Of Timeshare scam artists
Once upon a time, Little Red Riding Hood was set upon by some hoods and she got hood!
hey peepz~tell ya wad, define time-share, since u know its a scam and there is alot of news bout them, y still fall? den once kena u wan make noise.. stupid rite? like smacking ur own face wit ur own palm.. wah lau u pple ar no brain sia... news are spread like water fall wid regards of this time-share things... since u are naive, den dun blame others these telemarketeer are juz findin sources for their rice bowl.. so if ur gullible enuf to be con, then its not their fault... blame it on ur incompability! gunduheads
i kinda of agree with yr comments...but we cant just sit here and do nothing waiting for more of them to slaughter us. We r sharing our experiences here...if u r not involve in these scams i suggest u leave us alone. These scums shld be stopped for manipulating more pple.
Have you guys registed with RCI? RCI helps to exchange holidays between members, you can't be a member if you don't own a "holiday". I guess if you have, that means your membership is real.
If ERI doen't represent HCAP, then they have no rights to "request" for further payment from you for the membership, right? Logically HCAP should be the one who goes after you for the payment. E.g. if you buy a xxx car from Company A but Company A doesn't deal in xxx car, then the Company can't give you the car even if you paid up full, can they?
LGM ceased operation but the company still has operating office offering tour bookings and enquiries. The office is opposite Garraway unit@Takashipmaya Office Tower. We've been there several times to verify the company's operation and they told us they're still in operating. Any LGM members out there to discuss?
Someone advised me to gather a group of "members" with similar case, engage a good law firm to mediate with or sue the company, instead of doing it on my own.
We are in the same boat.
Jacque, even if we group up to get a lawyer, what are our chances of winning?
What about the lawyer's fees? Would it cost more to fight?
How many ERI members and LGM members here who are willing to group up to engage Lee & Lee?
Please contact me,
sword0fjustice81@yahoo.com
You may be surprised to know about your chances. And the legal fees to begin with are not so big... There are ways to do it, if done properly. I am testing one of them. I have quite a few more attempts to come. This is the first one i am talking about, i posted some facts here:
We've just attended the Axial Mgmt session. The guy was not happy and didn't wanna do a "Valuation" on our Calypso Plaza membership w LGM after we told him we're broke and our credit cards are fully utilised! Then his "manager" came in, summarised in 20 mins whatever the guy had said in 90mins. Told us it'll cost us GBP8000 (abt S$20K) to get a full investment return in 16 mths. We told him we'd consider if it's S$8K and he took it! Offered us $9K (inc $2k admin) but can only get back 50% of our invested amount. They even have in-house financial assistant to help us with our $9k!
Forget abt CASE! get Lee & Lee if you have the $$$ and time to attend court. Now that LGM has ceased operation, we don't even know who to "sue" when the developer (Calypso Plaza) issue us a letter cause all payment was made to LGM since day 1:<
To those who signed with Axial Mgt/GETAM
We found out that GETAM was registered in Feb 07 but on GETAM website stated that it was founded in year 1992. Do a search & you won't find any information about GETAM from year 1992-2006. The reason is because www.greateasterntrust.co.uk is registered under Axial Management and this domain was registered in 26 Feb 2007
Ideally, one has to filed an agreement with the actual timeshare company in order to make it legal to loan or take over your membership. Look at the contract of your timeshare. Or you can check with your timeshare if such buyback scheme exist & whether the membership still belongs to you
You might be able to get some payout but unlikely will last through the 3rd year. Co, Ltd/Pte Ltd kind of companies are very easy to shut down & they have very limited liability. You don't want to end up losing $$ and still stuck with a timeshare contract!
I am trying to work things out as a group so contact me if you are one of them or know someone that has signed with Axial Mgt
Charles,
What do u intend to do by gathering a group...hired a lawyer?
contact me, my lawyer approved my plan. You can contact me from here:
I've just gotten a call from this company call Meridian Strategies Pte Ltd saying they are calling Axial Mngt customers on behalf of Timeshare Association. This lady Melissa said Great Eastern Trust is terminating Axial Mngt as their Singapore represenatative. But I went into http://wck2.companieshouse.gov.uk/0ace31efe56d2ea9a38b176919183324/compdetails only to find out that GETAM"'s nature of business is grow cereals & other crops.
Anyone can advise?
Hi Sandra,
My wife received a call from Axial Management recently and they claimed that they are appointed by Great Eastern Asset Management in UK to buy back timeshare from existing owners for re-development. When I checked with our resort, they warned us that it's a scam. They advised us not to provide them with any information such as membership number, etc.
