Timeshare Scammer Gets 70 Months

[rboesl]

Just saw this:

Timeshare scammer gets 70 months in prison for defrauding elderly out of $3.37 million

Paul Michael Marciniak, the second main co-conspirator in a large-scale timeshare resale, was sentenced to 70 months in federal prison for defrauding more than 1,000 victims — many of them elderly — out of more than $3. 3 millionMarciniac pleaded guilty to conspiracy to commit mail fraud and...

news3lv.com

 

[PamMo]

I'm happy to read posts like yours, rboesl. These guys are scum, and owners fall over and over and over for their lies.

More from the article below.

They used stolen data to identify timeshare owners and promised to sell the timeshares in return for the owners paying in advance half of the costs associated with the purported sales.

There were no buyers, however, and the timeshare sales never occurred. The scammers just pocketed the supposed sale cost -- a common criminal telemarketing scheme known as “the buyer’s pitch.”

The scam operated out of Orlando, Florida, under several different business names including Holiday Advertising, First Capital Financial Services Corporation, Great West Funding Incorporated, Beneficial Business Solutions, Vacation Funding Partners LP, and Property, People, Travel, using fake front companies in various cities across the country, including Las Vegas.

 

[AnnaS]

Lazy, schemers, _ I have other words for them. Glad they were caught. Should be on the media/ news more to inform people and maybe prevent others from being scammed/be careful.