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  • Timeshare scam Panama / Dominican Republic

    While on vacation, my husband and I got pressured into signing a timeshare contract. We were lied to beyond belief, and the sales pressure was very high... We were kept in the room for several hours. My husband could hear what was being said, but due to the loud music, I could hear very little, and although I complained often, little was done about it.

    I could go on and on about all they lied about and how they gave us champagne to drink while waiting for the contract to be finalized for us to sign... But long story short, I called my CC card company, disputed the $875 "closing cost" and now am in fear because they also have a promissory note for $6200 USD that is due to them on Monday (tomorrow Feb 10, 2014.) The contract reads that they will hire a collection agency if we do not pay, and we will be responsible for all fees.

    I am in panic mode, and have been physically sick since getting home from vacation yesterday and reading the contract over. We signed it in the DR, the company is based in Panama and we are US Citizens living in Wisconsin. (Wisconsin has a 5 business day cooling off law which I am praying applies to us even though the purchase was out of country?)

    I plan on sending a notarized copy of this law, form letter of Rescinding/Canceling a Timeshare to the Bahia Principe Privilege Club and RCI (companies involved on contracts) Anything else I need to do?

    Also there was other serious problems I had at the resort that destroyed my vacation that I am having problems coping with now..

    Thanks in advance for any advice or input.

  • #2
    Re: Timeshare scam Panama / Dominican Republic

    Originally posted by swindled View Post
    While on vacation, my husband and I got pressured into signing a timeshare contract. We were lied to beyond belief, and the sales pressure was very high... We were kept in the room for several hours. My husband could hear what was being said, but due to the loud music, I could hear very little, and although I complained often, little was done about it.

    I could go on and on about all they lied about and how they gave us champagne to drink while waiting for the contract to be finalized for us to sign... But long story short, I called my CC card company, disputed the $875 "closing cost" and now am in fear because they also have a promissory note for $6200 USD that is due to them on Monday (tomorrow Feb 10, 2014.) The contract reads that they will hire a collection agency if we do not pay, and we will be responsible for all fees.

    I am in panic mode, and have been physically sick since getting home from vacation yesterday and reading the contract over. We signed it in the DR, the company is based in Panama and we are US Citizens living in Wisconsin. (Wisconsin has a 5 business day cooling off law which I am praying applies to us even though the purchase was out of country?)

    I plan on sending a notarized copy of this law, form letter of Rescinding/Canceling a Timeshare to the Bahia Principe Privilege Club and RCI (companies involved on contracts) Anything else I need to do?

    Also there was other serious problems I had at the resort that destroyed my vacation that I am having problems coping with now..

    Thanks in advance for any advice or input.
    The cooling off period to which you refer is ONLY good on contracts issued in the state of Wisconsin, so that doesn't apply.

    The truth here is that you are likely stuck with the debt. You may have been subjected to high-pressure sales tactics, but unless they held a gun to your head or subjected you to coercion or extreme duress, no one forced you to sign the timeshare agreement. The fact that you are having second thoughts now won't be enough to void your legal obligations under the contract you signed.

    Don't expect your card issuer to honor the dispute, either. If it was a legitimate charge, they may well deny that. All the timeshare company will need to do is show a copy of your signed contract and agreement to pay to prove legitimacy.
    "If it ain't in writing, it never happened."
    "A lack of planning on your part does not constitute an emergency on my part."
    "You can never make the same mistake twice, because the second time you make it, it's not a mistake, but a CHOICE."

    Comment


    • #3
      Re: Timeshare scam Panama / Dominican Republic

      I wish to inform you that the courts and the law of the jurisdiction stated in your contract will have jurisdiction in this matter. You may serve a written notice on the other party. If they do not resolve the matter then you may file a lawsuit. The burden of proof in the court will be on you to prove the allegations and claims made by you. You may provide details of the misinformation and pressure under which you signed the contract which was not out of free will. You may request the court to cancel the contract. The court will consider all the facts and decide the matter.

      AFF

      Comment


      • #4
        Re: Timeshare scam Panama / Dominican Republic

        What can they actually do to collect the debt from the contract if unpaid being it is from another country?

        Can they bar passport?

        Or can only credit be marred for 10 years and potential of suing? Would anyone typically bother suing a US citizen for less than 10,000USD?

        Comment


        • #5
          Originally posted by Unregistered View Post
          What can they actually do to collect the debt from the contract if unpaid being it is from another country?

          Can they bar passport?

