim that a fraud was committed when it wasn't ?

IMHO stay away from any company which asks you to lie to get out of a TS contract.

The timeshare market is full of predators who force you into contracts with malcontent. Most consumers aren't ultimately a victim of fraud, but rather by high pressure sales reps with iron clad contracts. The timeshare resale market is much easier to prove fraud as they cross all boundries.

Paul

 

[WFreer]

Help ...anyone..

I have lost over $5000 plus trying to get my timeshare sold and I found this company in the computer.. I am very leery.. I am so tired of getting scammed and who to believe anymore. Is there nothing we can do to get our money back? Is there ANY reliable companies out there to help or to sell properties.. I have a feeling this is something we are all going to be with for the rest of our lives and unless you pay a company to take from you, I understand this property gets carried over to your children when you are dead and gone.. IT NEVER GOES AWAY!!!!!

 

[DeniseM]

Hi and welcome to TUG!

So, are you saying that you were the victim of fraud when you bought a timeshare, or are you saying that you bought a timeshare and changed your mind?

 

[MauiLea]

Audit Recovery Systems, Boca Raton, FL

ARS charges a contingency fee to recover money lost to timeshare resale "advertising/ marketing" scams.

I have heard others say that a 50% recovery fee is exhorbitant; I don't believe it is. Lawyers who don't charge up front ask for a 30% of the award fee. Real Estate companies selling homes ($ 100K and up) ask for a 6% fee. Reputable RE companies selling timeshares ask for a 25% fee because the VALUE of the t/s is low. Let's say you sell a house for $ 200K; the commission is $ 12K. If you sell a timeshare for $ 10K, the commission is $ 2500. Most timeshares may sell in the $ 5K range or less and the commission would be $ 1250 or less.

In our locality, we have many services that will work with you and local government to reduce your property taxes. If they win a reduction, their charge is 50% of the first years savings. They don't take any money upfront. If they don't get you a reduction, they make $ 0 for their efforts.

If someone got scammed out of $ 1200 - 2500, you are guaranteed to NOT get it back. Wouldn't you be willing to give someone 50% of it IF you could get something back?

If ARS ask for NO money upfront, what's the problem?

We SHOULD be suspicious of any company that asks for money upfront. If you have been scammed and ARS is willing to help you recover the money, it seems reasonable to pay them "some" fee if you get it back. They aren't asking any money upfront. They don't get paid unless you get your money back. Maybe you can "negotiate" a lower % fee and put it into the contract.

I think Tuggers should be suspicious, but at what point do we all become paranoid? Read (AND UNDERSTAND) the contract. Don't pay anything upfront. See what happens.

We should report both the good and the bad experiences so we can all learn from one another.

And by the way, I don't work for ARS. And they didn't pay me anything to state my opinion. And, yes, sometimes I am gullible (and human).

 

[AFARR]

Is it just me....or does it seem that there's an AWFUL lot of

people with a one or two post history saying how good ARS is...and they managed to come directly to this thread.

I've seen this happen before (I'm a shooter, and one particular company with {shall we say} 'customer service issues' on a large firearms board suddenly had a bunch of newly registered members talking them up. The board admins checked it out and almost all of them came from the same IP)...usually means they're trying to get free 'word of mouth' advertising by fluffing themselves up.

AFARR

 

[MikeMarriott]

I have heard that this company has purchased or stolen databases of the many scam companies in South Florida and now are calling these poor individuals that were scammed out of $2000 a clip and getting them half back. Nice guys

 

[Rent_Share]

I am sceptical of the newbie touts, but . .

As I understand it, they do not require an upfront fee YES/NO ?

They are chasing LOST money

Yes there fee is seems high, but would you rather have 50 % of something than 65 to 75 % of nothing

50 % is the normal collection percentage for commercial collections under $500 - Then it slides down to 35 % YMMV - up to 2K and edges down slightly as the principal amount increases.

