Of Timeshare scam artists
crimeshare said:
To those of you living in Singapore, and who have yet to get that annoying telephone call, a timely warning of a timeshare scam from a company calling itself "GreatConcepts" and claiming to represent a "sponsor" named "O.T. Travel" or, as I have come to find out is in actuality "Oriental Travel". The anatomy of the scam call is as such : 1. Some chap calling claiming that you've won a IBM notebook computer valued at $4,000; they sent the notice to you - didn't you get it? No? Well, they auctioned the "prize" off because it was unclaimed (yeah, you and 2 others who didn't claim their prize). They supposedly even have an advertisement in the local paper highlighting the prize (Wow! Can't believe you didn't see that ad. Well never mind, they have a copy they can fax to you).______
hi stariee, can i find out how much your dad paid for the cvc membership and what are the so called benefits that was promised but not fulfilled?
hi stariee, can i find out how much your dad paid for the cvc membership and what are the so called benefits that was promised but not fulfilled?
Hi,
I came across this from one of the forums and lucky enough, printed them out. Why lucky? Cos these have been taken out from the forum already. Below are the links.
http://www.4shared.com/file/83041982/d7cd9253/CCF01292009_00000.html
http://www.4shared.com/file/83042010/f565dc57/CCF01292009_00001.html
Rgds.
Hi all,
Have anyone heard of Option Vest? They called me n said they can help me terminate ALL my timeshare contract. I met them. They claimed that they work with a credible legal company. i have to pay legal n admin fees around 8K. Isaid i think abt it n make a decision later. They didnt force me but i had to put a deposit before i leave and had to make appt to seal the deal in 4 days. Im so stressed up. But im refusing to go. I cant part with any more money!
Option Vests? Are this company for real? I dont know. :(
Suspicious Lady :[
hie guys...
just be careful of those good remarks posted by netizens..those posts are actually from the representatives themselves...
i even knoe their sales pitch..what i can say is they lack of transparency..
they claim to be wholesalers..
which it can never be..
for those who have attended the presentation, they should know better. call up NATAS or SINGAPORE TOURISM BOARD AND CHECK !! they are just a bunch of conmen. Protect your hard-earned money!
Need to know whether Garraway enterprises is scam or real?
i m not sure of garraway but data dynamikz is not been delivering their promise of the free trip..we booked since july was postponed till dec but in nov they told us fully booked!!! n we were told that we gets$100 for intro 2 friends but till date we get nothing.. Pls doo not go it is a scam..we tried calling many times but they used delay tactics n in the end we wasted all our calls n sms cos they refused to deliver... so do not go for the garraway talk by data dynamikz but unsure if garraway is real like marriott they would not have used such a company like data dynamikz that did not live up to the promise!!! we went since july 08 n till date nothing is given!!
we went marriott talk n got the taka voucher on the spot! Pls warn others.
Dave if you real about the free trip pls contact the few of us who have been calling your company!
Hi everyone,
Can I check whether if anyone who had received more than 3 Lawyer letters from ERI demand me to pay up the rest of the instalments? How to handle this case and did anyone here got sued by them in court? did you win? Please Email me, thanks. I really need help!!!!
I went down for an job interviewed about 1 month ago at 34B south brigde road, Meridian strategies. Today I saw the recruitment ads for sales consultant again, the requirements are:
O level and above...
Must be willing to learn....
what be able to travel to overseas with clients for business all the crap stories...
I did a check, its just another timeshare reload company.
My husband and I were holidaying in Singapore when we were approached by a lady pretending to do a survey. If we did the survey, we would be given a prize. She gave us 2 'scratch and win' tickets and when the tickets showed that we have 'won' some cool prizes, she acted so joyous and ushered us into an office in Ngee An City called Garraway Enterprise. We were made to promise to sit through a 75-minute presentation, which we can say 'no' to their offers after the presentation and still collect the prizes. So feeling curious and also happy that we have won something, we sat through the presentation, which took us more than 3 hours.
First, a salesperson talked to us for more than an hour, extolling the virtues and credibility of their companies and tours. Then the crunch came when we were asked to be members to enjoy the discounted tours, which amounted to SGD45000.00! This fee has to be paid in 2 successions, first payment of 50% must be done at the spot and the remainder to be paid within 10 days. We said they must be joking, as that was a lot of money involved. This fee would cover our travel requirements for 30 years.
