Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned eight Mexican companies linked to timeshare fraud on behalf of the Cartel de Jalisco Nueva Generacion (CJNG). Everyone has ideas for dream holiday getaways that create lifetime memories. Published 17 October 2022. 12,000. Ultiqa Lifestyle ; Timeshare For Sale; AD # 258981; Ultiqa Lifestyle . For Rent; For Sale; Home; Ultiqa Lifestyle ; Timeshare For Sale; AD # 270241; Ultiqa Lifestyle . John Decker is the supposed agent's name. Located in Pacific Harbour, 1. Five Timeshare Scam Avoidance Rules. 8. Deeded Timeshare: A deeded timeshare is a form of timeshare ownership in. Use keywords like “scam” or “trying to sell” or “contract” to see if other customers have run into trouble with this developer. If you sign up on the night while you are a tourist there is no, or hardly any time to reflect upon this contract with your trusted financial and legal professionals. Posted on May 8, 2016 June 27, 2016 by tskeptic. Buy Timeshare; Timeshares For Sale; Timeshare Resales; Buyer FAQ; Rent Timeshare. Following with interest. Buy Ultiqa-Lifestyle- timeshare resorts, Ultiqa-Lifestyle- resales when looking for that vacation destination. Timeshare Directory. No customer service, no clue, no flexibility, no no no. The Federal Court has made declarations that timeshare company Ultiqa Lifestyle Promotions Ltd breached financial services laws by failing to ensure that. And as far as table games go, don’t ever play Blackjack that pays 6:5. Also, search online for the name of the. The memories and vacation experiences they create for owners is not a scam. Please contact us at [email protected] Federal Court has ordered timeshare company Ultiqa Lifestyle Promotions Ltd (in liquidation) pay a $900,000 penalty. Carolinas and the Southeast. Press Room Customer Service About Us Contact Us. Was completely suckered into this scam with promises of accessing worldwide travel at cheaper costs. She said if we would come. Browse our vast selection of ULTIQA Lifestyle timeshare resales and ULTIQA Lifestyle timeshare rentals. On Tuesday (17 May), the Fe ASIC has warned the timeshare sector it was on notice. Timeshare Directory. Instead of signing-on with this "company" for a "holiday" on their terms, use your hard-earned cash to go to a 5-star independent hotel which will, undoubtedly, turn out to be a better quality, cheaper (!!!),. 1-800-640-6886Intl: 813-902-9743. Using beachfront timeshares as part of a scam is the latest side-business for Mexico's powerful Jalisco New Generation Cartel. In 2017, CHOICE filed a complaint with ASIC after Ultiqa pressured a couple into purchasing a timeshare contract with finance that could have lasted until 2081, despite the individuals telling the operator they were financially stretched. Timeshare Directory. 21-288MR ASIC sues timeshare company Ultiqa for poor financial advice outcomes. But. Alternatively, fill in your details and we will call back. Policy & Regulation. 1) There have been a couple of prior reports on TUG of the “ shares in Vidanta ownership”. 5. So, today we went to presentation with this group ultiqa. ULTIQA Fiji Palms Beach Resort: Hooray for timeshare - See 436 traveler reviews, 371 candid photos, and great deals for ULTIQA Fiji Palms Beach Resort at Tripadvisor. Member Reviews. Timeshare Resale Scam Warning; Buy Timeshare. 1-800-640-6886Intl: 813-902. The Resort Owners’ Coalition, a program of industry group the American Resort Development Association, has an online resource center for timeshare resales with step-by-step advice for consumers. You have been subjected to a sales presentation on zoom. Buy Ultiqa Lifestyle annual timeshare. Call 603-883-8626 or 1-800-640-6886 for assistance. One method you can use for selling your timeshare is to list it with a local real estate agent. Buy Timeshare; Timeshares For Sale; Timeshare Resales; Buyer FAQ; Rent Timeshare. ULTIQA Shearwater Resort is located a short 164 feet from Kings Beach, and a 3-minute drive from the Bulcock Patrolled Beach. The timeshare/vacation club industry in the United States continues to flourish. Timeshare Directory. They think they’ve just closed a deal to sell their property when in reality they’ve just been scammed out of thousands, sometimes tens of thousands of dollars! That’s why Timeshare Specialists has set up the nation’s first timeshare scam hotline — to prevent these. The slot machines offer the worst odds, but they’re still fun to play. 5. . Rating Details. Ignoring this