Report Abuse

As I mentioned in my initial comment, Barclays has previously been convicted in a court of law for being involved in timeshare frauds, so they are very familiar with how the financial transactions pertaining to timeshare fraud work. Transactions that Barclays have processed for VG for tens of thousands of dollars as part of their fraud, include transaction descriptions that in no way, shape, or form indicate a fractional ownership (timeshare) transaction - such as “Booze Cruise” or “Holiday Payment”. These types of transactions clearly are a red flag that Barclays’ fraud and compliance department should be further investigating, especially in light of their previous convictions for timeshare fraud. Basically, Barclays failed to protect its consumers involved in the VG timeshare scam given their past involvement in these types of frauds.