Then we were dealt with the sales manager, Ms Katini, who tried to make a deal for us. She said she could lessen the membership fee if we were willing to take a shorter timeframe of tour packages, such as 15 years. Still we were asked to pay around SGD 18000.00. And this kept going on until the offer came down to SGD 8808.00. We still said no. So we were ushered to collect our prizes at another of their offices, Concept Travels, on the same floor.
In another room, we were greeted by a Chinese national who had married a local, Ms Alicia. She told us she was from HR and was doing a post-mortem on the salesperson performance. We told her he did his job well. Then she whisked out a form and offered a lower fee, trying to get us to become members, in the pretence of being 'helpful' to us and fulfilling out holiday dreams. This time, the fee came down to SGD 3000+ for 7 years and we still said no. Of course, they didn't seem to take no for an answer. She then pretended she would ask her boss for a better deal and then perhaps he can 'help' us.
In came a long-haired Indian named Chris, who was a smooth-talker and tried his best to convince us that it was the best offer we could ever have in our lives. We still said no and that we would like to collect our non-obligatory prizes and leave. All this time, we did feel under duress and pressure, but we knew better not to buckle and give in for there would be a lot to lose. So also fearing for our child's safety in the other office, we played along and endured the gruelling processes.
In the end, Ms Alicia unhappily took our signatures as proof of receipt and let us leave. The prizes were a SGD50 ISETAN voucher and a so-called SGD 1000.00 flight voucher, which we knew was never going to happen. The destinations unpopular and the money would never be enough to cover the entire cost of the flight.
The entire shenanigan took more than 3 hours, not kidding, and when we finally got out of the office block, it was dark already. We were exhasted and very angry at being made 'victims' due to our naivety. We spent the SGD50 voucher but kept the flight voucher as evidence, in case a lawsuit is ever taken against them and some other victim needs help.
In the first place, we were not Singaporeans. We didn't know that such a legal scam exists in Singapore. If we had been duped into paying the fee, we would have paid for the holidays already in the first place! We pity others who have been scammed. Hopefully this email can stop people from believing them. And YES, we have a bad impression of Singapore at this moment. The government ought to protect Singapore and her people from scams like these happening right under their nose.
They have 3 companies in the same floor, Garraway Enterprises, Concepts Travel and Delemere Development.
wow you got the 50 voucher. we are harrassed for over 2 hours but my friend was harrassed for 5 hrs n nothing was given..we booked our free holidays n till date it was nothing!!!!
In response to 'Angry Visitor'.
We had exactly the same treat ment and was kept there for more than 4-5 hours. In fact we were genuinely interested in a good travel package/club as we travel alot and have some flexiblility with our schedule and wanted to take advantage of special off peak offers. We realized that something was amiss when they refused to let us view their website to confirm these 'so called' great offers they were havi ng. We had agreed to put money down, gave our Credit card on the condition that we would be shown the offers available on the Members site, so that we can confirm that the offers are really Legitimate. Needless to say, they insisted that this was not possible. In the last round of conversation where you go to supposedly receive your free gifts, we finally understood, that all they are offering is the possibility of booking flights, travels & hotels through their agency. No body needs to part with THOUSANDS of dollars to recei ve trav el agency services. Fellow Singaporeans and Tourists, please beware of this supposedly great offer.
They have 3 companies in the same floor, Garraway Enterprises, Concepts Travel and Delemere Development, Ngee Ann City, 14 Floor.
Need to know more information ragarding Garraway Enterprises, Concepts Travel and Delemere Development. are they real or scam? please help.
its a scam. their services sucks. not any cheaper than the market rate.
they make you pay thru monthly credit card deduction and i am stuck with them. handling this matter over to CASE. hd many disputes w them.
i understand how you felt my friend..parting with lots of money is not an easy task to do..i encounter the same objection as you had..i wana take a look at the website but was unable to..the reason was them being a members only tavel agency..not open to public don you think so in the same boat..?i was stuck in the middle..my family wants it..but me being sceptical like most Singaporean..belief of what other says..whether its true or not..people's mouth is trustworthy...all change when my beloved wife decided to interfere in my conversation with the manager..."what other says might be true and might be not coz we human being love to follow the tide,we have to make a decision for our family.."that knock some sense to me..so i check again their credibility..2 years in a row winning award for excellence service from NATAS..mind you..2 years..its also being publish in the strait times in 2007..with these awards..how on earth it can be a scam..?so i decided to make a gamble..and you know what it pay off..i am a proud member now..without concept travel service..a trip to disney wil take a longer time to achive..thank you so much concept for calling me to attend the presentation..