advice will cost you thousands. The Federal Trade Commission today announced 191 actions to stop fraudulent operations hawking timeshare property resale services and travel prizes, including three FTC cases, 83 civil actions brought by 28 states, and 25 actions brought by law enforcement agencies in 10 other countries. ULTIQA at Fiji Palms Beach Resort: Great timeshare resort - See 430 traveler reviews, 371 candid photos, and great deals for ULTIQA at Fiji Palms Beach Resort at Tripadvisor. The benefits of vacation ownership go far. With an A+ accreditation from the Better Business. Learn how to protect yourself. I will admit that buying a timeshare was a mistake, and using RCI to take advantage of that investment just made it worse. Like walking into a car dealership, timeshare sales agents are going to show. Come to your club first, stay cautious, and report any potential scam or suspicious solicitation to a Scambusters representative at scambusters@wyn. While some people swear by the benefits of owning a timeshare, others view it as a questionable investment or scam. On Tuesday (17 May), the Fe. Policy & Regulation. You will be paying for life. 1-800-640-6886Intl: 813-902-9743. In the world of timeshare exit companies, it’s understandable to be wary. 21-288MR ASIC sues timeshare company Ultiqa for poor financial advice outcomes. Ultiqa ceased promoting the sale of interests in the Ultiqa Lifestyle Scheme on 28 January 2020 and was placed into members' voluntary liquidation on 30 April 2021. com. Buy Ultiqa Lifestyle 3000 Points Annual Usage. Service 4. A local timeshare company was found to have breached financial services laws this week. Timeshare Directory. Ultiqa Lifestyle Promotions sells timeshare memberships for holiday accommodation. Buy Ultiqa Lifestyle 30000 Points Annual Usage. S. Find out more. Value for money. Unsolicited Phone Calls from Non-Legitimate Buyers. 78 reviews. For one thing, you can generate income and interest value with a timeshare investment in many other ways. See 175 traveller reviews, 92 photos, and cheap rates for ULTIQA Village Resort, ranked #19 of 40 hotels in Port Macquarie and rated 4 of 5 at Tripadvisor. Make Offer. Editor's note: The first case management hearing has been. Y. 17 October 2022 Policy & Regulation Timeshare company Ultiqa Lifestyle Promotions has been ordered by the Federal Court to pay $900,000 following a ruling its advisers failed. Buy Timeshare; Timeshares For Sale; Timeshare Resales; Buyer FAQ; Rent Timeshare. ULTIQA Shearwater Resort accepts these cards and reserves the right to temporarily hold an amount prior to arrival. Drug Cartels Are Scamming American Tourists With Beachfront Property. 1-800-640-6886Intl: 813-902-9743. They are retired and flexible but always have a difficult time getting someone with a brain on the phone. Rent A. Ed Perkins, a longtime contributing editor at SmarterTravel, calls the up-front fees for selling your timeshare the biggest travel scam out there. ***Ultiqa @ Raffertys #6786. Published 12:49 PM PST, April 27, 2023. Then, they call timeshare. ”. In 2021, we lodged a ‘super complaint’ to ASIC, alleging at least eight industry-wide breaches of financial services laws Now the Federal Court has found that the timeshare scheme Ultiqa failed to take. 1-800-640-6886Intl: 813-902-9743. Facilities and Services. The Federal Court has ordered timeshare company Ultiqa Lifestyle Promotions Ltd (in liquidation) pay a $900,000 penalty. Timeshare, Fractional & Holiday Club Scams “Bet my scam is bigger than yours” You can report a timeshare scam/fraud to Action Fraud run by the police. There are two types of timeshare schemes. Despite this, timeshare operators typically only recommend one product – their own. 1-800-640-6886Intl: 813-902-9743. Why go to a hotel when you can rent a Ultiqa Lifestyle from buyatimeshare. The company guaranteed timeshare owners hefty returns if they moved quickly on the. More than 184 individuals face criminal. Beware of Rental Scams and Fraudulent Renters: 1. It says somewhere around 178,000 people owned a timeshare in Australia at the time, and around one million Australians were directly or indirectly involved in a timeshare. Sep 20, 2023. Some timeshares can take from 11 to 38 years to work out cheaper than simply booking a. Acting on complaints by consumers, ASIC. Press Room Customer Service About Us Contact Us. They are threatening me with legal action and debt collection. com is an active timeshare resale marketplace