FBI warns of Mexican cartels targeting Americans in timeshare fraud schemes

[shockedcanadian]

Too many in the world taking advantage of Americans. I've listened to some of these phone scams from India and they abuse the citizens on the phone, often elderly and vulnerable. It is sick.

Be smart before you travel to Mexico.

FBI warns of Mexican cartels targeting Americans in timeshare fraud schemes

The FBI is warning of a spike in Mexican drug cartels like the Jalisco New Generation Cartel targeting older Americans in timeshare schemes.

www.foxbusiness.com

The FBI is warning of a spike in scams targeting timeshare owners and that a large portion of these schemes are being perpetrated by Mexican drug cartels.

The schemes entail criminals targeting part-time property owners, often older Americans, and convincing them to hand over large sums of cash under false pretenses related to their timeshare properties.

Scammers will usually conduct extensive research on potential victims, creating fake documents and impersonating individuals from "trustworthy institutions" to sell their storylines and scare victims into compliance, the bureau said.

Scammers will use a combination of high-pressure sales tactics and cyber-enabled fraud strategies to convince victims that it is legitimate.

 

[WinterBorn]

I can't imagine still owning a timeshare.

 

[Failzero]

When will they warn us about the State Sponsored Saboteurs threat