ED Magedson – Founder
Your World Vacations910 S. Michigan Ave. Chicago, Illinois USA
Your World Vacations Financial Service Professional and Financial Aquisitions LLC Time share sale and escrow company for my Mayan Palace time share. TOTAL SCAM!!! Chicago Illinois
Your World Vacations sent us a letter stating that they would Guarantee the sale of our time share for $29,500.00. They then ask for an transfer fee to be paid up front to an "escrow company". The fee is $2,950.00.
We refused after researching the company and finding similar complaints. They waited a couple weeks and came up with a new offer. David Ortiz said he would try to get a letter from the escrow company directing the buyer to pay the "transfer Fee" but we had to sign that we could not back out of the deal once funds were placed into escrow. I requested the name of the escrow company and he said it was Financial Service Professional in Springfield MO. I looked online and could only find a phone number under the BBB who stated that they were not a member. I called and spoke to Mr. Romo. I asked him for their license number so I could check it through the Dept. of Financial Institutions. Mr. Romo didn't know what I was talking about when I asked for the number and had to put me on hold. When he returned he continued to avoid answering the question but finally stated the license # LC0910833 was actually under the name Financial Aquisitions LLC. I then checked both names and the license number and of course they don't exisit.
I hope that this information can help someone before they get involved in this scam.
This report was posted on Ripoff Report on 07/24/2013 10:54 AM and is a permanent record located here: http://www.ripoffreport.com/reports/your-world-vacations/chicago-illinois-60605/your-world-vacations-financial-service-professional-and-financial-aquisitions-llc-time-sh-1069679. 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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