FTC and Florida Attorney General Sue Timeshare Rental/Resale Operation for Deception

WASHINGTON, D.C. – July 19, 2012 – (RealEstateRama) — The Federal Trade Commission and Florida Attorney General Pam Bondi brought legal action against a timeshare rental/resale telemarketing business and its owner for allegedly deceiving thousands of consumers throughout the country into paying up to $2,000 based on false promises that they had buyers or renters lined up for consumers’ timeshare properties, and then failing to deliver promised refunds. At the plaintiffs’ request, a federal court halted the operation and froze the defendants’ assets pending further litigation.


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