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Re: Manhattan Club Lawsuit (by Dennis C.):

Sharon- one of the issues to be resolved by the Admimistrator and/or new owner prospects is the difference between TMC’s records on deed registrations & taxes AND the records of the NYC Dept of Finance.

sharonv68 wrote:

I am still curious how the fraud will be made right to the enormous amount of oversold owners (14,000 of us) that really don't own anything. It's like a home in the suburbs that 10 different people claim they own. But the reality only one home exits and only one can claim ownership to that deed. So if TMC is a deeded timeshare (which it is) how is this possible? The fraud is very disturbing. So many seems to be OK that they are involved in a fraudulent investment. Furthermore, with the appearent information that the property taxes have not been paid since 2016 where are the funds being pilfered for property taxes. Is this more fraud being discovered? Reminiscent of the 2007 ponzi schemes. You buy a deed to the property and TMC turns around and sells the same deed again and again even though they don't really have anything left to sell. Who can possibly think this is acceptable way to transact business? To bilk people out of their hard earned money when they actually do not now own anything. They just think they do! 14,000 of us really don't own anything the "other guy" owns it. So who are they that actually own the deeds. In another deeded timeshare I own the property tax bill is send directly to me and I pay the county assessor directly for my deed. Why is TMC not set up that way? We likely would have figured the fraud out a long time ago when they county couldn't provide a property tax bill for each deed because someone whose owns it. How will this mess be solved!!