and the best place to sell a timeshare. Once a week, every week, Wayne Sorenson gets a phone call. 20, 2023. S. Buy Timeshare; Timeshares For Sale; Timeshare Resales; Buyer FAQ; Rent Timeshare. If the judgement debt/order applies, and you enter that county after the issue of the order, an arrest warrant may be in existence. Carolynne Australia. Press Room Customer Service About Us Contact Us. Timeshare Resale Scam Warning; Buy Timeshare. Region. One way to see those dreams come true is to become a member in holiday programs like Ultiqa Lifestyle. Press Room Customer Service About Us Contact Us. Timeshare Resale Scam Warning; Buy Timeshare. Rent A Timeshare; Timeshare Rentals;Buy Ultiqa Lifestyle 3000 Points Annual Usage. Did ULTIQA™ behave this way? No…it sent the host of the blog (WordPress) a trademark infringement complaint, and have asked for the removal of the URL as it “would lead a customer to think that the site would be run by the ULTIQA entity” and create “customer confusion”. Close. Buy Timeshare; Timeshares For Sale; Timeshare Resales; Buyer FAQ; Rent Timeshare. Ask about your ability to cancel the contract. A man comes to your door and offers to clean your gutters or trim your trees, which sounds like a good idea. Buy Timeshare; Timeshares For Sale; Timeshare Resales; Buyer FAQ; Rent Timeshare. 17 Oct 2022 8:02 am AEDT Timeshare company Ultiqa penalised $900,000 by Federal Court The Federal Court has ordered timeshare company Ultiqa Lifestyle Promotions. The Federal Court has ordered timeshare company Ultiqa Lifestyle Promotions Ltd (in liquidation) pay a $900,000 penalty. Buy Timeshare; Timeshares For Sale; Timeshare Resales; Buyer FAQ; Rent Timeshare. Here are tips on how to avoid falling victim to or report a. Timeshare Directory. The Federal Court has ordered timeshare company Ultiqa Lifestyle Promotions (in liquidation) to pay a $900,000 penalty. Press Room Customer Service About Us Contact Us. Timeshare company Ultiqa Lifestyle Promotions is in the firing line for providing bad financial advice, following an investigation by ASIC. Since 2016, CHOICE has written five complaints to ASIC about potentially illegal conduct within the timeshare industry. Babo Group Pty Ltd · May 18, 2022 ·. We were on. Timeshare Resale Scam Warning; Buy Timeshare. Saying that he was broadcasting from a paid-off building worth hundreds of millions of dollars and is “neck-deep in cash,” Ramsey seemed to promise to fight back. 5. Feb 22, 2017. We have a full list below. Rent A Timeshare; Timeshare Rentals;These types of timeshare contracts are in away sophisticated scams per se. 1-800-640-6886Intl: 813-902-9743. Rent A Timeshare; Timeshare Rentals;Chelle. ULTIQA Commercial’s focus is on maximizing the tenant experience in addition to the investment and operational performance of the assets. Rent A Timeshare; Timeshare Rentals;Buy Ultiqa Lifestyle 30000 Points Annual Usage. Despite the need to create a more appealing product, we have to go back to the real estate market crash to really understand the depth of Marriott’s alleged deceit in this case. It’s time for you to get away from that contract. Officials have confirmed that the cartel operates call centers that scam money from Americans and Canadians through fake offers to buy their timeshares. These do not influence our content moderation policies in any way, though ProductReview. Rent A Timeshare; Timeshare Rentals;These types of timeshare contracts are in away sophisticated scams per se. Australia [145] New Zealand [33] South Pacific [8] Vacation Types RCI Awards. Lovely resort vibe with palm trees and tropical plants. It was all a lie to get money out of us. Rent A Timeshare; Timeshare Rentals;Buy Ultiqa Lifestyle 3000 Points Annual Usage. Do NOT. Treasury Department announced sanctions Thursday against members or associates of the Jalisco New Generation drug cartel who apparently went into a side business of timeshare fraud that allegedly targeted elderly Americans. 