Timeshare Companies

Pro Timeshare Resales LLC

May 07, 2018

Today the Orlando Sentinel reported that the FTC has ordered the owners of Pro Timeshare Resales LLC to surrender 3.4 million dollars in homes, vehicles, a Rolex watch, silver coins and a diamond ring they bought from an alleged timeshare resale scam .

Jess Kinmont and John P. Wenz operated out of Deland and Flagler County Florida . They took money from timeshare owners claiming they had buyers or renters for their timeshares . They charged their victims up to $ 2,500.00 upfront and failed to deliver . They were charged with stringing their customers along and keeping their money with additional false claims and asked for additional closing costs and other fees .

The settlement orders them to stop engaging in the fraud and bans them from marketing or selling timeshare resale services or telemarketing .

The court order imposes a 18.7 million dollar judgement against them which will be suspended when they surrender these funds .

The problem is that it is just a civil penalty with no criminal charges . It looks like crime really does pay in this country when you only have to give up a small percentage of your stolen assets and not have to face criminal charges . Disgusting but true .


Don P.

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