Home > News Archive > Scambusters Update - September 2013

Scambusters Update: VO Group Found Guilty

We are pleased to report that justice has been served to the individuals associated with one of the largest scam companies in the industry - the Vacation Ownership (VO) Group. A twelve-person jury unanimously found four out of the five defendants standing trial guilty on multiple counts on Thursday, Sept.5. In January, a federal grand jury for the District of New Jersey returned a 44-count indictment against the principals of VO Group and co-conspirators. Prior to the trial, 13 co-conspirators pled guilty to the charges against them.

Our owners repeatedly reported that the VO Group engaged in unlawful business practices — attempting to defraud unsuspecting owners. We've received similar complaints about VO Financial, which was operated by the same principals. For several years, Wyndham Vacation Ownership and our owners have partnered with the FBI in their criminal investigation leading up to the charges and subsequent trial.

Read the FBI’s official announcement.

"This is a triumphant day for the timeshare industry as individuals who conspired to harm our valued owners are held accountable for their actions," said Franz Hanning, president and CEO of Wyndham Vacation Ownership. "I’d like to thank the U.S. government, the U.S. Attorney’s Office Criminal Division in Camden, and all the special agents involved in this case whose hard work and diligence exposed this fraudulent company, resulting in multiple convictions. Today, a jury determined the truth about the people behind VO Group and VO Financial and justice was served."

We are here to help. If you are contacted by someone claiming to be a Wyndham representative, reach out to Owner Care at 1-800-251-8736 to verify the claim or offer. These precautions could prevent a scam.

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

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