Can you give me some more information, such as membership fee and about their services. I am interested in taking this membership but just to clarify thing before going ahead. I welcome ur suggestions. I could of great help for me as well as for my friends to decide in this. Thanks
Hi,
Thank you for sharing as we may be one of the victims who just pay deposit yesterday.
We are now checking for legal advices.
hi there, we also one of the victim. can you share if you have some legal advice. I just pay the deposit few days ago. and i realized that something not right with this company.
anyone heard of Chevalier Don Associate (CDA) who claims that they can help to terminate your timeshare & get your money back....???
Another company to suck your hard earn $. There are so many companies outside which claim that they can help you terminate your timeshare and get your money back but you have to pay an upfront money first. Different companies use different terminlogy such as transfer, liqidate, en-bloc, jurdical manager, real estate funds, commodities, rent, reinvest, funds and all the bullshits name they could think of... for one reason-to suck more money out from you. Do not believe anyone of them,whatever the names they change. Go back the timeshare company which you've bought and if it is fully paid and you want to terminate it, it is free of charge, and forget recover any money for one simple logic-Goods sold are not refundable. If the timeshare you bought has closed down, you dont even have to terminate it.
Hi Guys,
Some smart ass chick from Meridian Strategies called up my parent's residental place to pyscho them..instead it was me talking with him in English
So its all the wuuahhhhaaa about Interval gonna sue them for maintenance fee and they gonna fight to keep your freaking expose name off the so call database from every bastard company trying to cheat you ...as if they aren't....and help you get back after asessing your ownership if valid...blar blar blar..e usual bullshit...
ANyway they mentioned their membership number and amount paid....it was as if our details are in the "Book of Naive TimeShare Directory"...or else they are in cohoots with the bunch of other hyennas queuing up for their chance to cheat you more.
Seriously has ANY one of you managed to TERMINATE your contract....or do NOTHING at all ....... or choose to spurge more hard-earned $$ on these ridiculous companies? And if they're really so freaking successful in getting back our $$, why are there no reports online/paper / news? Wat the hell....
I asked them since they are fighting for us..have they contacted IR yet on this and confirmed the list of ppl that IR has gathered to confirm sueing us? Ans: NOOOOO...err....then how the hell they know IR is gonna do that...and how the hell are they gonna help us from IR since NO communication with IR ? LOL...wat the hell...
Let me know if i'm the only one laughing here...and me + my bro are gonna make a trip to CASE and understand more even though we fully understand NOTHING can be done at this point.
FYI...my parents had already paid in FULL $20K....they said maintenance fee only valid if you go there and stay...but i doubt so....anyway they havnt been paying for years liao.....they bought another fucking CHINA property and paid alot too but gave up and terminated it.
hi FactoryEffex ,
thanks for sharing your experience.
we regular forum users understand that it is your good intention of sharing your views with us, which is by no means defamatory.
hm...i wonder how well the scammers sleep at night....
please do not proceed ... its all scam . im just like u proceed wif axial and paid 13k den now axial close down take over by plantimum after that Meridien strageries and option vest called whats does that means ? they are all link trying to suck our $$$ one co. after one co. esp...the chinese middle age lady called Melissa Chan and malay big size guy called RAMAN i saw in meridian stragies i saw both in LGM before which i bought my timeshare ... same like option vest full of Malay staff .... i tot malay culture all touch heart to heart so now their culture change ? become sin to sin ? timeshare victims beware !!!
c'mon man..not only u dat been cheated..there were many others yo..we feel victimize too..but u din hv too be a racist..money rules da world
Wow.
Do you need to pay an upfront money first like you paid to axial management before you could get back your money as promised by this meridian strategies? Lucky you are not so stupid like others who had been sucked 3rd 4th times. Report to police CAD about axial management and plantinum and meridian strategies.
