Home > News Archive > Scambusters Update - May 2013






Scambusters Update

One company claiming to help victims of timeshare fraud when in fact, they practice what they preach against, is VO Financial. We have reason to believe that VO Financial is linked to Vacation Ownership (VO) Group — the two companies share the same principals. Our owners have reported to us that VO Financial is carrying on unlawful business practices — attempting to defraud unsuspecting owners.

Why should that matter to you? Recently, a federal grand jury for the District of New Jersey returned a 44-count indictment against the principals of VO Group and co-conspirators for their alleged roles in a $3 million mail and wire fraud conspiracy involving timeshare mortgages. And to date, 13 co-conspirators pleaded guilty to charges against them. The trial for the remaining co-conspirators is scheduled for July 8, 2013.

We are here to help. If you think you’ve been the victim of fraud by VO Financial, or have simply been contacted by them, we want to hear from you. Help us protect you and your fellow owners by calling us at 1-800-457-0103.

As a reminder, protect yourself from timeshare fraud with these helpful tips.

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