DRI wins court ruling against Exit company Timeshare Compliance / Resort Advisory Group

[pedro47]

Wesley charges a fee. People sign up and whether anything happens or not they could care less. Most people will just ignore it and move on. Few complain or timeshares would not exist. Where is AmWay by the way. Took decades for that to fall. Do to laws enacted many timeshares will work with owners to take them back under stress conditions. But there are reputable lawyers that can get you out. I had a lawyer doing another job for me and he got me out for $5. Really. five dollars.

What city and state are you in?

 

[winterski]

Using a BBB rating for Fastest Exit of 4.5 and having been rated for 5 years, I bought in to the timeshare exit sales pitch of going after the timeshare resort owners in the courts of Mexico to recover fraudulently sold timeshares. ( deceptive sales pitch, outright fraud). Shortly thereafter Fastest Exit went out of business. It must have been a ponzi scheme.
The BBB of Arizona was responsible for the rating. Each office of BBB does their own thing apparently. We need a better business review tto get past the internet advertised fraudsters. ARDA is part of the group get togethers.

 

[TUGBrian]

Wesley charges a fee. People sign up and whether anything happens or not they could care less. Most people will just ignore it and move on. Few complain or timeshares would not exist. Where is AmWay by the way. Took decades for that to fall. Do to laws enacted many timeshares will work with owners to take them back under stress conditions. But there are reputable lawyers that can get you out. I had a lawyer doing another job for me and he got me out for $5. Really. five dollars.

there are no "new laws enacted" that require timeshares to do anything, this is another common lie told by exit scammers.

if there is an option to surrender your ownership back to the resort, you can accomplish the exact same thing yourself without the need for any lawyer or 3rd party. there is no magical secret strategy/law/process/loophole/etc that exists to end a timeshare ownership.

you give it away, give it back, or stop paying. thats it.

 

[winterski]

Yes sir. As a retired physician who has dealt with many 3-letter government agencies, the focus of late is inconsistent with government supervision of industries that affect the health and welfare of the public. In fact, the government agencies themselves are often purveyors of misleading information. I could go on for pages. But, I'm considerate. Suffice it to say a total overhaul is in order. Actually, I would prescribe an enema!

I complained to Profeco ( Mexican Government consumer protection agency). I can only guess that someone at Profeco sold my complaint to fraudsters. They set up a court settlement for my Lloydshare Ltd Inc timeshare linked annuity, which was not honoured. Fortunately my bank manager said it was a fraud and she would not send money to Mexico to release funds in a government account. The Mexican government will never ask for money upfront. They take their cut in taxes at the time of sale. Profeco does not respond to most email.
Fraudsters gamble, not about being caught because that is obviously a fact from the start, but gambling that no one will prosecute. With the internet, they have improved their odds immensely. Governments are basically just registries for most of the fraud activity and well financed fraud operations can outlast any individual legal initiatives. Rarely is anything taken to court, just as a start.

 

[GrampaTim]

As a business owner, and consumer, I've had many interactions with the BBB over the years. Let me explain it in the most basic form:

To have an A+ rating with the BBB, simply join, pay your dues, and you will be considered "excellent". Complaints are overlooked, as are judgements, etc. Just pay to be rated.
I have seen many fraudulent companies maintain those ratings. Even their own operations are highly questionable. I never look at them when considering a company.

 

[Smotu]

To answer your question, I do not know. I'd be lying if I said that the thought of complicity never crossed my mind. How many contacts should it take to get action? I am aware though that the BBB may be cautious when receiving e-mails from people who are not customers of the company. I wouldn't be surprised if some people have lied to the BBB about their competition hoping to lower their rating. I had sent a different BBB an e-mail about another exit company that had blatant lies on their website. That BBB looked at my LinkedIn profile, so I know they got my e-mail (I got a notice from LinkedIn). I never ask the BBB to take my word, I always request that THEY open an investigation. The facts are there if they just did a proper investigation.

In regard to the BBB that looked at my profile, the exit company was Encore Law, Inc. and their BBB profile (and Encore Law's website), reflected that they had been in business since 2007. The facts are that their Texas corporation was established in 2023. Their self-promotion articles also date to 2023. It is clear that they didn't exist prior to 2023. The other major concern, and there were others, is that their main office is in Tennessee, but there is no legal entity by the name of Encore Law, Inc. operating in the state of Tennessee (they should have at a minimum a Tennessee foreign entity filing linking back to the Texas corporation). I sent the concerns to the BBB and that is when they looked at my LinkedIn profile. I should add that no one from any of the BBBs that I have contacted have replied to me. That is fine with me, as long as they investigate. Anyways, the Tennessee BBB did investigate and there were some changes made to the company's website (the "founded in 2007" statement was removed") as well as the BBB profile (the business start date was changed to 4/1/2020). That business start date is still incorrect, and I have no idea where they are getting the 4/1/2020 date from as it does not reflect the facts. I should add that Encore Law, Inc., a traveling exit company that is not a law firm despite their name, is BBB accredited with a rating of B+ (they have 16 complaints). With all the lies made by Encore Law, including their start date, there is no doubt in my mind that they are a complete scam. If their true business start date in the BBB profile was 4/3/2023, as reflected with their Texas filing, their BBB rating would likely be lower, and they may not even qualify for BBB accreditation, two things that if in place would likely save a few people from losing thousands of dollars. Not getting satisfaction with the Tennessee BBB, I sent the Tennessee Attorney General a detailed e-mail outlining the concerns about Encore Law. The AG responded to my e-mail with a form letter acknowledging the receipt of my concerns. Below is the thread about Encore Law.

Attended a presentation by Timeshare Exit Company Encore Law

I will try to give away but if I don’t have any takers, and if the resort don’t want it back, ( in the website they said that they don’t) can my mom take over the contract and then defaulting I know sound bad but he give the idea on how get of this situation as soon as possible I went to a...

tugbbs.com

Important to add - if all BBBs were run like the Missouri BBB, we would be in a much better position. I have PM'd STLBBB multiple times with questions, and he has always provided me with insight and direction.

My sense is that BBB exists to make money more than it does to actually help us as consumers seeking accurate information. The money trail should reveal why they stay in business. I think I might be fair to giv the BBB a B- rating.

 

[dioxide45]

As a business owner, and consumer, I've had many interactions with the BBB over the years. Let me explain it in the most basic form:

To have an A+ rating with the BBB, simply join, pay your dues, and you will be considered "excellent". Complaints are overlooked, as are judgements, etc. Just pay to be rated.
I have seen many fraudulent companies maintain those ratings. Even their own operations are highly questionable. I never look at them when considering a company.

There is a difference between being BBB Accredited (pay a fee) and the rating. The rating is based on complaints. If you respond to complaints, your rating will stay high. All they look at is the businesses response to complaints.