12,000. In this scam, would-be tenants are tricked into paying an upfront fee or deposit to secure the rental, when the property does not exist, has already been. The first word that should come to your head when you hear the word timeshares should be RUN! Run. 59 EDT. The FTC and many state attorney general offices have cracked down hard on this type of fraud, but it can still happen. All-Inclusive. Rent A Timeshare; Timeshare Rentals;Buy Ultiqa Lifestyle 30000 Points Annual Usage. Editor's note: The first case management hearing has been set down for 12 November. Timeshare Resale Scam Warning; Buy Timeshare. Nevada - Las Vegas Area. Buy Ultiqa Lifestyle 30000 Points Annual Usage. Me and my husband were just college. Customers purchase points to use to book and stay at holiday accommodation at various locations around Australia and around the world. If you’re looking for a family-friendly resort in Pacific Harbour, look no further than ULTIQA at Fiji Palms Beach Resort. $10k to sign up plus annual fees. Top 5 Amazon Scams in 2023 2. The Mexican Timeshare Resale Scam, in a Nutshell. The Federal Court has made declarations that timeshare company Ultiqa Lifestyle Promotions Ltd breached financial services laws by failing to ensure that financial advice given to consumers was in the consumers’ best interests. If you took a loan to buy the property and you still have a balance, stopping payment will have an impact on your credit. Research the company. After a high-pressure sales pitch, the couple paid $14,000 upfront when they were convinced they needed help to get out of a timeshare, according to a complaint filed with the Better Business. 7. The following red flags are signs that you have been or are about to be scammed. Timeshare scams are on the rise in vacation hotspots, including Mexico. Yet, approximately 9. Please email us a talktous@rci. Timeshare Directory. Call 603-883-8626 or 1-800-640-6886 for assistance. It’s hard to get the place you want when you want it. comBuy Ultiqa Lifestyle 20,000 Points Annually Usage Timeshare For Sale . The Scheme. Vacation-Times. and local consumer protection agencies in the state where the reseller is located. Lovely resort vibe with palm trees and tropical plants. Rent A Timeshare; Timeshare Rentals;SellMyTimeshareNOW. If you get a random email or phone call from someone claiming to work for a resale company, treat them with extreme suspicion. BBB: Beware of timeshare scams. Jalisco officials did not offer a motive in the killings of the workers, all but two of whom were under 30. If you’re looking for a family-friendly resort in Pacific Harbour, look no further than ULTIQA at Fiji Palms Beach Resort. Press Room Customer Service About Us Contact Us. Fabulous. Lifestyle. It was a trip to a. Search for a Timeshare to Buy or Rent: For Sale. 8. It beggars belief that Ultiqa has managed to obtain a bare minimun 7 day “cooling off” period. ASIC alleges the advice was provided by financial advisers who were. au. Ultiqa are unable to provide the holiday destinations that I request. 2j The owner details were obtained either by someone hacking Vidanta’s computer records OR. Customers purchase points to use to book and stay at holiday accommodation at various locations around Australia. We would like to show you a description here but the site won’t allow us. Those are two key signs of timeshare resale scam — and someone you don’t want to do business with. Memberships cost $23,000 up-front then $800 per year, on the average. Press Room Customer Service About Us Contact Us. The Federal Court has. Value 4. " Study the paperwork on your own. I can get a free timeshare at most places that are timeshares, the "maintenance fee" for that time share is over $1,000 for a crappy place. 61-755-884-470. Buy Timeshare; Timeshares For Sale; Timeshare Resales; Buyer FAQ; Rent Timeshare. Fake. For details about how to sell with BuyaTimeshare. The Scheme remains active and Ultiqa currently holds an AFS licence, which allows consumers to access dispute resolution services through the Australian Financial Complaints. Top 5 PayPal Scams in 2023 3. Buy Timeshare; Timeshares For Sale; Timeshare Resales; Buyer FAQ; Rent Timeshare. The Federal Court has made declarations that timeshare company Ultiqa Lifestyle Promotions Ltd breached financial services laws by failing to ensure that. Ask Jet39416942810 about ULTIQA Beach Haven on Broadbeach 1 Thank Jet39416942810 This review is the subjective opinion of a Tripadvisor member and not of Tripadvisor LLC. 1. Buy Timeshare; Timeshares For Sale; Timeshare Resales; Buyer FAQ; Rent Timeshare. Buy Ultiqa Lifestyle 20000 Points Annual Usage. Hawaii. FHF has paid a penalty of $135,000 in response to three infringement notices and will pay up to $3 million in compensation. We went to a timeshare presentation. 