Victim Location 19063
Total money lost $75,000
Type of a scam Travel/Vacations
Fell victim to a classic Mexican Vacation Club Resale Wire Fraud Scam. Very sophisticated set of formal and professional documents throughout this ordeal that involved a real estate brokerage and a closing company. Keeping names out of this, as what is important here is to understand the pattern. The names change like whack-a-moles anyway. Received call and sent an offer for hundreds of thousands more than what I originally paid; but, it was in line with pre-discounted pricing, so I bit. They claimed the buyer was taking advantage of tax deduction benefits through this purchase. No upfront money to be paid, so they said at the outset. I was 1 of 26 sales going through the process together, they tell me. Enticed to believe to be working with a registered real estate broker in TN (turns out they stole the identity of an actual real estate broker); I signed into a "certified agreement." Put in touch with a Closing Company who would "take care of everything", including money transfers and disbursement. I am then told that they have "learned" that a transfer fee is due with my contract in order to enable the transfer, but to keep the paper trail clean, it needs to be put into a Trust by me so that all parties can be properly paid out during closing. After a few weeks of "pending action", I get a long, convoluted story about them having to "fight things out" with the Mexican SAT (their IRS) and turns out that now we need to front a tax burden; but I will be reimbursed, they say Learn that the commission needs to be fronted, but good news, I’ll be reimbursed. Grief and despair after finally finding all the websites that illustrate just how stupid I have been all this time File complaints everywhere I can, this site being one of them. Request cancellation documents and in doing so, I learn that I need to front $4k to get my money back Coming to grips with loosing $70k for no reason other than being a complete [censored] and answering a call I never should have picked up.
Type of a scam Travel/Vacations
Contacted by phone from Sunrise VP Solutions to see if I was interested to sell my timeshare. They offer about 3x the price I paid 1 year ago. And they already have a buyer. They also send the document from broker call D&W International closings from Indianapolis. Requesting I send 10% of the sales to a bank in Mexico. This was to pay the charge so my resort can issue a deed. I contacted Vidanta resort and they confirm a red flag they have these 2 company in their scam database.
Victim Location 11580
Type of a scam Travel/Vacations
They called me claiming to be a Broker & they have clients interesting in purchasing my Timeshares. Sent me an offer I agreed to it, Then tried to get me to wire $3104.00 to International Bank which was closing fees then once they received money would transfer the title & then send me the payment in return. I said Ok but I called the Resort the fees didn’t match up & they said it was a SCAM The process to sell it was way different than this company described. I just sharing this info in case they have scammed others that didn’t do the work & check up b/4 u send any stranger money so others won’t get hurt. They also work with another company claiming to do International closings. Their name is D&W International closings they used the e-mail address of
[email protected] , website is http://dw-internationalclosings.com/ , phone # 317-200-3241 you get voicemail or a lady that screens the calls.
Victim Location 80138
Type of a scam Travel/Vacations
They seem legit because they have several different people call over several weeks to go over the info and answer questions. They have official forms, etc. Don’t ask for money until after several calls. However, I didn’t believe from the beginning because they offered a ridiculous amount to buy my timeshare, $418,000 with zero negotiation. When something seems to good to be true… So I strung them along to see what would happen. They are not registered business in the state and registered with BBB, but it is all new, since June 2018. The address is a real address in downtown but I couldn’t tell that they actually have an office there. They send an offer, then have so called Title Company call you to set up an account in Mexico. They don’t tell you to fund it yet. They only mentioned that there would be a registration fee of over $6,000 but not to worry about that yet. I wouldn’t have to pay until the buyer put my money in a trust account. I would supposedly get legal contract first. So far, offer form is all I have seen. No legal contract. This all looks like a scam. I am not setting up any account or sending any money.
Victim Location 84010
Type of a scam Travel/Vacations
A David Johnson called to see if there was interest in selling. They stated a California software company was buying a block as a "tax writeoff". A quote was provided. We stated it was too low. Another quote $10K higher *and 3x the purchase price was offered. They even gave a name of a valid real estate broker in the state of Tennessee as the broker assisting with the close. They stated they worked with a closing company in Indianapolis, IN (D&W Closings) to broker the closing. We were to pay upfront closing costs to be reimbursed 30 days later.
The websites for http://www.sunrisevpsolutions.com/ and for dw-internationalclosings.com were BOTH created on May 9, 2018.
Victim Location 97374
Type of a scam Travel/Vacations
Contact us wanting to purchase our time share in Mexico——–claimed had buyer wanting to buy 26 units———–offered price which
looked too good to be true——-we signed a certified offer–which stated we were not committed nor obligated to any responsibilities—but
merely expressing our desire to sell. They then claimed to get a release from the company in Mexico which has our time-share—stating
that under the orginal contract we the seller must pay 10 times the yearly main fee of 1028.68 = 10286.80——but not to worry we would
be reimbursed for this transfer fee. We then got a certified agreement and a notification of trust which had been set up by a different
company D & W International Closings 210 North Meridian Street, Indianapolis, IN 46204 (also a scam company) in our name and listing the desciption of the unit–the trust was set up in the amount of original offer +10286.80. After questioning how all this works–I was told I have to wire the money after I sign this agreement of sale. My contract with the resort clearly states the transfer fees MUST BE PAID BY THE MEMBER. I contacted the resort and confirmed that this is a scam——–never heard of either company and had never been contacted by these companies regarding unit specifics, payment of transfer fees or gave any consent for transfer or assignment. Obviously a wire transfer would be going into someones pocket——however when I requested info on where it would be wire transferred———–told I do not get that info till sign agreement.
I can scan you all documents I received—–however do not know how to pull them out of my e-mail. Please call if you are interested. (503) 394-4305. Thank You
Victim Location 10280
Type of a scam Business Email Compromise
I was contacted by Benjamin Martin, Broker- Sales & Rent Department, of Sunrise VP Solutions, 814 Church Street, Nashville TN 37203, who said "he had an interested buyer for my time share".
He then sent me a offer of double the amount I paid for it. After an exchange of documents, a Jack Jones- License Number 262934 (?) also of Sunrise VP Solutions, sent me a "Certified Agreement". The wanted me to advance about $3,900 for expenses that will be reimburse after closing.
I did some investigations, by (1) trying to find the company listed in any directory as doing business in Tennessee and (2) locating and talking with a former tenant of the building who said the building is under renovations and has no tenants. She also said she received a similar call two months ago.
If it is to good to be true it probably isn’t.
Victim Location 77331
Type of a scam Travel/Vacations
We were contacted by Madison Adams from Sunrise VP Solutions. She had information about a timeshare that we own and wanted to know if we wanted to sell it. She said a large investor wanted to buy up a block of timeshares.
She sent us a quote which was three times the initial purchase price of the timeshare. Too good to be true.
Short story, she said that the buyer would deposit the full amount into escrow at a licensed closing agent. We would be responsible to send $3800 to the agent to get authorization from the timeshare to transfer ownership. We would be reimbursed at closing. They will send us the contract and the name of the closing agent next week.
Online research on the company does not show that the company exists. Search of the Nashville business license database, BBB. Domain name was set up with GoDaddy last month. ScamPulse.com references the business as a non member as of June. Phone number search shows it as a virtual number.