New twist on timeshare fraud. This is a complaint on a timeshare fraud by RESORT FINANCING ASSOCIATION in chicago illinois They contact you by phone and ask the name of the time share you want to sell. They ask how much you want. They come back with an offer that is 1000-1500 above what you want and they have a buyer. Then they send you paperwork with the offer that you sign to accept. You ask for their business license number and he says its in the package you will receive if approved. You fax or email back and they say the title company will call if you are approved and verified to own the property. The title company is TITLE TRANSFER COMPANY in san francisco calif. The title calls back and says they can send paper eork to close the deal after you wire transfer $1800 for the documents and deed transfer to the account of the title company´s account ryan guzman. Usually its an escrow account in title company's name. This sounded suspicious so i asked for business license number and he said it was in the package that i had to pay $1800 for. The resort financing company called me and i told him i was not going to transfer money to a personal account. I again asked him for the business license number and he said he didn't have it. Then he said this is a waste of my time and your time and seemed very agitated and called it all off. NEVER WIRE TRANSFER MONEY TO ANYONE. legitimate sales should all go through a legitimate title company and all monies should all be taken care of at closing - not upfront.Show more...
Provide business license number