Vallarta Gardens in Punta Mita (Nuevo Vallarta Area)

Has anyone purchased from Joe Potter at Vallarta Gardens? I bought a "residence club membership" from Joe Potter and he promised the company would buy back my other time shares and also provide rental income by renting out the unit at . He did a classic bait and switch where the company that provided a guaranteed sale price in 300 days was another company. The compliance officer said they don't use that company as referenced in the small print one of the many documents I signed. Joe, the company salesman also sold an annuity from Swiss Alliance Group. Talked to the compliance officer, Cynthia Gonzales, and she said she was going to have the onsite Swiss Alliance Group person discuss it with me. No emails or messages so far. I asked for a policy number and nothing. Joe also said the company uses Remax and Stewart Title, yet when I signed the documents I didn't see any reference to either one. Joe knew I work in Afghanistan where it is very dangerous and he said he was a veteran as well. Yet he gave a very warm and sincere perception that was all a lie. no emails or responses from him. He and Vallarta Gardens got their money and are looking for more "members". Be very careful. They're coming up with new ways to get "members".

We invite you to contact Member Services for more information. US 855-3253-58-59 can: 855-267-8963 ext 123

Regards.

Hello, My name is Kathleen Stillman. I too have fallen prey to the buyback of your other timeshares scam Vallarta Gardens has been running. I have contacted a Mexican legal firm that has handled similar scams in the past. I will be talking with one of the attorneys tomorrow and will be requesting a class action lawsuit against VG if I can get others to join me. I do not know yet if they work on contingency or if not, what the costs will be. If you have any interest in joining the suit, please let me know.

Thank you, Kathleen

Kathleen, Have you had any success in pursuing action against Vallarta Gardens? I am interested because I believe my wife and I am being scammed by VG.

Thank you, Jesse

kathleens206 wrote:

Hello, My name is Kathleen Stillman. I too have fallen prey to the buyback of your other timeshares scam Vallarta Gardens has been running. I have contacted a Mexican legal firm that has handled similar scams in the past. I will be talking with one of the attorneys tomorrow and will be requesting a class action lawsuit against VG if I can get others to join me. I do not know yet if they work on contingency or if not, what the costs will be. If you have any interest in joining the suit, please let me know.

Thank you, Kathleen

Unfortunately, my husband and I also fell prey to Vallarta Gardens and Gareth Grieve. We were told that they would "buy" our Vidanta timeshare and that all we had to pay was $17,500 which we would get reimbursed for in 180 days. They then proceeded to open a "Barclays' Bank credit card to pay the amount with no interest for 180 days. We thought it was a no brainer. In addition, they would buy back our weeks every year for $2,000 per week, which from what I'm reading from everyone else, will probably never happen. We contacted Capital Marketing Distribution System who was supposed to be handling the "settlement" and who was supposed to be sending us our distribution money by September 27, 2023. When I contacted them they claimed that there would be a check forthcoming. However, two days later I received this e-mail from them..

"The transaction was processed, and disbursing your proceeds has generated a tax requirement of 41% (25% ISR & 16% IVA) by local authorities. Authorities waive this requirement when you maintain the property for a year, generating a digital invoice CFDI for exemption. The local tax office certifies invoices after 60-90 days of complying with holding the property for one year. We hired financial advisors to work the necessary procedures, absorb all expenses, and aim for you to receive the full payment without deductions or out-of-pocket expenses no later than May 22, 2024."

So now, we have to wait another 8 months just to find out IF we're going to get our money. I'm at a loss here, because we're going to have to start paying interest on that credit card. And SHAME ON YOU BARCLAY'S BANK for participating in this SCAM. I trusted the name Barclay's Bank since we've had dealing with them prior to this over the years. NEVER again. And Capital Marketing Distribution System seems to be some kind of ghost company who is using this as an excuse to NOT send the distribution money owed to consumers.

