Why is the government doing nothing about timeshare scams?

A reader poses an interesting question he wanted to share with our readers:

Why is the government doing nothing about timeshare scams?

Time shares are not real estate or investments, they are nothing but empty space.

In addition to my first question, how many time share owners does it take to keep up the maintenance of a two bedroom apartment?

This is outrageous.

If I ever go back to Florida and are approached by a time share salesman I will sit next to the salesman and take my sweet time reading all the pages of the contract. …and if they have a problem with that, I will tell them…”just want to know what I am getting into before I sign the dotted line”.

Lando Resorts Corporation (Berkley Group)

Below is an account from a Canadian reader whose parents were solicited by Lando Resorts Corporation:

Lando Resorts CorporationMy parents, who live in Canada, were scammed by Lando Resorts Corporation, who is under the Berkley Group umbrella. In February 2011, they were sold a vacation package over the phone which did not mention that they were required to sit through 8 hrs of deceptive sales methods, which were really high pressure and other forms of fraud. My parents kept refusing to purchase, but were then told that they can buy the unit cheaper “right now” because of “built-in equity”, something which they apparently tell lots of people and is false. They were also told that they would have to attend another sales presentation if they did not purchase, otherwise, they would not get their vouchers for the rest of their vacation spots.

To make a long story short, there are several inconsistencies in the contractual agreement for the timeshare, which make it non binding, according to the lawyer that they hired. Currently we are in the process of getting them to reply to a letter that the lawyer has sent them, but as you can guess, there have been not attempts made on their part to contact either the lawyer or my parents regarding the letter. However, harassing phone calls have been made to my parents that they owe money and that they will be forwarded to a collections agency, which according to other testimonials I found on the web, are also under the Berkley Group.
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Reef Village Ambergise Caye, Belize Timeshare

belize timeshareI own in Belize and when I went there this year to use my points to stay they gave me a bill for several thousand dollars as though I were renting. Now that I refuse to pay the bill they will not let me book this years reservation.

The first day I arrived there was no power. The place is now rundown and it’s not even done being built yet…but the rust has already cause many things to fall apart no maintenance has been done.

I got a deal with double points and a free golf cart, and they do not want to honor the deal even though I have all the paperwork. The Manager would not speak to me before I went. I was there 10 days he was rude to me and would not meet me, and after our stay will not talk to me via phone or e-mail.

This is just ridiculous – Is there any help out there for someone in this situation??