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  • Report: #856137

Complaint Review: Timeshare Investors of America

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  • Submitted: Mon, March 19, 2012
  • Updated: Thu, May 22, 2014

  • Reported By: goody — Sun City Arizona United States of America
Timeshare Investors of America
2800 Post Oak Blvd. Suite 4100 Houston, Texas United States of America

Timeshare Investors of America Derrick Edwards, CEO, Donald McCann, Dominic Cleary, William Blair, and Evan Contacted by Derrick Edwards, CEO, of Timeshare Investors of America that this company could sell my timeshares and they had a buyer. Then he asked for a deposit of $2500 . The my account was turned o Houston, Texas

*Consumer Comment: Timeshare Investors of America & Royal Elite Timeshare Scam

*General Comment: Timeshare Investors of America & Royal Elite Timeshare Scam

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I was contacted in May of 2011 by a Derrick Edwards, CEO of Timeshares of America, TIA, that his company could sell the timeshares in Hawaii for me. He said they needed a deposit of $2500 I sent on 6/27/2011. Then Dominic Cleary contacted me that it would only take 120 days to complete the sale as soon as they worked out legal paperwork. When I called in August 2011, my account was given to a Donald McCann who said he was in contact with a buyer and TIA neede $2,610 for legal fees and paperwork witch was sent on 10/31/2011. When I called I was told by Evan the vice president that Donald McCann was at the buyers offices to finalize paper work, but it would not be done until after Jan. 1st. The phone number of 832-377-3311 now goes to a ring central and is not set up. So I want to file a complaint with Attorney General of Texas and request that TIA refund the $5110 Isent to me.


This report was posted on Ripoff Report on 03/19/2012 12:04 PM and is a permanent record located here: http://www.ripoffreport.com/r/Timeshare-Investors-of-America/Houston-Texas-/Timeshare-Investors-of-America-Derrick-Edwards-CEO-Donald-McCann-Dominic-Cleary-Wi-856137. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.

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0Author 2Consumer 0Employee/Owner
Updates & Rebuttals

#1 Consumer Comment

Timeshare Investors of America & Royal Elite Timeshare Scam

AUTHOR: BetzabethT - ()

I was also contacted by them, claiming that they could sell my Royal Elite timeshare. ANY group that calls YOU is 99% certain to be an upfront fee company. What are those? A group that makes great sounding promises to rent/lease/sell/transfer/etc your timeshare or system membership points at a good to great price. They often claim to have a buyer or a renter or a group wanting space, etc - but then YOU have to pay to assure the process gets done. In reality that is all they really want - the upfront money paid by you and they can basically disappear (you'll hear nothing more from them & they will be very hard to impossible to reach) to go after the next victim.

DO NOT try to deal with them as it is a scam. Forget any "guarantees" as they are unenforceable (ask yourself what recourse you'd have if you couldn't reach them tomorrow or they simply never followed through with the promises made). Forget any protection from a credit or debit card. They have things set up so what you are promised meets the minimum requirements to assure they, not you, get paid.

DO NOT try to use them or you will be out whatever money they manage to get from you. THAT is a guarantee you can bank on unlike the meaningless, unenforceable one they are trying to lure you in with.

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#2 General Comment

Timeshare Investors of America & Royal Elite Timeshare Scam

AUTHOR: janie78j - ()

We got a call from Timeshare Investors of America. They had buyers ready to buy our Royal Elite timeshare. A man named Derrick Edward said that they worked directly with Royal Elite and that they were the only legitimate business selling timeshares. We paid an upfront fee of $598 expecting to hear in the next day or so that our royal elite timeshare had been sold. So far, we have not received on phone call back. When we call them, they are not available to talk. Please check out these "people" thoroughly before giving them any money. They are very convincing. There should be a law that the money should be returned since they represented themselves in so many ways.

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