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Timeshare Presentation

How the scam works:

(with video below)

Do you have any advice on how to sell my timeshare and not being scammed? This was the first question our reader Ashley from Chicago asked when sent us a scary email a few days ago. "I want to sell my timeshare", she said, "but I cannot trust anybody anymore". After we replied, she shared her story for our website - and now it's our turn to share it with you.

Imagine this scenario: you arrive in Mexico, Jamaica, Cuba, the Dominican Republic, or any other exotic destination. Coming out of the terminal you are approached by a gentleman telling you that you have a free ride to your hotel. Interested, you ask if you have to pay any other fees. “No", he says. “It's just a promotional gesture. We just want to invite you to visit our new hotel tomorrow, for an hour or so. The hotel has been built this year and we're trying to promote it by bringing people in and share its beauty. Please come and check it out. That’s all. So yes, the ride is free”. So how does the scam work?

Watch the video below to see another victim sharing her shocking timeshare nightmare, or read on.

Timeshare Presentation Exposed Video

The agent at the airport says he wants to make sure you're not scamming him by not showing up the next day just to take advantage of the free ride. Therefore, he asks for your credit card number. That’s not all. The worst actually happens when you arrive at the “new hotel” the next morning.

The one hour promised will be a 6-8 hour imprisonment, where they will aggressively try to sell you timeshares, just like the scenario described in the Free Cruise Scam. They will not take no for an answer. They will use intimidation and make false promises such as, if you change your mind, you can always get a refund: nobody ever gets a refund from buying a timeshare.

Also, if you say you can’t afford it, they will offer a credit line that makes it look like the best deal of your life.

The bottom line is – because they deal with hundreds of people a day, they know every possible trick to scam you; according to your reactions and questions. And, because they hold you in that room for hours, chances are you will end up buying in.

That's what happened to Ashley and now she wants to get rid of her timeshare. Long story, but an eye-opening one.


How to avoid:

To cut it short, avoid any of this from the minute you land at your destination. Do not accept any free cab rides from the airport, unless it’s a shuttle to your hotel organized by the hotel. The timeshare scam is very prevalent in Caribbean countries. We're not experts in how to sell your timeshare, but we gladly share every scam coming our way and try to help by advising you on how to avoid it.


How to report:

Make your family and friends aware of this scam by sharing it on social media using the buttons provided. You can also officially report the scammers to the Federal Trade Commission using the link below:

Report Scammers To The Federal Trade Commission Here

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