I believe Meridien Strategies is another one of those scumbags trying to cheat timeshare owners of their money. Stay away from those bloodsucking scumbags!!!
dragons : my email to you bounced back.
I AM VERY WORRIED, SOMEONE PLEASE ADVISE.
I too have received a 3rd letter from Villas & Hotels "Letter of Intention" stating that a "WRIT OF SUMMONS" will be taken out against me for my outstanding membership payment ($19000+) to ERI.
I have only just recently taken my issue to CASE but to no avail.
It seems that CASE has received similar from thousands of others like me and has yet to win a single thing against ERI or Villas & Hotels.
Most of those who went to CASE earlier than I did, almost all had to cough up thousands of dollars to Villas & Hotels, apparently more than the sum originally asked for in settlement during appointment visit to Villas.
Today I received another phonecall from Villas asking me to "amicably" settle my debt before the writ of summons is issued. This being the final chance for me.
Apparently ERI has given "green light" to Villas to pursue legal action on ERI's behalf and Villas will not hesitate to launch their solicitors on all those like me who has yet to pay up.
I am almost at my wits end.
Can anyone please please please ADVISE AND HELP ME PLEASE?
I have been retrenched since beginning 2007 and yet to find another stable job.
I do not wish to become a bankrupt.
HI,
How is your case coming along? I also receive the same thing. I gona ignore them!
Probably you wanna share and we should stay together in unity, and fight them.
Hi, my fiance also facing the same problem as you. how is things going onwith u now.? do they proceed with the summon? do you call or meet them to settle the matter?
for us, we hv not do anything yet. we have paid the deposit $2000 and hv to pay the bal $10800. we don't mind to forgo the deposit $$...can juz ignore it?
PLEASE HELP....
Hi Caroline , can u pls try again
My email address: dragons35sg@hotmail.com or u can try cpeixuan@yahoo.com.sg
Thk
I had also get a letter from Villa and Hotel claiming that they representing ERI. So i went down to see what way they could help me by terminate my contract with ERI.
I was told to pay around $9k-$12 at first, but after another man came in and say, i need to pay more at $15k, I say i will consider and after 1 week i met him again, by the time when i agreed to settle it in installment, then another man came in and tell me that it should be $20k, what the F is they doing, R they trying to scam me or what?
I told them i am in financial difficult as i was retrench again but they seem to ignore my plea. Could anyone advise me how can i purely terminate my contract with ERI with
was bought at 2002, i only pay for a few mths and stop paying cause of financial issue.
Email me at dragons35sg@hotmail.com
Hey Justin _T
I have currently siron,christina,raymond on email with the same issue . Somehow, my email to yours is always bounced or something..do u have any other email so we can keep one another in contact?
One of us has rec'ed the Letter of Intent ( a bit different from the final reminders letter)
Annoymous coward (who posted the long post on 25/4/08) : Can u email me so that I can have your email as well?
Hi Caroline
You can contact me at jtham75@yahoo.com.sg. How is the content of the LOI different from the usual final reminder / legal threat letters? I'm checking with HCAP on its current status with ERI as well.
Dear All,
I also have received the call from Victor and got the appointment for Tuesday 3.30. Will go and see how is the thing. Do they book the holidays on the same day? Do they atleast tell us when the dates are available or simply say "Nothing is available" (Unless you are paying ;))
I m going to take half day for this, so really hoping that these guys are not fooling me or dont do any pranks when we try to book the holidays.
Will keep you all posted.
Regards.
did any more people get the free ticket and hotel stay? is it real? should we go for the talk or not?
do u get to book your holidays?
after reading these pages, i do not know what to make of it? also got a call from guy name victor fr tel 63728983.. also mentioned abt free hotel stay etc. from some alliance (co)... for carraway enterprise.. asked to bring credit card cos got gifts for credit card holders (never mind fr which bank??).. assured me it is not timeshare & will not be pressured to buy anything... but going by the comments here.. even though some of you actually got your free holidays eventually.. it does not seem worth it for all the troubles ?? dont have the time.. to haggle over the dates & availablity of seats/hotels etc..
... guess will cancel my appointment with carraway on thurs !! or just simply forget to bring credit cards or bank cards?
Any updates on anyone who were sued?? We need to form a community to tackle these scamming companies!!
this is exactly what i am doing! With the exception i do not say the word "scam" or "scamming". Contact me from here and we can talk more about it:
Hi Guys.