If anyone need to terminate their timeshare they should go back to the timeshare company which they bought. If they have full paid their timeshare and they want to terminate I think it is Free!(I have read one warning notice by Asia Travel Club to their members that if they have fully paid and they want to terminate, it is absolutely Free of charge but Asia Travel Club advised members not to because they can use it since it is already paid).
Do not listen any other 3rd party companies which they can help you terminate your timeshare or resell, liquidate, transfer, reinvest, rent, juridical, enbloc, real estate, stock and share, commodities, funds,.... whatever the name is... They are out there just to suck your money and gone in 2 3 yrs. There are already so many examples...
Of course when it is not fully paid, then you owe a libaliity to the timeshare company. Does that make sense?
There are two options if you owed a timeshare. Simply
1. Use your timeshare if you have fully paid
2. Leave it alone if you are not using it.
IF YOU NEED TO PAY AN UPFRONT MONEY FIRST BEFORE YOU CAN GET YOU MONEY, PLEASE DONT, IT JUST ANOTHER SCAM.
Today, 05:48 PM #14
FactoryEffex
Junior Member
Join Date: Jun 2008
Posts: 1 Lucky, I did a research on this Timeshare thing..
I apply for a position with a newly established company called "I-Generic Pte Ltd" as a business executive, went down and they are also dealing with "Buying back your Timeshare" at a fee...They are located at The Central SOHO1, the whole office is very very new..
Well, the commission is fairly good provided I can hit sales target of more than $10k... They told me, if i join them my main role is to call up clients in their datebases and seek clients who wants to sell away or terminate their timeshare. As the conversation goes on, i was told "advisory fees" can reach up to $6k to settle off the timeshare be it legally or through their company... The interviewer, who address himself as "Mr Yeo or Ho", told me they are the first company doing this...As a consultant myself, i was like doubtful..the clear cut way would be go to CASE and why the client must go to them and pay such a high fee? Upon asking him, how come they got so much client datebase with them when they are so new in this trade, he replied me..some executives in those timeshare companies sold their datebase to them... I was like WOW!
Before, I left I requested for a namecard from this interviewer..who claimed he exhausted all of it and unable to give me one...
After I surf the net and read up all the postings here, i think this is another scam company
"I-Generic Pte Ltd"
http://forums.hardwarezone.com.sg/showthread.php?p=33948583
To all reading this I am YEO replying to FactoryEffex's comment.
To FactoryEffex (KYWC) I know very well who u are.
Your comments are incorrect to a point of being untrue.
QUOTE "As the conversation goes on, i was told "advisory fees" can reach up to $6k to settle off the timeshare be it legally or through their company... The interviewer, who address himself as "Mr Yeo or Ho", told me they are the first company doing this...As a consultant myself, i was like doubtful..the clear cut way would be go to CASE and why the client must go to them and pay such a high fee? Upon asking him, how come they got so much client datebase with them when they are so new in this trade, he replied me..some executives in those timeshare companies sold their datebase to them... I was like WOW! "
As this comment is directed at me (my name is mentioned) it is now taken as a DIRECT DEFAMATION. Legal steps will be taken against you soon.
On the company level, you have also DEFAMED its good name by calling them , QUOTE " After I surf the net and read up all the postings here, i think this is another scam company
"I-Generic Pte Ltd" "
I am advising the company Directors to take action against you.
To fellow readers, have a serious and deep thought.
If I dare to challenge this person and his posting, What does that tell you of me and the Company I work for?
Today, 05:48 PM #14
FactoryEffex
Junior Member
Join Date: Jun 2008
Posts: 1 Lucky, I did a research on this Timeshare thing..
I apply for a position with a newly established company called "I-Generic Pte Ltd" as a business executive, went down and they are also dealing with "Buying back your Timeshare" at a fee...They are located at The Central SOHO1, the whole office is very very new..
Well, the commission is fairly good provided I can hit sales target of more than $10k... They told me, if i join them my main role is to call up clients in their datebases and seek clients who wants to sell away or terminate their timeshare. As the conversation goes on, i was told "advisory fees" can reach up to $6k to settle off the timeshare be it legally or through their company... The interviewer, who address himself as "Mr Yeo or Ho", told me they are the first company doing this...As a consultant myself, i was like doubtful..the clear cut way would be go to CASE and why the client must go to them and pay such a high fee? Upon asking him, how come they got so much client datebase with them when they are so new in this trade, he replied me..some executives in those timeshare companies sold their datebase to them... I was like WOW!