          Or can only credit be marred for 10 years and potential of suing? Would anyone typically bother suing a US citizen for less than 10,000USD?
          We are in the same position! Please let me know if you were able to do anything

          Comment


          • #6
            Re: Timeshare scam Panama / Dominican Republic

            Originally posted by swindled View Post
            While on vacation, my husband and I got pressured into signing a timeshare contract. We were lied to beyond belief, and the sales pressure was very high... We were kept in the room for several hours. My husband could hear what was being said, but due to the loud music, I could hear very little, and although I complained often, little was done about it.

            I could go on and on about all they lied about and how they gave us champagne to drink while waiting for the contract to be finalized for us to sign... But long story short, I called my CC card company, disputed the $875 "closing cost" and now am in fear because they also have a promissory note for $6200 USD that is due to them on Monday (tomorrow Feb 10, 2014.) The contract reads that they will hire a collection agency if we do not pay, and we will be responsible for all fees.

            I am in panic mode, and have been physically sick since getting home from vacation yesterday and reading the contract over. We signed it in the DR, the company is based in Panama and we are US Citizens living in Wisconsin. (Wisconsin has a 5 business day cooling off law which I am praying applies to us even though the purchase was out of country?)

            I plan on sending a notarized copy of this law, form letter of Rescinding/Canceling a Timeshare to the Bahia Principe Privilege Club and RCI (companies involved on contracts) Anything else I need to do?

            Also there was other serious problems I had at the resort that destroyed my vacation that I am having problems coping with now..

            Thanks in advance for any advice or input.
            All you have to do is to stop paying them. I did the same myself. Melia scammed me $7500. A timeshare story of deception, fabricated by a Vacation Club staff referred as a Melia scam. It all started in 2011, when we vacationed as a family in Punta Cana. Their salesmen are desperate to make money and will promise you earth and moon

            Comment


            • #7
              Originally posted by meliascam View Post
              All you have to do is to stop paying them. I did the same myself. Melia scammed me $7500. A timeshare story of deception, fabricated by a Vacation Club staff referred as a Melia scam. It all started in 2011, when we vacationed as a family in Punta Cana. Their salesmen are desperate to make money and will promise you earth and moon.

              THE ****ers scamed me to!
              For 3000$ aprox. I still have to Pay 2300$
              But i told THE Guy today im not going to do that!
              He Saïd he Will follow legal procedure.
              Im fine with that! Let them come to belgium And try to take my money.
              Or is there Anthony else i can do!?
              THE club says iTS unbreakable bla bla
              And they have not à timeframe in THE contract.
              I signed iT with my drunk And stupid head About 48 ouhrs ago.

              This club ruïns my vacation!
              Anyone can help me??

              Gr joep from belgium

              Comment


              • #8
                Re: Timeshare scam Panama / Dominican Republic

                Hi i cant believe im reading this u was scammed also and I lost 3400 dollars and still need to pay 7000 this was during my vacation from hell in panama. I tried canceling the day after and they told me that I couldn't because the contract was signed by me. I got caught up in the good environment nice music and the alcohol they serve u while ur handing ur credit card to them for a so called reference check but little did we know the guy came back from swiping my card 3400. I was and still in shock with no way out but loosing my money.

                Comment


                • #9
                  Re: Timeshare scam Panama / Dominican Republic

                  They (bp privilege club salespeople) are there to confuse and trap you. Our "60 minute presentation" had us "trapped" for 6 1/2 hours. They even ate lunch with us and escorted us by automobile to the signing room. I walked out of the signing room as I started to get a horrific feeling about this (scam). I asked my name to be removed from the contract, but they still had my credit card number from before. The phone lines were down due to the heavy rains that week, but wifi was working, so I contacted my credit card company that way and put in a dispute for the charges (as I did not sign their contract). The 1-800 card numbers don't work in the Dominican Republic, so I also phoned them once I got home. It seems they charged me the down payment and "closing costs" more than once. When I told the salesmanager that the (new) clauses ( which my wife didn't read nor initialized) were untrue in the contract, he said " Don't pay!" I have cancelled my credit card number so further charges cannot be incurred. I still plan to write to the "White Rock Trading co." and state my wife's intention to cancel as she could'nt afford this "Vacation Package" in the first place ( financial duress). Even though they say you can simply say "NO" when they start their presentation, every time you say "NO" they come up with another deal. When you get up to walk out (without your "Gift") they say " Now you are insulting me, I'm trying to help you". This Privilege Club is a dark blot on Bahia Principe's reputation, but people at the hotel are powerless to stop it, even fearful of warning incoming tourists about it.

                  Comment


                  • #10
                    Re: Timeshare scam Panama / Dominican Republic

                    Is it doing fraud with the companies?

                    Comment


                    • #11
                      Re: Timeshare scam Panama / Dominican Republic

                      Timeshare fraud has been around since the timeshare idea was created, but they increase during poor economy. When times are difficult, timeshare owners are stuck with properties they can?´t travel to or even afford. Desperate to recoup some money to pay for bills, they can easily become victims to scams artists pretending to be their timeshare salvation who will take upfront fees -as much as five number figures in some cases- but fail to fulfill their promise.

