we where called by a person saying his name was David Browning purporting to be a realtor for Alliance Bay Business Brokers offering to help us sell our 2/2 Mayan timeshare to his buyer.. He sent us a very attractive offer and asked to signa letter of intent to sell.
He sent us license numbers from the CA DRE which obviously checked out. During my due diligence I went to the actual Alliance Bay Business Brokers web site and found the real David Browning. When I contacted him he did not know anything about this transaction. Because the bogus David Browning was using his ID to scam vulnerable timeshare owners.
The scam works like this as far as I can see.
They contact folks who they have found out owe a Grand Mayan Timeshare. They make an attractive offer and talk you into sending the 5 weeks of maintenance fees required as a transfer fee, to their bogus Escrow company. A certain
Name: Munoz, Vincent Paul
Mailing Address: 3047 STREET OF THE CHIMES CHINO HILLS, CA 91709
License ID: 01808650
Expiration Date: 09/16/15
License Status: LICENSED
Salesperson License Issued: 09/17/07
Employing Broker: License ID: 01238581
15348 Central Ave.
CHINO, CA 91710
At this stage, with so much of the info not checking out, we stopped communicating with these folk and we have not heard from them since.
Apparently they were using a bogus web site http://alliancebayfunding.org/
and a bogus escrow company to defraud timeshare owners of around $4250 in up front transfer fees
Do not deal with anyone that asks for any money up front to sell your timeshare Alan@FrontlineFloridaRealty.com