Before, I left I requested for a namecard from this interviewer..who claimed he exhausted all of it and unable to give me one...
After I surf the net and read up all the postings here, i think this is another scam company
"I-Generic Pte Ltd"
hi ripalicious, no offence taken..
But i'm sure that people reading your reply to my post must be wondering why you sound like you are defending IGENERIC.
As for my nick, remorseful it's an obvious answer as i have already explained in my previous post which is that i feel remorseful for having been cheated time and again and parted with my hard earned cash and knowing that there will never been an end to it, and thus i am sharing my view with others on the scam companies that i have been to, I do admit that even thou i know there are alot of scam companies out there i still go to any companies that call me up offering to unload my burden off me, just to see what they have to offer for the purpose of compiling evidence of all those scam companies and handing over what evedence i have to the CAD. Coz i think thats the best alternative for all of us, coz i know that the Silver Lining might never come. So the best i can do is to stop them from cheating others like me.
i do wonder thou, why aren't u remorseful after being ripped off as what u mentioned in your post?
Or maybe your nick ripalicious really means Ripping people off and loving it....?
and lastly to all out there.. don't be fooled by all the post in these forums, coz we might not know if they are the victim or r they really the CULPRIT!
Best alternative for everyone, gather what information you have and let the authorities do their job.
Hello remorseful77.
No offense was made so why then did you mentioned "no offense taken"
I am amazed at your insinuations and your accusation.
Read your own response:
"people reading your reply to my post must be wondering why you sound like you are defending IGENERIC" and "Or maybe your nick ripalicious really means Ripping people off and loving it....?"
I for one is posting my comments for the benefit of all Timeshare owners like you, me and the other owners.
Allow me to pose a simple question to your comment
"sharing my view with others on the scam companies that i have been to, I do admit that even thou i know there are alot of scam companies out there i still go to any companies that call me up offering to unload my burden off me, just to see what they have to offer for the purpose of compiling evidence of all those scam companies and handing over what evedence i have to the CAD"
It seems that you have been to many of these companies, maybe all of them. Thus you should have collected or compiled as you nicely phrased more than a handful of them. When may I on behalf of the timeshare owners who have been scammed, conned, etc. ask are you going to the authorities and providing us with solid evidence so that we too can do likewise with the information that you can share with us.
Wouldn't it make your case stronger for the authorities to act?
You mentioned that I sound like I am defending IGeneric. come come Remoseful77 read the other comments in response to yours besides mine. They are indeed giving defense and support to IGeneric.
Me I am asking you for more information on what happened on your visit to IGeneric that's all.
Why then are you so DEFENSIVE & SENSITIVE TO MY COMMENT.
Kindly read my 1st reponse to your comment paragraph 10, which states:
To anyone who reads this comment and to Remorseful, kindly do not misunderstand. I am not with IGENERIC, Axial or any of those companies I HATE THEM TO HELL, and neither am I against you "Remorseful".
"neither am I agains you "Remorseful". Why are you taking up arms against me?
The other 2 reponses to you are a direct confrontation with you. Why are you not giving them the same treatment as me on the same day as you made your response to my comment. Your response to them now will not carry anymore weight I am sad to say because I have just enlightened you.
Once again, I ask and this is copied and pasted from my 1st comment;
"How do you know so much of a new company? (I checked with ACRA after your comment)
Who are these people you say who have worked for Axial and LGM?
Did you take up the offer from Axial?
You only said that you went to IGENERIC but did not tell us what happen.
When were you there ? Who did you meet? etc.
Let us the general public judge for ourselves and not just hear from you which is a one-sided version. Everyone of is trying to get out of this fix. Thus we need more from you (as I can see, you are the only 1 giving information on this IGENERIC)".
I am timeshare owner myself like I said, from 1 resort to another spending in total more than $40k. From Calypso Plaza many years ago to Tiki about 8years ago and I have been to about 3 timeshare companies to try to terminate to no avail.
