Original Message:
"Take MY Place" "Inspired Vacations" "V O Financial Corp" (by Dr L.):
I clicked on an ad "rent your timeshare for free". It turned out to be VO Financial Corp.
It looked sketchy as to what service they were really providing and who worked there.
PLUS there is a FRAUD investigation of some folks and VO.
Take My Place appeared to indicate they get clients who want to rent your unit, they get you to agree, Clients write VO a check for your unit, and sometime later they write you a check from the company. All at no cost to you.
FUNNY because their CLIENTS are folks who allegedly got ripped off buying timeshare units or want to own timeshare units so WHY would they want to rent yours? Seems like a limited market. Something seems fishy.
SO why do they want you to sign up? Is it a bait and switch scheme?
And they charge you nothing...because they have clients lined up for yhour unit? But they get the money for renting your unit.
FUNNY..here is the SAME or similar company getting money from timeshare owners to pay off their units. And sometimes they never paid them off!!!!
Here is Department of Justice investigation where a company named "V O... " took money from time share owners to sell off units and they never did.
Department of Justice note from May 2012.
http://www.justice.gov/usao/nj/Press/files/Lacerda,%20Ashley%20et%20al.,%20Arraignment%20News%20Release.html
Other names V O Financial use are: Inspired Vacations Take MY Place Rentals
I am a certified Fraud Examiner. I will not do business with them.
I look for reasons NOT to do business with a firm.
Sometimes I use "scam" or "fraud" behind a name and do a search, as part of my due diligence. Other times I add the word "Reviews" to get feedback.
There is a ripoff report that talks about "V O". Is it them?
http://www.ripoffreport.com/vo-financial/telemarketers/complaint-review-egg-harbor-township-new-jersey-f1d09.htm
It is always good to use professional skepticism.
I clicked on the ad at the bottom of the redweek page. "Rent Your Time For Free. Zero Cost Timeshare Rental - No Commission Taken. TakeMyPlace.co"
Is the name the same as the DOJ????
http://finance.yahoo.com/news/vo-financial-corporation-specializing-timeshare-145100337.html