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Velas Vallarta - Puerto Vallarta timeshare scam

(4 votes, average 3.00 out of 5)

Sunday, 23 November 2008 18:00

I fell for the 90 minute presentation and believed them when they gauranteed the sale of my time share weeks to offset the cost. The presentation lasted 5 hours and took away the relaxation and pleasure of the vacation. Whenever I have been there since the timeshare scammers are like locusts trying to devour your time and attention.

The Office of Tourism should put a stop to the over-activity of time share sales.

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Comments

+2 # scammed by velas — scammed by velas 2010-06-04 14:53

I am going to say it in a few words. Do no buy anything at velas. Their sales reps are liars and thiefs, all of them are together to steal your hard earning money. Do a lot of research on this company before you sign anything. They are only after your money. Beware of Eduardo Diaz, Roberto Garcia, Xavier Z and Monica I forgot her last name.

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+3 # RE: Velas Vallarta - Puerto Vallarta timeshare scam — Duke Phillips 2010-07-14 15:12

I agree. These guys are so smooth in their presentations I not only fell for it once but twice! when they told me my weeks would be easier to rent out if I upgraded to a better unit. Lies! Since 2006 not one week has rented, let alone six per year. There needs to be a class action suite against these thieves. Visit: velasresortsscam.blogspot.com/ or:http://www.causes.com/causes/495784.
Duke Phillips
VelasResortsScam

gmail.com

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+1 # class action suit — Kath 2010-10-29 16:28

I agree. The sales people lie and deceive.
We were promised an exchange of our current time share with the new Velas time share. Also, two years of their usage, us getting at least $1400 rent money. HA
Brian and some older x-police officer!!!!!
So smooth!!!!!!!!!!

I wish someone could get a class action suit together.

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+1 # RE: class action suit — mary 2010-11-19 18:00

I am very interested in getting my money back. Class action suit suits me just fine. If u r interested pls reply to me. I presented a letter within the 5 day period and they refused to accept it. I have the letter, I have it dated and saved, I have a witness.

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0 # re: class action — leann 2011-02-22 20:42

I am trying to cancel my time share, unfortunately it has been 7 days since we realized that they lied to us and we could have cancealed after 5. could anyone please give me the address to the corporate office I am going to try and see if I can cancel it anyway. I will probaly have to pay a 30% fee but thats better than the total they want. Customer service will not give me any information.

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0 # re: older x-police officer — Regrettably suckered 2011-12-06 10:35

That was the jerk who sold us the Velas timeshare with the promise that our current one was automatically sold if we signed on the dotted line. We were such trusting fools! Explains why he is an x-police officer... deceitful bastard.

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0 # class action — leann 2011-02-22 20:43

sorry this is for the velas vallarta resort in mexico.

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0 # Ok Friends — Justin Bennett 2011-08-05 13:12

Please,if you dont like time share presentations, just dont go!! dont be greedy!! dont take the giftss..

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0 # scammed=( — amy 2011-09-05 15:13

We bought their trial that had a few weeks at velas and some weeks for discounted rates etc...kind of like a travel club. Now they won't let me access the travel club benifits with out returning to velas first. Whose to say that they will honor their comittment even if I do return which right now I don't want to except I am already bought in...

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+2 # is this another scam? — Vickie 2011-09-13 22:31

We have someone wanting to buy our timeshare, but say we need to pay taxes before the deal can close. Executive Property Management is the company facilitating the sale. Anyone ever dealth with them?

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0 # Run Away!! — Tony 2011-09-14 08:13

That is the classic scam, run away!!! As soon as they have your "Money to pay for the taxes" you will never hear from them again. DON´T DO IT!

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0 # RE: Run Away!! — Hermosa 2011-10-25 11:22

Tony, Did you lose money or know someone that did? Definitely one of those situations if it looks too good to be true, it usually is....

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0 # RE: Run Away!! — Jane 2011-11-01 13:29

I fell for this scam. Have you gotten your money back?

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0 # too late :( — Irina 2011-12-05 17:05

I wish someone started this blog before... I paid 6000+ bucks for some taxes... I guess now its all gone... I just contacted the FBI. I think everyone should. The more people complain, the better the chances, a case would be opened.

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0 # RE: is this another scam? — Paul C. Bordeau 2011-10-18 14:52

I'm aware of another solicitation by Executive Property Management alleging they have a buyer for a timeshare and have received documents that they title an "Exclusive Sales Contract" that contains terms that I would never agree to in a purported listing agreement. The situation has not reached the stage where an agreement that they will be allowed to resell the time share and earn a commission. Your comments are confriing some of my conerns.

Do you or anyone else have any further information about Executive Property Managment allegedly of 637 South Grand Ave., Los angeles, CA 90013?