So I and I believe other timeshare owners need to have more information so as to make a logical judgement and hoping for a Silver Lining to appear.
Oh about the Silver Lining. You said "i know that the Silver Lining might never come".
What makes you so sure? Are you one who subscribe to the thought that "Once a convict will always be One". Why then is our government promoting the Yellow Ribbon project.
There must be one kind soul in Singapore to assist us and I hope it does come soon.
Finally kindly be matured enough to stop calling names "Or maybe your nick ripalicious really means Ripping people off and loving it....?" I don't because I am is looking towards an end to the scam and conning of innocent people.
)= )=
Hi i am totally sad and remorseful with what happening in Singapore.there seems to be no place for me to trust or confide with my sorrow.recently been to a blog of igeneric,well when i see that cuming i saw a growing light through the tunnel that i am in.i thnk that there are still people out there who can help me with my problems.each move i make i have always been discreet and dont wish any of my friends to knw with the problems that i am into.i m a timeshare victim with having paid to quite a few companies,with having the latest ones sign with axial management.to my astonishment,when to igeneric,i saw the same guy who work in axial..? well when i see that cuming,i know tis is all a plot of BUSINESS MODULE acting as a GOOD COP.i am totally turn off with the sight of the ppl in there..not one but two same ppl working in axial.and one of the guy are the person who used to wrk in LGM.i may not know him that well but one thng i am certain,these companies being set up with NO GOOD INTENTION at all.i may be losing my instinct but one thng for sure all i can say to u people out there: beware of A COMPANY CALLED IGENERIC.they are trying tactics to lure innocent people by setting up tis blog of theirs and having different intention.at the end of the day one thng i am certain..there seems to be no free lunch in this world.BEWARE!
this company of IGENERIC may also involved with others timeshare marketing companies..? coz i am puzzled of how they know my details and etc....!! i hate thse kind of unscupulous company and people who is out there to cheat innocent people for their own gain!
http://forums.hardwarezone.com.sg/showthread.php?p=33948583
Today, 05:48 PM #14
FactoryEffex
Junior Member
Join Date: Jun 2008
Posts: 1 Lucky, I did a research on this Timeshare thing..
I apply for a position with a newly established company called "I-Generic Pte Ltd" as a business executive, went down and they are also dealing with "Buying back your Timeshare" at a fee...They are located at The Central SOHO1, the whole office is very very new..
Well, the commission is fairly good provided I can hit sales target of more than $10k... They told me, if i join them my main role is to call up clients in their datebases and seek clients who wants to sell away or terminate their timeshare. As the conversation goes on, i was told "advisory fees" can reach up to $6k to settle off the timeshare be it legally or through their company... The interviewer, who address himself as "Mr Yeo or Ho", told me they are the first company doing this...As a consultant myself, i was like doubtful..the clear cut way would be go to CASE and why the client must go to them and pay such a high fee? Upon asking him, how come they got so much client datebase with them when they are so new in this trade, he replied me..some executives in those timeshare companies sold their datebase to them... I was like WOW!
Before, I left I requested for a namecard from this interviewer..who claimed he exhausted all of it and unable to give me one...
After I surf the net and read up all the postings here, i think this is another scam company
"I-Generic Pte Ltd"
Hi remorseful77, thanks for sharing information with us, the public. But I beg to differ of what you've mentioned though. I have been called by Igeneric and have been there, but the company did not seem to be the same as the other companies that I've been to before. I was not being pressed by the service assistants and there was no hard-selling at all, unlike other companies.
When I decided not to take up any services due to my financial reasons, to my surprise, they did not force me at all. I feel less pressurized when I was there, compared to other companies I've been before.
I'm just here sharing my experience with Igeneric and I feel that this company is a genuine one as I have faith in it somehow. However, I would not strongly against or totally support any company, I'm just merely sharing my thoughts though.
Cheers.
Pardon my usage of proper English grammar as I am not an endorser of incorrect useage of the language.
I am mad with these so called companies thus is very cautious and careful with my hard-earned cash.
A few questions if I may,
How do you know so much of a new company? (I checked with ACRA after your comment)
Who are these people you say who have worked for Axial and LGM?
Did you take up the offer from Axial?
You only said that you went to IGENERIC but did not tell us what happen.
