Arizona Attorney General Mark Brnovich issued a warning to consumers regarding the surge of sophisticated timeshare scams.
In a statement, Brnovich said his office observed an increase in consumer complaint regarding scams involving resale
Brnovich said Scammers are taking advantage on “that vulnerability to steal” those people’s money. He advised Arizonans, “Never wire or send money to people you don’t know or to a stranger in another country.”
Timeshare scams: Con artists pretend as real estate brokers
Scammers often pretend as real estate brokers when they contact a potential victim who owns timeshare interests in certain hotels or resorts in Mexico. They claim that a buyer is interested to buy or rent their timeshares and is willing to pay thousands of dollars.
However, scammers tell their potential victim to pay the taxes first, put money into an escrow account, or wire money to accounts in Mexico. They will try to continue to get money from the victim until he/she runs or money or realizes that he or she was scammed.
