Timeshare scam gang being sentenced
A gang of timeshare scam artists is being sentenced at Birmingham Crown Court today.
They were responsible for targeting elderly and vulnerable people, scamming up to 38 people out of more than £1 million.
They even managed to convince one person to pay out £250,000 to their con.
The timeshare scam ran from February 2011 to April 2013.
Quoted by the Birmingham Mail, Prosecutor Peter Grieves Smith said: “This was a carefully planned fraud executed in a ruthless way and targeting those who were elderly and vulnerable. Those who perpetrated the fraud knew of their vulnerability.
“They had purchased timeshares and were targeted because of that – and some of them were repeat victims. These conspirators would phone up the victims and tell them they could sell their timeshares but there was always a fee to be paid.”
Grieves Smith said that the scam’s victims were instructed that they had to pay tax and legal fees but were being promised that they would see an increased return on their investments.
The scam involved setting up 2 firms – Avon Client Services and Sun Property Solutions.
The timeshare scam even pursued one victim who suffered from multiple sclerosis and disregarded all of her requests to leave her alone. Another victim paid out £165,000 to the scam and ended up separating from his wife.
It is unclear how the scam artists obtained their victims’ details.
The timeshare scam was made up of Emma Jelf, Luke Jiminez, Todd Mann, Toby Mann, Amarjit Bagharian, Shivjit Bagharian, Richard Buxton, Neil Poole, David Baylie and Mandy Castellain.
Jelf admitted money laundering and was last month convicted of conspiracy to defraud, as was Jiminez.
Todd Mann, Castellain, Buxton and Amarjit and Shivjit Bagharian all admitted their guilt in conspiracy to defraud.
Toby Mann, Poole and Baylie admitted money laundering.
The gang were convinced by the ring leaders to use their own bank accounts to launder the money they scammed out of people.
Timeshare scams are not uncommon in the industry they operate in. There are a huge number of them. This is perhaps unsurprising, considering that timeshare is not known for its trustworthiness.
Timeshare Help has heard of all the scams and could be able to help you get your money back if you have been taken in by a timeshare scam.
We offer no win no fee timeshare claims as well as terminations of timeshare maintenance contracts. We may be able to claim your money back if you bought your timeshare in the last 6 years and paid by your UK credit card.
If you no longer want or can afford to pay your annual maintenance contract, we could cancel this. You would then no longer have to pay the annual fee ever again.
Call the team here at Timeshare Help for a completely free discussion about your options. We are happy to answer any questions you may have about how we operate.
We have been operating in the timeshare termination field for a number of years and have helped hundreds of people get out of their timeshare contracts.