|Police Warn of Timeshare Fraud|
|Written by Sharon Vanhouwe|
|Tuesday, 31 July 2012 16:28|
The RCMP Commercial Crime Section in this province is warning the public about fraud attempts occurring in Saskatchewan relating to timeshare vacation properties.
Mounties say they have received reports from Saskatchewan residents who have gotten calls from timeshare resale companies who offer to sell their timeshare for them.
In some cases, the consumer advertised their timeshare for sale on the internet.
The suspect promises a quick sale with a high profit and various fees are requested up front prior to the final sale for things such as maintenance or escrow fees or taxes.
Documentation and correspondence with the victim is conducted on what appears to be a professional level.
Police say there are legitimate companies who offer this type of service but timeshare owners should do their homework before providing funds.