I got the same letter from VILLAS & HOTELs. They sent me 1st letter and called me as well but I told em I am not interested in the options they proposed to me thus I am not coming down! Then in another few days time, I got another letter from them stating VERY URGENT, that if I do not respond to them, they will take LEGAL action against me!! After years and years of avoiding ERI 'final warnings' now I have this VILLAS and HOTELS.
What should I do? The dateline they gave me is this coming week. 30th.
Apprciate someone can advise me?
Sigh. Got a new installment-chasing letter from 'Hotels and Villas', apparently an agent for ERI. Letter was not very professional. Anyone have any news on this 'agent' or what's going on with ERI / their arrangement with HCAP?
Got the same problem here, the wife brought a timeshare membership from "EMPEROR Resorts International Pte Ltd" in 2000, before we got married, so after she terminated the payments due to the bad press timeshares are getting in the media. The whole matter reached a peak when we made a police report somewhere on 2002 or 2003 citing criminal actions after the company threaten to sue us. The police we approached then were very reluctant to open a case number for us but the wife got some very sharp legal friends along with her, the police have no choice, the whole matter dropped dead from there. R Recently a company by the name of VILLAS & HOTEL Pte Ltd (representing Empshit) sent us 3 letters with the final third letter threatening legal actions.
After reading all the posting here and else where, i have came to these conclusion
1) Dun spend time talking to these companies, all of them r scams, it is so easy to open a companies nowadays, just register and find a place to rent..
2) If Emp-shit got a legal case to sue, they will sue long ago, why wait so many years
3) Why can't Emp-shit have their own legal dept to handle the cases but have to outsource? They dun want to dirty their hands, bad publicity is no good, they are lying low
4) Anyone ever hear of a internet blog or forum where victims have been sued successfully? But we heard plenty of stories where victims are scammed again because they feared impending legal actions, paid some more in order to settle the matter to so and so but in the end no juice because the actual documents (the contact are hold by the original shitty con-artists). If a company comes to me and say, look let settle this, give us (so so amount $) we give you original contact (see first then pay) then i play ball but all they can offer is this and that but not the real issue.
5) By all means let them sue, in my case i have discussed the matters with some legal friends, the probability of losing or winning are 50-50, they know it but we dun know it.
So wise up, even if in my case i lost, i will get my buddies from the media to wrote some sob stories to blacklist these companies, better spend the money on some proper recourse then to those shitty con men.
6) Dun worry you never walk alone, those conmen will get the retributions they deserve, dun let them spoil your day, what will comes, will come...let them do all they can
hi, of you have connections with the press, let us combine our efforts. I have some too, but together there may be more leverage. contact me. I bought my timeshare from a different comapny - Point To Point Destinations in Vancouver, BC, but i can still see some synergy.
What I'm wondering is that if ERI is no longer the agent for HCAP (as appears to be the case), is the agreement fundamentally still valid (the other clauses notwithstanding)? Even if I pay up the remaining of the 50% required to activate the membership, I still wouldn't get it since they don't represent HCAP anymore, isn't it?
It is very distressful, every time one of these letter appear in the mailbox (and for so many years). But it is also clear to me this company is not operating ethically and resorts to scare tactics. I will stand strong.
Should i go? Today 20 Feb 2008 Time 3.30pm, At Takashimaya Tower B #14
I just go and see. Once 90 minutes over I will go home. And update at the forum.
hi siti did you get your trip in the end? how much you pay for the tax?
Sorta Samaritan : If u see this post, can u please email me? So at least I can email u regarding any queries. I m trying to form a group of people now. Just emailed some of the people who has posted here.
Thanks .
hi Caroline, I am doing the same, but i bought my timeshare from a different company - Point To Point Destinations in Vancouver, BC. Check my web site, contact me please from there:
We do not have a website for you to print out the vouchers because they are all tagged by serial number for reference purpose but you can always email my goodself and provide me with your address and particulars including your name and passport details for travel reservation purposes and we will mail it to you. We are unlike certain companies who promise the world and give nothing in return.
Cheers guys
I cannot believe the stupid boss of Data Deli dares to write in here. If he really wants to give out free vouchers, give us a link here and we print out the vouchers ourselves then if we do get to go for the holidays, we will certainly give him a positive response, right here!
Dare to give?
They go by the name Data Dynamikz and Garraway too.
Whats going on?