As to the previous posters claims - There are plenty of stolen lists out there - I am getting daily calls to "rent" my Worldmark Points - That has to be a stolen list since it's not a recorded deed but a membership managed by a corporation.​

Obtain a list of Deed Holders to Timeshare Properties

• Most would have been invited to a PCC seminar
• Most would have received a call saying there is a buyer just forward and appraisal fee . . . .
• Or some other half truth intended to meet the terms of the credit card agreement to avoid a charge back.

It's just a number's game a certain percentage would have fallen for the original pitch - and are potential clients for the recovery service.

 

[Ermel]

ARS.........


Yes, Hello everyone, I stupidly or whatever you want to call it, have spend over $9,000 on Timeshare resale attempts, each salesperson on the phone I talked to was better than the last one, so I desperately agreed to spend money up front for what, now I know, was just an elaborate con game by timeshare resellers.
I was contacted by ARS, after complaining to the Florida Attorney General.
They said they would recover these resale fees from the Credit Card co. and I would pay them only after I receive the credit back to the account(No money up front).
I am now in the process of doing this and I will diligently report to all, the results, when the dust settles. Please stand by!
If they are legit, I will post it, if they are a scam, I will post that too!
I am willing to post copy of credit, when and if I get it! I am not associated with ARS in anyway.

 

[MauiLea]

Yes...I guess I am a "Newbie."

I hear you guys calling me a "newbie." In a way, yes I am new to these blogs. However, I own multiple timeshares (4); one for about 12 years and the more recent one about 4 years. I am always willing to learn more about the timeshare industry and issues that affect all owners.

Sometimes, it takes a newbie to get everyone to look at things a bit differently.

The reason I joined these conversations is that I am upset about these scammers calling me and using deceptive techniques to get me to give them MY money. I may not fall for it, but plenty of others do. So, yes, I do file complaints with the BBB regarding these scammers and I don't think they take me seriously because I am not asking for compensation (since I didn't lose any money).

I was just wanting to point out that I hear:
1. Do NOT trust anyone who asks for money upfront.
2. Do NOT trust anyone even if they don't ask for money upfront.
Confusing?

Thanks for welcoming me to your group and I hope to learn more as I mature.

 

[TUGBrian]

I am not sure that anyone has tried to steer anyone away from any organization that will work on your behalf on a CONTINGENCY basis...ie taking their cut after they have returned to you what was promised to begin with.

however there HAVE been reports of organizations that claim to be able to obtain a refund of your previous scam payments, but then require you to pay THEM upfront to start the process.

and as always, report any scam to both the atty generals office in the state YOU live in, and the state the company is based out of.

the only way the AG's will go after these companies is when they show up on the radar due to multiple complaints!

there is a list of all ag contact information in the TUGBBB forum here!

 

[MikeMarriott]

Might not be so bad had the reps of this company not worked at the scam resale companies. The reps made 50% off the original resale scam and now make 50% of the refunds. Nice little gimmick.

 

[Rent_Share]

And that makes them different from the PCC and listing companies that leearned their craft selling new units . . . .

 

[MikeMarriott]

What happened. Just like that, their website is down! LOL

 

[villaj03]

audit recovery systems

This is just another scam don't hand over your information. I went thru their contract and if you pay really close attention to point number 5. It says that they charge you based on a provisionsl credit you get from your credit card company which really happens in about 3 days. But then the timeshare company fights this and wins your money back if you have a signed contract with them. When this happens ARS will claim that it got the job done and they ask you for your money so now you are in debt 50% more of whatever the fee was to list your timeshares. its as far as I got back I didn't sign anything but I'm pretty sure that they will just keep lying to you and make all kind of excuses about not being able to get your money back.

 

[MikeMarriott]

Oh their site is back up.......Wonder what that was about?

