Fisherman’s Cove Lakeside Resort Experience

I received a call from someone purporting to be from RCI. I have two timeshares and use RCI for exchanging purposes. They wanted to ‘explain a new program from RCI’.

We went, met with them, and to make a long story short, ended up buying a timeshare from this group, plus giving my two other timeshares plus over $8K in exchange for “Fisherman’s Cove Lakeside Resort”. They told us it takes about 60 days to process, when I called RCI (after more than 60 days) they did not have me as an owner of FCLR. I called the resort many times and get ‘leave message’ responses.

I called the salesman who sold it to me, and he said it was a scam and the owner is just keeping the money and not paying RCI. RCI does not care (“We are an exchange company, we don’t do the selling”). I did get a call from an RCI representative, but bottom line is that ‘There is nothing they can do’.

I called the BofA to finally stop paying on the RCI credit card, but BofA said you waited to long to report this (over 60 days), so they don’t care either! So I am left with a $8K+ debt for a resort that I don’t own and cannot exchange and BofA, RCI, and Fisherman’s Cove don’t care. I would caution anyone not to do business with any of these three companies!

Have you had an experience with Fishermen’s Cove Resort? Were you also scammed?