Unfortunately, my husband and I also fell prey to Vallarta Gardens and Gareth Grieve. We were told that they would "buy" our Vidanta timeshare and that all we had to pay was $17,500 which we would get reimbursed for in 180 days. They then proceeded to open a "Barclays' Bank credit card to pay the amount with no interest for 180 days. We thought it was a no brainer. In addition, they would buy back our weeks every year for $2,000 per week, which from what I'm reading from everyone else, will probably never happen. We contacted Capital Marketing Distribution System who was supposed to be handling the "settlement" and who was supposed to be sending us our distribution money by September 27, 2023. When I contacted them they claimed that there would be a check forthcoming. However, two days later I received this e-mail from them..

"The transaction was processed, and disbursing your proceeds has generated a tax requirement of 41% (25% ISR & 16% IVA) by local authorities. Authorities waive this requirement when you maintain the property for a year, generating a digital invoice CFDI for exemption. The local tax office certifies invoices after 60-90 days of complying with holding the property for one year. We hired financial advisors to work the necessary procedures, absorb all expenses, and aim for you to receive the full payment without deductions or out-of-pocket expenses no later than May 22, 2024."

So now, we have to wait another 8 months just to find out IF we're going to get our money. I'm at a loss here, because we're going to have to start paying interest on that credit card. And SHAME ON YOU BARCLAY'S BANK for participating in this SCAM. I trusted the name Barclay's Bank since we've had dealing with them prior to this over the years. NEVER again. And Capital Marketing Distribution System seems to be some kind of ghost company who is using this as an excuse to NOT send the distribution money owed to consumers.

My wife and I were there just 12 days after you. Very similar. Presented a great deal with a proposed liquidation of our Vidanta relationship. ($153,774.) due in 6 months post signing the contract. Promised that payments along with another of $17,850 for our 2023 surrendered weeks and so on. with annual payments each Dec for $12,000 for the next 10 years for continued surrendered weeks (5). We bought 7. And yes we were offered the opportunity to apply for the RCI Barclays Credit cards to secure the down payment at zero interest. But it tells you to read very carefully the full contract. contrary to the presentation of "guaranteed" payment for our liquidation and the surrendered weeks, it was placed in the contract unbeknownst to us that the entire balance was to be paid before the fees due us were to be paid by Capital Marketing. while signing process took place, that particular portion was cleverly glazed over with all the celebration of the deal and money coming in in just 6 months etc. I nearly sent or wired the balance to get our Exhibit C aka certificate of ownership which was their requirement to produce in order for them to reimburse us. That Taxation you brought up was more than interesting as it was never discussed at all. Regarding the Capital Marketing, I just received a Mutual Release from them forgiving each party. I want to see our money first before signing this one.

gareth contacted us and is helping us recover our losses

We are actually involved in a collective case againts kovay and gardens

Collective Case Attorneys 011-52-624-509-0005 Flores Arias

Mr. Flores is real and he is not from Vallarta. Attorneys from Vallarta are all acquaintances of Mr. Rivera the owner who is the Defendant.

staceyh279 wrote:

gareth contacted us and is helping us recover our losses

What losses is Gareth helping you to recover? How much is he charging?

I only hope that you're not being scammed again. I truly hope you can recover your money, I only wish we could. Being retired it puts us in a financial bind.

I absolutely tried that and got no where...fast!!

I contacted Vidanta and they never liquidated that timeshare, it is still valid and useable. I owe no money to Vallarta Gardens and they still won't send me my money. Now they've stopped answering my emails and they won't talk to me when I call customer service. They disconnect me.

Join over 200 other people scammed.Facebook group valarta garden's kovay debt club

NO body that has ever purchased at VG has received anything promised- marketing weeks, timeshare purchase. Unfortunately it is a big scam. I suspect it has affected thousands of people since inception.

Hi Stacey, my wife and I also were scammed. Can we become a member of the Class?

staceyh279 wrote:

We are actually involved in a collective case againts kovay and gardens

Hi Stacey, my wife and I got scammed in Jan 2024 as well. Same story youve probably heard 100 times. Can we join the case?

Hello!, I am wondering if you have moved forward with your lawsuit as me. My wife have also gone through very similar things as everyone else. We would like to join. Please advise