 

[gilbertog712]

Scam Scam Scam

This company contacted me 2 months ago! They promised to retrieve the monies I had lost from timeshare scams. Audit Recovery Systems got me on the phone with my credit card company and they were able to get me a TEMPORARY refund! Key Word here is TEMPORARY! They charged me 50% of the refund total... after a few weeks, my credit card company reversed the charges saying that I was under contractual agreement. Audit Recovery Systems would not refund the money that they charged me. I am floored... I don't know what to do! Now I am out what I paid to the timeshare companies AND Audit Recovery Systems!

 

[TUGBrian]

This company contacted me 2 months ago! They promised to retrieve the monies I had lost from timeshare scams. Audit Recovery Systems got me on the phone with my credit card company and they were able to get me a TEMPORARY refund! Key Word here is TEMPORARY! They charged me 50% of the refund total... after a few weeks, my credit card company reversed the charges saying that I was under contractual agreement. Audit Recovery Systems would not refund the money that they charged me. I am floored... I don't know what to do! Now I am out what I paid to the timeshare companies AND Audit Recovery Systems!

Just so we are clear...

your credit card refunded the charge from the resort....then later went back and took the money back out again?

what was the reasoning for this?

 

[Timeshare fraud help]

Sir, this is Paul with Audit Recovery Systems and would invite you to contact our office to discuss the problem you had with your credit. If I may further explain the process to you and our fellow TUG members, you must first realize that a provisional or temporary credit from the issuing bank is just that. There is an entire investigation that goes beyond the initial dispute process. The quicker the dispute is filed the greater the chances of success in the ultimate recovery of funds. We have five stages of dispute resolution and can assure you that just because a bank comes back and states they want to reverse the charge, the case is far from complete. There is a tremendous amount of back office support including but not limited to investigative work, state and federal applicable law and visa and mastercard regulations that give us the authority to pursue their disputable or fraudulent activity.

I believe that you are making a mistake by not contacting our office to further communicate your needs as it is in no way our intent to harm our customers but rather to assist and get a refund.

This company contacted me 2 months ago! They promised to retrieve the monies I had lost from timeshare scams. Audit Recovery Systems got me on the phone with my credit card company and they were able to get me a TEMPORARY refund! Key Word here is TEMPORARY! They charged me 50% of the refund total... after a few weeks, my credit card company reversed the charges saying that I was under contractual agreement. Audit Recovery Systems would not refund the money that they charged me. I am floored... I don't know what to do! Now I am out what I paid to the timeshare companies AND Audit Recovery Systems!

 

[Timeshare fraud help]

Might not be so bad had the reps of this company not worked at the scam resale companies. The reps made 50% off the original resale scam and now make 50% of the refunds. Nice little gimmick.

This is Paul with Audit Recovery Systems. It is unfortunate that companies such as My Legal Refund and such have started coming out of the woodwork; whose owners were previous owners of resale scam companies like AMG. They are taking money by robbing you then taking your money again by promising refunds with a small upfront fee. You must be weary of these companies and you should do your due diligence about us as well. We are a for profit company that employs good hard working, passionate people that work hard for our customers. I'm sorry if you feel so threatned where you have to attack every company you hear is working in this market, but the fact remains, until this entire timeshare industry is leveled and built back up as a credible vacation destination that is not oversold and under maintained, where you can lease a property for a set period of time to enjoy and then walk away from for a set fee or time limit, then there will be the same rats running the industry from purchase through sale.

Lastly, think of us what you may, but I feel good coming to work and going home because my staff are honest, friendly, and intelligent.

Paul

 

[Timeshare fraud help]

What happened. Just like that, their website is down! LOL

Yes, our site had a glitch and went down for about 3 days while trying to transfer servers.

 

[TUGBrian]

We have five stages of dispute resolution and can assure you that just because a bank comes back and states they want to reverse the charge, the case is far from complete..

if there are 5 stages and this issue is not complete....why has the individual been charged the 50% recovery fee?

 

[MikeMarriott]

glitch?.....my homework shows your site was pulled down for copy and pasting material directly from a competitor's website. You gonna deny that? By the looks of it, you are gonna have serious problems with this business model.