Acquisition Realty Group - Scam Warning

[TUGBrian]

Just another run of the mill upfront fee scammer, but getting the name out hopefully will allow potential victims to find this warning before losing money!

BBB Warning: Consumers report losses in selling timeshares with Acquisition Realty Group

Consumers report to BBB St. Louis that they gave Acquisition Realty Group money to cover fees and taxes for a timeshare transfer, but the deals have not been consummated.

www.bbb.org

kudos to the @STLBBB for continuing this fight!

 

[LannyPC]

kudos to the @STLBBB for continuing this fight!

Fair enough. Good for the BBB to put out this warning. But it continues to boggle my mind why the BBB continues to allow such companies. Yes, I understand the good old American way of innocent until proven guilty, but doesn't whoever at the BBB who has the authority to accredit these companies not see a pattern with companies who are timeshare associated?

It just seems (at least from my personal observations) that there is a pattern of scam TS-related companies who join the BBB, get a lot of negative reviews and complaints because they scam TS owners, then the BBB issues warnings. Am I missing something here?

 

[RX8]

Fair enough. Good for the BBB to put out this warning. But it continues to boggle my mind why the BBB continues to allow such companies. Yes, I understand the good old American way of innocent until proven guilty, but doesn't whoever at the BBB who has the authority to accredit these companies not see a pattern with companies who are timeshare associated?

It just seems (at least from my personal observations) that there is a pattern of scam TS-related companies who join the BBB, get a lot of negative reviews and complaints because they scam TS owners, then the BBB issues warnings. Am I missing something here?

Most companies don't “join” the BBB. Some may pay to be accredited and in return they are required to meet certain standards, such as respond to customer complaints. If they are not accredited then they may or may not even have a BBB profile. It is my understanding that the BBB doesn’t even build a profile unless the business specifically requests it or in response to complaints. Doesn’t look like Acquisition Realty Group was accredited.

In this case there were only three complaints on this company* before the BBB began an investigation which then led to the BBB issuing the warning. Sounds like they were on top of this one.

While the warning is out about Acquisition Realty Group all that is going to happen is that these scammers will simply create a new name, or hijack the name of a real company, create a new website and start cold calling. It is a guarantee that we will read a future news story about how another timeshare owner lost thousands of dollars to this new company.

* I use the word “company” but in reality they are not a company. Like all the other “companies” running the same scam everything about them is fake (in this case they simply used the name of a real company).

Acquisition Realty Group | BBB Business Profile | Better Business Bureau

Not BBB Accredited. Real EMO in Saint Louis, MO. See BBB rating, reviews, complaints, and more.

www.bbb.org

 

[TUGBrian]

Believe they have also explained in the past that all the regional BBBs are separate entities.

 

[davidvel]

Fair enough. Good for the BBB to put out this warning. But it continues to boggle my mind why the BBB continues to allow such companies. Yes, I understand the good old American way of innocent until proven guilty, but doesn't whoever at the BBB who has the authority to accredit these companies not see a pattern with companies who are timeshare associated?

It just seems (at least from my personal observations) that there is a pattern of scam TS-related companies who join the BBB, get a lot of negative reviews and complaints because they scam TS owners, then the BBB issues warnings. Am I missing something here?

BBB does not have any "authority" to accredit anyone anymore than you or I do. Too much faith is put into BBB ratings/accreditation.

 

[bilodra]

Would you know if they are related or the same as Acquisitions Portfolio Development from Springfield, IL 62704?

 

[RX8]

Would you know if they are related or the same as Acquisitions Portfolio Development from Springfield, IL 62704?

So many scammers out there it hard to say if it is the exact same scammer. They have a website, but the owner information is hidden. There is no registered entity with that name filed with the state of Illinois.

I can tell you this though, Acquisitions Portfolio Development is a scam. They claim 15+ years in business, 500+ successful exits and $50M+ in "value recovered". The fact is that their website was created September 2, 2025, so just a few months old. Their "testimonials" look fake. Their phone number is a VoIP number meaning that the number may be from anywhere in the world. Their supposed address is 2501 Chatham Rd #6122 in Springfield, Ill. That building is only three stories and there are currently offices that are available for lease. Those offices for lease are suites #100, #300, #310, and #320. It doesn't appear that suite #6122 is a legitimate number for this building (note that it is common for scammers to choose a random address to falsely claim as being their address and then obtain a VoIP phone number with a prefix that matches the city). As of now, there is nothing on the internet about them except their website.

This is just another new website created by scammers for the purpose of scamming timeshare owners.