When were you there ? Who did you meet? etc.
Let us the general public judge for ourselves and not just hear from you which is a one-sided version. Everyone of is trying to get out of this fix. Thus we need more from you (as I can see, you are the only 1 giving information on this IGENERIC).
I agree, THERE ARE NO FREE LUNCHES IN THIS WORLD OR ANY WORLD.
The reason why people get conned time and again is GREED.
They look for gains in trying to resolve their problems.
Like a gambler looking to recoup his losses with winnings, he gets himself more and more into the dark damp world.
Looking for gains on your losses will not happen. Unless you, as they say in the financial investment circle say, are willing to CUT LOSSES. Then and only then will the problem/s be resolved.
Remorseful, your comments seems that you are up in arms against this particular company and not Axial or others who have cheated you, for reason known only to yourself.
Is this a personal vendatta? If so, don't want to get others involve in it.
To anyone who reads this comment and to Remorseful, kindly do not misunderstand. I am not with IGENERIC, Axial or any of those companies I HATE THEM TO HELL, and neither am I against you "Remorseful".
There must be a Silver Lining and the general public is looking for one, and I just want to find a way to rid of the burden.
In case you don't know, I have been ripped too, as the name implies 'RIPALICIOUS".
Since then, I have been very cautious so that I don't part with anymore of my hard-earned cash.
I have been to many of these companies only to be asked too put up more money with promises of substantial profits and what not. NO FREE LUNCHES BUT THERE MUST BE A SILVER LINNING AND I BELIEVE, ONE DAY IT WILL BE THERE. Only that I have to be patient and suffer this fate until the day comes to CUT LOSSES.
By the way, "Remorseful" - Why the name, what are you remorseful about? What did you do to be remorseful? Did you scammed the poor many of us miserable timeshare owners too.
Hei, u thing two worker who work at IGeneric is a scam people. Thing again why thy working at LGM in first place?? Why? Coz LGM is a scam company & the manager is a lies..try to cheat people money to he/she account to weathly his/she people.. Thy realiase it. And thy wanted to change it to help people weathly. Wait and learn one day ur timeshare be a scam.. So u as a timeshare holder go and check and keep up update ur own timeshare detail. Have thy doing thy work or a scam?? think twice before its to late And u read this comment is because this person is dont know anything about IGeneric truth self company..
i heard that ERI is liquidating and that their Judicial Managers are looking at meeting up with us people.
Is that true?
This is so interesting. All looking to make money but got scamed.
Please go to my home page and see an online business that has been making people money since 2004.
Good luck to you guys about your timeshare.
Gosh,
I wish i had come to this forum much earlier. So many people on the same boat. I' m totally done for with timeshare.
can we really terminate our contract? can i join any group that is taking legal action against axial management or whatever name they call themselves?
im really angry at myself.
anxious lady,
I can say your $10800 paid to axial mgt is gone in the drain. I dont know whether if this company is still around because there are so many scam companies out there to suck your money and close down after 2 3 years and reopen to another company using new name and then they will call you again and again hoping to squeeze more money from you. Report this to police if you cant find axial mgt. I already told you, there is no such things as you have to pay an upfront money first before you can get your money. Why is it that you want to terminate your timeshare? I already told you, there are 2 options,
1.Use it
2.Leave it alone.
If you dont believe me, engage service from these ressale companies(whatever the name is ) 6 mths or 1 year later, another company will call you again saying that they can terminate your contract.
The choice is clear. Good Luck.
Mr Lee,
Thanks for the response. Fyi, i agreed to a asset liquidation plan with axial management which according to them, they take over my timeshare & invest in rental business. and in 3 years i will get my interest sum & no more hold on the timeshare. so for option i, im not sure i can use the timeshare anymore. [axial management office is closed, claimed relocated. i check acra.gov...now axial is n.k.a (now known as) Platinumbiz Enterprise , Bencoolen Street company regis same as Axial]
option 2..leave it ..but for how long? I dont want my children to be burden with it later.. seriously, im NOT thinking about the money i have paid or so call moni i will get. like you said its burnt. I signed up the timeshare wit my ex husband. I just wan to rid of it.
Option Vests offers me a solution but again with a price tag on.
