Tuesday, January 6, 2015

Heavier Fines for Fraudulent Time Share Sellers

Beginning this year, sanctions against time share salesmen committing fraud will increase.
The tougher penalties are a result of an alliance between the municipal government and Procuraduría Federal del Consumidor (Profeco, or consumer protection) to stop time share sellers from accosting tourists and offering false promises.
Official Mayor, Salvador Reynosa Garzón, said beginning today fines of 50 to 250 minimum salaries will be assessed against time share sellers who work outside their authorized areas, who accost tourists and who do not honour promotion offers.
He has met three times with Profeco, said Renosa Garzón, to validate time share projects and guaranty their completion. (from Noroeste)

1 comment:

  1. A timeshare purchase is never a good idea. Some people buy them with the idea of a financial investment, but a timeshare is not a good investment at all. Besides, there are lots of fees involved. This is a good article about getting out: http://www.timesharescam.com/blog/206-how-to-get-out-of-a-timeshare/

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