TIMESHARE SCAM: HOW TO SPOT AND AVOID THEM
Selling of timeshares is not always fruitful. People are unsuccessful majorly due to the fact that the market is overwhelmed and it doesn’t matter how tight it is, any financial deal can encounter the possibility of loss. At such times, an unexpected offer from a “timeshares reseller” claiming to provide an immediately remunerative deal is hard to counter, right? Not just you, the scammers also know this.
Learn how to spot and bypass some common forms of a timeshare scam.
Non-requested Mails/calls:
Mails that are not requested, calls that you did not anticipate can always be tempting in times of distress. But don’t be fooled. These are subtle methods used by scammers to get a hold of your finances. Initiating contact is not bad but cautious moves are a mandate in every relationship. Always be on a lookout for complete transparency in the online advertisements that the
Requests for payments upfront:
If anyone asks for permission to sell you timeshare and also claims that he or she already has a buyer, and only needs you to pay the taxes as an upfront fee, never get inside those calls. The scammers are naturals when it comes to conning people on the basis of what they say. Victims are often tricked into thinking that they are talking to someone legitimate. If the offer is real, then money should only be talked about after the deal is over, not anywhere near when it has not even begun.
Impulse Tactics:
Scammers will most of the time use language like the offer is available for a limited time only and it is imperative for them to act immediately or else, they will miss an ultimate opportunity. Such tactics give the scammers a chance to take the money out of your bank account once you begin making rash decisions and stop backtracking the information that the scammer gives out.
Refund Scam:
The cherry on the topping, this scam is when you have already been scammed and another scammer wants to make more money out of your misfortune. Refund scams are known to be the worst in terms of emotions.
Imagine being scammed once, then seeing a ray of hope in some agency that makes you believe that the money that you just lost will be back. What happens is, the original scamster will share your details with another scammer and that scammer will pretend to be someone from the government. Always remember, no government agency will EVER call you and ask for the sensitive details of your personal accounts.