Seriously, i'm not sure what to say to police ...Thanks anyway :p. I think i do have a better idea wat i NEED to do..:)
Anxious lady,
1. Use it-Check with the timeshare company that you've signed whether you still can use it. Do not believe any other 3rd party company tells you anything.
2. Leave it alone-Why cant you leave it alone? It just like a car you bought and you dont use it and want to leave it alone. Burden to your children? How? Dont be kidding.!! If you really want to terminate your contract, you should to back to the company that you've signed to enqure and not listen to all these 3rd party companies, they are out to con your hard earn money.
So now we know axial management had change to platiniumbiz enterprise, report this to the police, there is a commercial affair department to deal with business scams. You are a victim you must report to the police to put a stop of all these scam companies around. All I have to say to everyone is so simple: IF YOU NEED TO PAY AN UPFRONT MONEY FIRST BEFORE YOU CAN GET YOUR MONEY BACK, PLEASE DONT, ITS JUST ANOTHER SCAM TO CON MONEY FROM IGNORANT PEOPLE.
If you own a timeshare and someone called you invite you to go down to his or her office for a discussion. If you were told to pay a upfront money first (whatever the name is, transfer to their developer, en-bloc, liquidate, etcs...) before you could get your money back in 6 month, 12 mth or 24 mths... Please dont! There is no such thing! Because if you were to get back your money back in future why cant they deduct the services from the sales proceed after the job is done? One thing they will say: if you were to engage a lawyer, do you have to pay first?
If you own a timeshare, there are 2 options,
1-use it
2-leave it alone.
Forget about getting your money back by going to all these resale company because they will ask you to pay an upfront money first. There were so many companies closed down after 2-3 yrs and open another company by changing its name and then they will call you again.
Owning a timeshare is not really as bad as losing your money away in those resale companies. At least you can use it if you want to.
HELP!
I signed up with Axial management early this year because they claimed that after 3 years n a pay out , i do not own any more timeshare. That was my main reason signing up with them. paid 10800 k.
Recently PlatinumBiz called n set an appt but I didnt go. At the same time, a company called OPTIONS VEST called n claimed that they can engage a lawyer to terminate all my time share contract. I was desperate n i REALLY want to get rid of the time shares so i agreed to their ternination proposal.
Please help me! Are they for real or they too are another scam? Whats freaky is that one of the director happen to be my next block neighbour! they claimed that within a month or so after paying laywer's fee & letters of termination from the time share companys, my time shares contract will be PERMANENTLY terminated.
Can anyone verify this termination is possible & legal? ANyone been called by OPTIONS VEST? I need responses urgently kos im meeting them tmrw to pay 20% of the fees.
Anxious & desperate!
hi, anyone received calls from titac d'azure located in amoy street ? anyone been there before ?
Timeshare is not a scam, but most of the companies that run timeshare actually failed due to the reason financial mismanagement, and i have come to know also that 50% of what we paid for a package goes to paying sales commissions.... Crap.... We know this is crap so why do it, risking your money??? well i did it myself and lose some money but lesson learnt. Instead of buying and falling for timshare or another investment example like Sunshine Empire....better go to this company and plant a tree for SGD$35... do charity good and also environment good... dont believe check it out....www.stemsandxylem.com
Hi
Its a reminder never to sign up for any Timeshare company contract or whatever travel thing. My dad signed up under Garraway aka Concept Travels and we are stuck with this thing for for god knows how many years.
They do some hardselling thing, wrote some 'benefits' on a piece of paper which they kept it afterwards. All the 'benefits' are a huge load of crap which we never get to enjoy.
When engaging with their services, the first proposed rates is so much higher than the published rates by the airlines,tour agencies, etc. Had to make noise with them before they make it $50 cheaper. Worse, they can actually take 1 week plus to reply.
And no. its not the first trip... my subsequent ones with them is also the same.. therefore we had no choice but to complain to CASE.
Till now, problem is still pending. The director apparently cant seem to be bothered. Their replies to CASE was slow. They really really cant seem to be bothered.
Now, we're being bug by another company "Option Vests". They said that they can help us claim back the money, etc. But I really doubt so. Will check with CASE and seek for their advices next week.
I did question "Option Vests" on how they know about us. They said something about our list being displayed on this Developers' List the moment we signed up w Garraway. Strange right?