Mayan resale scam! Avoid American equity value and corporate trust enterprises!

American equity value and Corporate trust enterprises cold called us and offered to sell our Mayan palace timeshare.  They claimed Pfizer was buying out this resort and offered us good money for our timeshare.  

American equity value and corporate trust enterprises are a well organized loop of scammers who present official looking contracts of sale and have many formal sounding "employees".  

We signed contracts of sale, wired money to their accounts first for upfront fees, then for Mexican Real Estate taxes, and now they are asking for money to cover the "commissions" they need to continue "fighting for our money".  Unfortunately, ours was a wire to the Mexican branch of HSBC, leaving us little power to trace the money.  

These companies showed us formal documents from Bank of America and HSBC proving wire transfers to us in return, but continue asking for more and more money upfront to get the money "out of trust" and "held up by the Mexican government".  

We sadly now recognize that our money is gone and we were victims of fraud.  We want to warn others about these people.

We just got a call and email from this same Company regarding our Grand Mayan timeshare. We have not returned anything but were skeptical of the offering price - has anyone else had any dealings with this group?

Go to " timeshare companies " in the forum and look at the " event savvy " thread. You will see the scammers are in here trying to promote their scam under another name. It will never stop until we educate all owners of these scams. Thank you for coming in here and letting everyone know the truth.

Did you report this to the BBB or anyone else? What is the state of origin? You can report to the secretary of state.

deleted by Jayjay (trying to post a long URL) ...

lloyds69 wrote:

We just got a call and email from this same Company regarding our Grand Mayan timeshare. We have not returned anything but were skeptical of the offering price - has anyone else had any dealings with this group?

Did the post above yours not convince you ???? If not, then you get what you deserve if you go with this scam company.

Lloyd, it's a scam. If you do find positive feedback about them on this forum, it's posted by "employees" of the company. Don't believe their lies!

Received a proposal from AEV a bit over a month ago and let it pass by. Now we have been contacted by a representative of No Hassel Vacations with a similar pitch. Comparison of the AEV(http://americanequityvalue.com/) and NHV (http://nohasselvacation.com/) websites would lead you to believe that they are the same operation.

They are scammers.

A rep of "American Equity Value" cold called me on 7-2-12 and was to email me an offer to either buy or rent my Mayan Palace Regency time share in Riveria Maya (Cancun), Mexico. I never received the email.

I just received another cold call from "Venture Equity Services" with the same approach yesterday on 7-25-12. They emailed me a "porposal" offer that would motivate me to sell immediately--over twice what I paid for it 5 years ago. Their address is: 14241 Dallas Parkway, Dallas TX, 75254. Needless to say, I'm very skeptical. Thanks for the heads up here.

It's a scam. This is the new Nigerian lottery scam. They offer a huge payout if you send them money. I can't believe everyone hasn't caught onto them by now. I guess if they send out enough offers there will be a few that will fall prey to their scam. I'm glad to see the posts in here. At least that's a few less victims for their scam.

I have reported American Trust Enterprises to the BBB and Attorney General in Illinois. I have also filed two police reports in Illinois. I have reported American Equity Value to the BBB and Attorney General in Houston Texas and I am in the process of filing a police report. I have contacted the FBI but they need a bigger $ amount to spend any time on it. I have started investigation through Bank of America and JP Morgan Chase since they were used as the intermediate banks for the wire transfers. My hope is that if we can stop these people, involved in this scam, it will help others, even if it's a small % of people, from being hurt from this deception.

robertg852 wrote:

A rep of "American Equity Value" cold called me on 7-2-12 and was to email me an offer to either buy or rent my Mayan Palace Regency time share in Riveria Maya (Cancun), Mexico. I never received the email.

I just received another cold call from "Venture Equity Services" with the same approach yesterday on 7-25-12. They emailed me a "porposal" offer that would motivate me to sell immediately--over twice what I paid for it 5 years ago. Their address is: 14241 Dallas Parkway, Dallas TX, 75254. Needless to say, I'm very skeptical. Thanks for the heads up here.

In this economy thousands of timeshare owners are giving their timeshares away and offering to pay this years' maintenance fee and closing cost.

No timeshare is selling twice what was paid for it for 5 years ago .... quite the contrary. The address is more than likely a post office service.

lorif172 wrote:

I have reported American Trust Enterprises to the BBB and Attorney General in Illinois. I have also filed two police reports in Illinois. I have reported American Equity Value to the BBB and Attorney General in Houston Texas and I am in the process of filing a police report. I have contacted the FBI but they need a bigger $ amount to spend any time on it. I have started investigation through Bank of America and JP Morgan Chase since they were used as the intermediate banks for the wire transfers. My hope is that if we can stop these people, involved in this scam, it will help others, even if it's a small % of people, from being hurt from this deception.

Good for you lori .... the more scammers that are brought down the better for the entire industry.

Yes....these are scammers-has taken 29,000 of my husband's money. We are trying to gather support and trying to make some efforts to get these evil people. We are palnning legal action and national attention of these people. We need you to email me at pinkrosesandrainbows@gmail.com

If you want to be apart of an attempt of legal action..please contact me. My name is penny and my husband is frankie

jayjay wrote:

robertg852 wrote:

A rep of "American Equity Value" cold called me on 7-2-12 and was to email me an offer to either buy or rent my Mayan Palace Regency time share in Riveria Maya (Cancun), Mexico. I never received the email.

I just received another cold call from "Venture Equity Services" with the same approach yesterday on 7-25-12. They emailed me a "porposal" offer that would motivate me to sell immediately--over twice what I paid for it 5 years ago. Their address is: 14241 Dallas Parkway, Dallas TX, 75254. Needless to say, I'm very skeptical. Thanks for the heads up here.

In this economy thousands of timeshare owners are giving their timeshares away and offering to pay this years' maintenance fee and closing cost.

No timeshare is selling twice what was paid for it for 5 years ago .... quite the contrary. The address is more than likely a post office service.

my name is Penny with hopes that you will see my posts....my email is pinkrosesandrainbows@gmail.com I have a good deal of information......looking to speak w/ you. FBI could possibly get involved, and so much more. My husband and I were promised as high as 150,000. But we lost 29,000

waiting on your response. Will be looking non-stop w/ your response to me.

jay jay get in touch w/ Penny pinkrosesandrainbows@gmail.com I have been given hopes of FBI interested....if enough complainers. I think I know of 3-4 and that is good.

waiting on your response.

pennyp62 wrote:

jay jay get in touch w/ Penny pinkrosesandrainbows@gmail.com I have been given hopes of FBI interested....if enough complainers. I think I know of 3-4 and that is good.

waiting on your response.

Penny, I was never scammed by this company so I really don't have a dog in this fight. I merely post timeshare scams here for people to avoid.

pennyp62 wrote:

jay jay get in touch w/ Penny pinkrosesandrainbows@gmail.com I have been given hopes of FBI interested....if enough complainers. I think I know of 3-4 and that is good.

waiting on your response.

I saw your post concerning that company on one of the scam websites .... you wrote, "they took my husband and myself for 29,000 and would keep telling us that we were going to receive 120,000 in our bank acct".

That right there should have raised a big red flag with you .... no one can turn $29,000 into $120,000. Also did you sign any kind of contract? If so, it's what's in that written contract that will hold up in a court of law .... not what some salesman told you verbally. There's an old saying, "if a timeshare salesman moves his lips, they are lying".

Also, you might report them to the Attorney General of Illinois ... in most cases you can do this online.