A recent increase in cases of Timeshare owners being targeted for further exploitation has prompted Action Fraud to warn owners to be on the lookout. Scammers are actively seeking out Timeshare owners who may be vulnerable or previously mis-sold their Timeshares and telling them they are owed compensation. The scammers pose as reputable companies offering unsuspecting customers exit from their timeshare burdens for a fee and promising to be able to reclaim compensation.

The scammers are aware of the Timeshare owners personal information from their previous investments which provides them with false credibility. They request upfront fees from owners … Read more