Timeshare Resale Scam In Florida Causes $3 Million In Losses
April 1, 2019
A man out of Orlando, Florida was recently sentenced to more than five years in prison for his actions alongside his group of co-conspirators for defrauding more than 1,000 innocent timeshare owners.
There is over $3 million in losses
Daniel Martin Boyar, otherwise known as "Wolf", operated out
of Orlando, Florida with 20 co-conspirators. They activated a
using stolen data to identify timeshare
Boyar and his group would offer to sell the
victims' timeshares on the condition that the victims pay half
of the costs associated with the sales in advance. The truth is
that there were never any real buyers nor any timeshare sales.
The Department of Justice
refers to this tactic as
The scammers used fake identities and would
temporarily lease office space around the country to appear as
reputable timeshare sales companies, a large number of whom were
elderly. Victims, a large number of whom were elderly, were
tricked by the use of fake telephone numbers to make it seem
like they were calling from the location of the fake company.
Being aware of the tactics used by
timeshare exit scammers
and knowing how to spot timeshare scams is essential in avoiding
being caught up in one. Third party timeshare resales
common way scammers are able to trick victims into using their
to learn more from our source.
For more news on recent timeshare resale scams, click
To learn how to protect yourself from timeshare fraud, click