                      Comment


                      • #12
                        Re: Timeshare scam Panama / Dominican Republic

                        Dear Swindled I'm lawyer in Dominican Republic and I have many cases like this. If you are interested please send me the information to my email [email protected]

                        Greetings.

                        Comment


                        • #13
                          Re: Timeshare scam Panama / Dominican Republic

                          We all have experienced buyer’s remorse, but to buy timeshares that are ridiculously expensive and practically worthless, must be one of the most painful experiences for you and your pocket. However, there is always a bright side, and in this case, the bright side is that there is a way to get out of timeshare legally.

                          Comment


                          • #14
                            i had the same issue.
                            disputed it with club melia and was able to convince them to reconsider.
                            i did not get my deposit and three monthly payments though (roughly around 4k) but i guess its worth it to be relieved of the stress that i had with them.
                            went theough the proper channels.
                            got a good break when they provided me the evidence that i am looking for.

                            might work for you guys but not sure.
                            i have a screenshot of the content of the email that they sent me and posted it here:
                            http://clubmeliafalsemarketing.blogger.com

                            i also posted the list of agencies where you can ask for assistance.

                            kudos to bbb for helping me out.
                            kudos to the department of tourism for persuading club melia to review my case.

                            good luck!

                            Comment


                            • #15
                              Re: Timeshare scam Panama / Dominican Republic

                              If you are a victim of a timeshare scam and if you signed your contract in Mexico within the last 5 days, act immediately: 1) Call a lawyer in your Country, 2) Call a local lawyer in Mexico (you can find many of them in the internet), 3) Be aware that you have 5 days cooling off period in Mexico! However when you sign a contract with Bahia Privilege Club they include a statement saying that "you agree with Panama laws" :-). Later they'll tell you that because of this statement your right for 5 days cooling off period in Mexico is voided. Do not believe them, be strong and act as your lawyer tells you - you have to send a cancel request to them via a courier, your lawyer can do it for you if you can't. The #1 reason why I signed this contract was a lack of information and experience, I never heard about such thing as a "timeshare", the deal sounded really good to me on the presentation, I realized that I did a mistake when I decided to check the internet later on the same day... After reading peoples' stories and reviews of Bahia Privilege Club I was shocked. The reason #2 why I signed the contract - I trusted this resort, I couldn't imagine that a place that calls itself "luxury 5 star resort" can do with you such a thing, I couldn't imaging that they don't care about their name and reputation and can dishonor it so miserably. At least, if you sell this scam to people in Mexico don't try to avoid Mexican laws, let people cancel the contract within 5 business days as the law of this country says... If you respect your customers give them opportunity to cancel the contract within 15 or even 30 days as it is normal in their countries. But instead of that they try to hide behind Panama laws when selling this in Mexico and they tell you that you do not have right to cancel something that you signed just YESTERDAY! As soon as we came to their office (on the next morning) and asked for a cancelation they told us that we can't. We said that according to the law we do have right to cancel it within 5 days, even if the contract says that we can't. They brought us to another manager (their boss), he was very rude and raised his voice on us many times during the day. This manager said that we won't be able to cancel this contract anyway, for the beginning he gave as another offer for 10,000$, after we refused it he gave us another offer for 5,700$. He said that if we don't sign it we won't be able to cancel anything and we are going to stay with original 21,000$ contract. After fighting with him the entire day he offered us the very last offer for 3,500$. At this moment we had to decide if we want to continue wasting precious time of our vacation in this sales pitch and pay for a lawyer or if it is just easier to sign the contract for 3,500$. We agreed with this new contract however my wife still thinks we had to fight till the end. Also, it is important to say that I caught this manager lying, he told me that we are buying 5 weeks with all "Privilege Club Benefits", but after reading the contract carefully I found that there are no any benefits, he told me that it means that I do not have to pay fees :-). After he left the office I asked another person if the contract has benefits or not, she wasn't aware of our conversation with her boss and she confirmed that there are no benefits because it is a "trial" package. I asked to invite that manager again and asked why he was telling me that I'm going to have benefits. He said "well I do not often sell these contracts"... Later I found a story in the internet - another couple purchased this "trial package" and they realized that they do not have benefits only upon arrival to the resort 1 year later... Not telling truth is a normal practice when selling something in this office. They don't care about your happiness, they don't care about reputation and name of this resort, they don't even care about Mexican laws (they can simply avoid it by just adding statement that you agree with Panama jurisdiction), they only want to get your money and get rid of you ASAP.

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