FTC Halts Timeshare Property Resale Scam; Telemarketers Falsely Claimed They Had Buyers Lined Up, Agency Alleges
At the Federal Trade Commission’s request, a federal court has temporarily halted a telemarketing operation that targeted consumers trying to sell their timeshare properties. The defendants allegedly charged consumers thousands of dollars, falsely claiming they had buyers lined up for sales that supposedly would be reviewed and approved by the FTC. As part of its continuing crackdown on con artists who prey upon financially distressed consumers, the FTC seeks to permanently end the defendants’ deceptive practices and make them refund consumers’ money.
View full post on Federal Trade Commission (FTC) – Text of Press Releases
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