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Original Message:
Manhattan Club, NYC (by Don P.):
Timesharing Today magazine just published an article about the lawsuit against the Manhattan Club owners . It seems that they created a shell company and syphoned 6.5 million dollars off the top. The government is going to pursue criminal charges against them once they get more disclosure. The civil case is being heard. The bad news is that it takes time, probably years, to get the low lives that steal millions. I'm sure their attorneys will delay everything as long as they can and the money will be long gone by the time the case goes through the system.
You can expect your credit to possibly be hit if you stop paying the maintenance fees. Everyone has to decide for themselves what the best course of action is for themselves. Good luck .