Hi, I have also received a call recently from Axial Management claiming that they are helping Great Eastern Trust & Asset Management Co. Ltd (London) to buy back time share from Star Resorts for development. They act under GETAM to approach me for compensation in return for me to sell my time share. Again their condition is for me to pay upfront of $15,000 ($12,000 for the break lease fee and $3000 for admin fee). GETAM will then compensate me $33,000 16mths later (including of the $12,000 for the break lease which they claim is refundable). I find it weird since first of all, mine is a trial time share and has already expired in Dec 2007, second how can I be guaranteed that I will get the amount in 16mths later even though they said it's guaranteed in black and white. I have a feeling that this is another scam so I did a research in the web. To my surprise there is really this GETAM in UK and they did employed Axial Management to act as their sole service provider in SEA region. (http://www.greateasterntrust.co.uk/. Look under upcoming projects for the buy back)
I have not yet signed anything with them and they requested me to meet up with them soon to talk about the compensation and the fees. I have met up with them once this week which they have shared with me on the buy back matters and they just called me on the valuation of my time share, compensation and fees to be paid. I'm quite lost now as to whether to believe them or not and if not, will I be liable for any legal matters with regards to the maintenance cost for the timeshare (which Star Resort never informed me before of this cost) or any other matters that they can come up with. Is there anyone who has recently has the same experience can share with me your solution or pathforward??
Hi...Recently i did get call from one of Axial Management staff regarding my timeshare.Like you,I was very skeptically about the whole thing but I did came to their office to hear what they have to offer.
They seems well prepare at what I'm going to throw at them.Question after question was asked and the answer they gave was well receive.They call it Liquidation Plan.Document of proof and the transparency of their work have convince me that MAYBE they are the right people to help on our plight.
I've decided to take their offer as there was a cooling period of their services.If you think that they are out to scam you,then you can cancel their offer during that time.On top of it all ,I got a documented guarantee of the return that I'm gonna get.But the only thing that made some timeshare holder shun them is the fee for their services and also the processing time of 16mths.
I'm willing to wait as long as I am guarantee of money that was invested being return to me and also guarantee of no more timeshare.So,think it over.Hopefully that they are the right people that can really help us with our timeshare.
Hi, I have also received a call recently from Axial Management claiming that they are helping Great Eastern Trust & Asset Management Co. Ltd (London) to buy back time share from Star Resorts for development. They act under GETAM to approach me for compensation in return for me to sell my time share. Again their condition is for me to pay upfront of $15,000 ($12,000 for the break lease fee and $3000 for admin fee). GETAM will then compensate me $33,000 16mths later (including of the $12,000 for the break lease which they claim is refundable). I find it weird since first of all, mine is a trial time share and has already expired in Dec 2007, second how can I be guaranteed that I will get the amount in 16mths later even though they said it's guaranteed in black and white. I have a feeling that this is another scam so I did a research in the web. To my surprise there is really this GETAM in UK and they did employed Axial Management to act as their sole service provider in SEA region.
I have not yet signed anything with them and they requested me to meet up with them soon to talk about the compensation and the fees. I have met up with them once this week which they have shared with me on the buy back matters and they just called me on the valuation of my time share, compensation and fees to be paid. I'm quite lost now as to whether to believe them or not and if not, will I be liable for any legal matters with regards to the maintenance cost for the timeshare (which Star Resort never informed me before of this cost) or any other matters that they can come up with. Is there anyone who has recently has the same experience can share with me your solution or pathforward??
Hi,
In your article, you mentioned that you make a search in the web that there is really a GETAM in UK. Would like to check have you ever check with UK goverment bodies whether there is a registered company name GETAM ?
Thank you
I am in the same situation as you. Please drop me an email charles_lor@yahoo.com.sg
Hi, i post a few months earlier regarding this matter. I have ignore their letter and now i get another letter from another company called Villas & Hotels Pte Ltd stating that they represent emperor resort to demand money from me, what should i do?
Had send letter some time ago to inform Emperor Resort my intention to void the timeshare contract.
Today, I received phone call asking me to go to Villas and Hotel Pte Ltd office with an 'open mind' to 'settle amiciably'. Will be going down tommorrow evening and see what
they have to say.
Hi Everybody
Always remember there is no free lunch in the world. Remember when you go for those presentation don't bring your credit card, they will give you all kind of story and send you back.I did it on purpose when i went to Garraway presentation .
Hope you didn't trust them, in today's world, I can just register a website in any country, put up the webpages & tell you it's really have that company... will you believe, sghh...