1-800-640-6886Intl: 813-902-9743. Buy Timeshare; Timeshares For Sale; Timeshare Resales; Buyer FAQ; Rent Timeshare. Unfortunately, scams and fraudulent activity are a part of life. 8. Timeshare scammers often promise you they can sell your timeshare fast, and for an. Cleanliness 4. How timeshares work. Buy Ultiqa Lifestyle 2000 Points Annual Usage. We market your timeshare vacation property worldwide to help connect timeshare sellers with buyers. It’s better to do business with a reseller that takes fees after the timeshare is sold. Before you do this, take stock of your situation. Buy Timeshare; Timeshares For Sale; Timeshare Resales; Buyer FAQ; Rent Timeshare. Press Room Customer Service About Us Contact Us. Details of the scam: A Rental Scam is when a fraudster creates a fake advertisement for a room or property rental to steal money from interested renters. Buy Timeshare; Timeshares For Sale; Timeshare Resales; Buyer FAQ; Rent Timeshare. All these guys will do is send letters asking out. Timeshare Resale Scam Warning; Buy Timeshare. Timeshare is a way people can own a vacation home without. Creating Holiday Solutions ULTIQA is a name that was derived from ‘ultra-modern, boutique apartments’ to reflect the brand offering of our properties. 3 November 2021. "Timeshare salespeople are providing financial advice. com. The Federal Court has ordered timeshare company Ultiqa Lifestyle Promotions Ltd (in liquidation) pay a $900,000 penalty. Timeshares are a lifelong product to give owners savings over a lifetime of vacations. Timeshare Resale Scam Warning; Buy Timeshare. The CEO of a consumer advocacy group has welcomed the Federal Court’s decision. Buy Timeshare; Timeshares For Sale; Timeshare Resales; Buyer FAQ; Rent Timeshare. Attorney John Funk, Director-Partner, Gallagher, Callahan & Gartrell, P. More than $5 Billion in Timeshare Sales and Rental Offers - Delivered to timeshare owners just like you. Providing a restaurant, the property also features a bar, as well as a hot tub. Popular Timeshare Companies. In the video, victims of timeshare exit scams, Diamond Resorts CEO, and former Arizona Attorney General. A local timeshare company was found to have breached financial services laws this week. Timeshare Resale Scam Warning; Buy Timeshare. Its a 10 min walk max to the. The studio apartment was small but had everything we needed. In one recent case, Vacation Property Services claimed to represent big-name companies eager to buy timeshares for business travel and events. It overlooked the ocean and had a small balcony . Doing business under the name of 'Business Brokers International '. Timeshare Directory. Scambusters can protect you from companies trying to scam timeshare owners into unethical resale, rental, cancellation, and more. and local consumer protection agencies in the state where the reseller is located. Timeshares are the biggest rip off in the world. It says somewhere around 178,000 people owned a timeshare in Australia at the time, and around one million Australians were directly or indirectly involved in a timeshare. U. Sell your timeshare on the resale market (but expect to. 1-800-640-6886Intl: 813-902-9743. . Buy Ultiqa Lifestyle 70000 Points Annual Usage. All you need to do is listen to a 90. Good. The penalty follows the May 2022 Federal Court decision that Ultiqa failed to ensure that financial advice. ULTIQA Fiji Palms Beach Resort: Great timeshare resort - See 436 traveler reviews, 371 candid photos, and great deals for ULTIQA Fiji Palms Beach Resort at Tripadvisor. Buy Timeshare; Timeshares For Sale; Timeshare Resales; Buyer FAQ; Rent Timeshare. au 17 October 2022 Policy & Regulation Timeshare company Ultiqa Lifestyle Promotions has been ordered by the Federal Court to pay $900,000 following a ruling its advisers failed to act in consumers’ best interest. Every year we get 50k points to use WOW sound great hey?? We loved the next line of this scam. Published 17 May 2022. Many names are tossed around, such as RCI Resorts, Westgate, Wyndham, Timeshare Exit, or Redweek, but. +45 photos. Buy Timeshare; Timeshares For Sale; Timeshare Resales; Buyer FAQ; Rent Timeshare. The Resort Owners’ Coalition, a program of industry group the American Resort Development Association, has an online resource center for time-share resales with step-by-step advice for consumers. Address. Press Room Customer Service About Us Contact Us. If a letter arrives hailing a new promotion or warning of increased maintenance fees, double check the info by calling the brand or company directly. Sell your timeshare on the resale market (but expect to. There is a specific question about Timeshare and Holiday Club frauds. 