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+2 # RE: RE: is this another scam? — Hermosa 2011-10-25 11:21

Paul, Did you find out any information on these people? Is it Brian Goodwin and Malcolm Lovig on the paperwork?

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0 # none — Paul C. Bordeau 2011-10-26 10:35

Quoting Hermosa:

Paul, Did you find out any information on these people? Is it Brian Goodwin and Malcolm Lovig on the paperwork?

I have reviewed a document titled "Exclusive Sales Agreement" and another styled as a purchase offer. Both have alleged signatures of Brian Goodwin as Purchase Director and Malcolm Lovig as Sales Manager with signatures that appear so identical that I beleive that they are not by hand. When read very carefully, I would not sign either document.

I would advise anyone considering a purchase or sale of units to seek the advise of their own counsel before acting.

Good luck!

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0 # niquekee@hotmail.com — Monique Sullivan 2011-10-28 12:00

We have been contacted by EPM just a few weeks back. Because I knew they were not legit. (they don't follow US protocol when doing business), I demanded their TAX ID number, which any legit company should provide you with. Further, they are attempting to scam money by putting the border between you and them (i.e. the company or escrow company is in MX). Bad deal. I'm calling the LAPD next. The company is Executive Property Management at 637 South Grand Ave LA, CA 90013. Dennis Garcia was the sales person. The "agreement" they emailed is signed by a Brian Goodwin and Malcolm Lovig. These losers are going down!

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+2 # RE: niquekee@hotmail.com — Jane 2011-11-01 13:24

I have fallen for this scam. I am interested in getting my money back. Please contact me.

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0 # EPM — Jeannine 2011-11-02 18:24

YOu should also contact the FBI. I did as I almost fell for their scam too. Thank goodness for my ex's watchful eye

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+1 # Scam — julfool 2011-11-08 18:05

Have you had this resolved? I was scammed as well and am looking to file a complaint. Any help that you could provide would help! Thank you.

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0 # RE: Scam — Jeannine 2011-11-08 18:28

J, I reported it to the FBI, which of course is a bit slower of a process but I highly recommend you contact them. I am not sure what all I can/cannot disclose but it would be very helpful if you contact them.

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0 # RE: RE: Scam — Deidre 2012-01-06 14:19

Hi, a 66-year-old friend of mine just wired $7,000 that she had to borrow from her credit card to Brian Goodwin and Malcolm Lovig with Executive Property Management in the hope of selling her timeshare and receiving $29,000. She is retirement age, and currently spends more than she receives in her pension to live, which is why she fell for selling her timeshare. She is incredibly depressed now on top of her financial woes to think she was dupped out of money she didn't have! Can anyone please help me help her?

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+1 # More EPM fodder — Geobaldi 2011-11-07 13:26

Our process started with a phone call from Megan Schwartz from 818 284 4823, who had basic specs regarding our timeshare at Velas. This was followed up with an "International Purchase Offer" and then a "Sales Agreement" with signatures of both Brian Goodwin, Purchase Director, and Malcolm Lovig, Sales Manager. Proceeding a bit further, we received details of the Escrow that will be used to facilitate the transaction. Included in the package was an "official" letter from Juan Carlos Marquez of Banamex with the escrow account number, a Mexican tax form requesting 12% of the sale of the property from Servicio de Administracion Tributaria (SAT), and an letter requesting my bank account information from Brian. Obviously this is the "hook" - need to pay taxes before the Mexican gov. will clear the transaction for sale.

What I do not understand is that in the age of the Internet, how does an organization like this expect to get a dime without getting busted for mail fraud?

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+1 # Scam — Fooljul 2011-11-16 19:24

Monique, i fell for rhe scam as well. I reported to the FBI in Los Angeles. I sure hope they find these folks. Really slick operation they have going on. We even called the escrow company that they supposedly use and were hung up on.

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+2 # Beware of Velas Vallarta — Don 2011-10-16 07:31

Please be VERY careful of the Velas Group, their employees (Sales Associates) will tell you lies and make promises that will never come true, just to get you to buy into their fractional ownership program, which is no more that a TIMESHARE!!!! Do yourself a favor, don't stay at any of the Velas properties or attend their sales presentations. For full details, please visit www.velasvallartawarning.com

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0 # US needs to shut this down — oliveoil 2012-01-03 12:32

This is such an outrageous fraud RCI & our govts should be involved in shutting this scam down. I've written everywhere but no one is picking this story up. I have a fraudulent annuity running out of FL, a fraudulent contract that blantently violates Mexican law & we have an LA head office that sends letter to the BBB LA from the legal dept when confronted w customer stories. I would like to post all my correspondance w VV somewhere. When the BBB gets the letter from the VV legal dept it keeps their rating a solid B+!!! MORE FRAUD!!!

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