A recent timeshare scam in Florida has been shut down by authorities. Five suspects have already been arrested and identified as employees working for this fraudulent company. Police report that the estimated number of victims from this specific scam is in the thousands. In this timeshare scam the perpetrators reached out to timeshare owners with the promise of selling their timeshare in return for an upfront fee. Once the victims sent in the money literally nothing was done to assist them in getting rid of their timeshare.

This fraudulent company has been operating out of somewhere in downtown Orlando. Some of the names they have been operating under include Resort Sales Group, Resort Time Sharing INC and Resort Services Group. There have been discoveries of several more businesses that are registered under similar titles but further investigation is required in order to know for sure whether or not there are any connections. The investigations for this scam began little over a month ago and an anonymous tip sent into Crimeline is what informed police of the illegal activity.

It is probably too late for most of the victims of this scam. However, other timeshare owners can still protect themselves from unscrupulous activity like this by staying informed. If you need to get out of your timeshare before another increase in maintenance fees happens you should check out Transfer America. Timeshare relief companies are a great way to get rid of your timeshare without the worry of trying to sell. With help from Transfer America you will receive a written guarantee that states how you are no longer responsible for any financial timeshare obligation.