Convicted felon Joey Cigars and his mother have been accused of fraud due to their recent involvement in yet another timeshare fraud, this time in Fort Lauderdale, Florida. Cigars reportedly ran the day to day operations of Timeshare Mega Media and Marketing Group, a company that reportedly made over $4 million in illegal profits. Telemarketers would talk to cash-strapped timeshare owners and pressure them to send money to secure fraudulent deals with nonexistent buyers, and then leave the sellers hanging.
Cigars allegedly also hired employees and intimidated them with threats of organized crime to keep them quiet. over 26 employees of the company have been located and most have confessed and cut plea deals. The company operated from October 2009 to May 2010, the hotspot for timeshare fraud in the state. The Florida Attorney General’s Office received 12,257 timeshare resale complaints in 2010 alone, and more fraudulent companies are being located everyday. Be safe, be happy, and sell your timeshare with Premier TimeShare Resale!
If you’re interested in buying or selling a timeshare, contact our licensed real estate professionals at 888-235-0466 or visit our website for more information:
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