1-800-640-6886Intl: 813-902-9743. So, today we went to presentation with this group ultiqa. 81 reviews. Enjoyed the facilities of the indoor. Each timeshare comes with a select amount of annual points that you can use to customize your vacation. Providing a restaurant, the property also features a bar, as well as a hot tub. Or maybe some people just think they're getting a good deal. “Scammers promise to get you out from under. com, please fill out the form on this page or give us a call on 800-640-6886. Published 31 August 2018. Reviewed Nov. The best thing you can do is avoid these high-cost holiday traps and book each holiday as you need it. Rent A Timeshare; Timeshare Rentals;Timeshares have long been a subject of controversy and skepticism. KPRC 2 News called every phone number, attorney. Buy Timeshare; Timeshares For Sale; Timeshare Resales; Buyer FAQ; Rent Timeshare. Yes, scammers do send fake checks in the mail. Timeshare Resale Scam Warning; Buy Timeshare. Sat 24 Mar 2012 18. Timeshare Resale Scam Warning; Buy Timeshare. If you are the demographic of tourist mid aged and a couple you miraculously win the three star prize that is three nights accomodation. I am sure you have seen all the complaints and "discussion" from. ASIC alleges that Ultiqa’s Authorised Representatives did not act in their clients’ best interests in giving financial advice to consumers to buy timeshare products. au has affiliate partnerships. The penalty follows the May 2022 Federal Court decision that Ultiqa financial advisers advised consumers to invest in the Ultiqa Lifestyle Scheme despite this advice not being in the consumers' best interests. The change at Wyndham Vacation Clubs South. Timeshare Resale Scam Warning; Buy Timeshare. With 92% of timeshare resorts offering a rental. All timeshares are scams. 33% have seen advertisements stating timeshares are scams. Just want tourists to be aware if you are offered scratchies outside the shopping area in McCrossen street Port Douglas / beware. Timeshare owners in the UK are being warned to stay vigilant as timeshare exit and claims fraud continues to rise. ”. 8. Rent A Timeshare; Timeshare Rentals;Do Your Research. Unlike some of the other timeshare operators, all Disney Vacation Club properties within the United States (including its properties on Hilton Head Island, Vero Beach and Aulani in Hawaii) are closed and so. Press Room Customer Service About Us Contact Us. Timeshare Resale Scam Warning; Buy Timeshare. ULTIQA Fiji Palms Beach Resort is located at Pacific Harbour on the beautiful Coral Coast, around 50km from the Fijian capital of Suva. Formerly known as The Holiday Club Pacific, ULTIQA Lifestyle offers a fun and flexible way to travel to some of the top vacation ownership properties through the country of Australia. Timeshare Resale Scam Warning; Buy Timeshare. One of the most popular timeshare resale scams out there is “out of the blue” phone calls from a company claiming to have a legitimate buyer for your timeshare. I will admit that buying a timeshare was a mistake, and using RCI to take advantage of that investment just made it worse. info@ultiqa. According to the FTC and the Wisconsin Attorney General, sales promotions and one-on-one pitches claiming the defendants will get people out of their timeshare contacts generally within a year or two and will recover 100% of the consumer’s timeshare purchase price – for a fee, of course. Y. Timeshare Resale Scam Warning; Buy Timeshare. 8. 5 million. Press Room Customer Service About Us Contact Us. The Ultiqa Lifestyle was not given any license or passport copies. One of Australia's biggest timeshare companies has imposed new rules restricting the right of its 58,000 owners to sell or upgrade their memberships. Buy Timeshare; Timeshares For Sale; Timeshare Resales; Buyer FAQ; Rent Timeshare. N/A. The case followed an investigation by ASIC over the Ultiqa scheme in which it found that consumers were hit with upfront costs of. But when someone contacts you first, you can't be certain they're telling the truth. Discover the court case against Ultiqa Lifestyle for selling deceptive timeshare schemes and providing inappropriate financial advice. On March 2, eight timeshare companies based in Mexico faced penalties from the United States government for defrauding American timeshare owners and funneling the profits to a drug cartel. They have no conscience and prey upon you. Timeshare Resale Scam Warning; Buy Timeshare. The trial is scheduled for December 2022.