Timeshare sellers and owners join forces to tackle rogue firms

ThisIsMoneyCredits: This is Money
By: Victoria Bischoff

Timeshare sellers and owners have teamed together to tackle rogue firms who dupe victims out of thousands of pounds every year.

They have set up their own regulator called The Timeshare Task Force.

This is made up of the Resort Development Organisation, which represents legitimate timeshare firms, the timeshare owners’ association TATOC and advice service the European Consumer Centre.

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European Timeshare Leaders Create a New Task Force

PRWebCredits: PR Web

The leading businesses and bodies in the European timeshare sector have launched a new initiative to tackle issues that potentially affect hundreds of thousands of timeshare owners and consumers; the initiative also signifies a new era reflecting the great strides forward that the industry has taken in quality and integrity.

The Timeshare Task Force brings together RDO’s own enforcement operation, resorts, timeshare owners, consumer organisations and law enforcement agencies to achieve common goals. At the top of the priority list is tackling the rogues that have been defrauding timeshare owners and consumers to the tune of millions of Euros.

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Tarnished timeshare industry acts at last and sets up own regulator as fraudsters’ new twist hits victims TWICE

NewscomauCredits: This is Money
By: Sarah Bride

The battered timeshare industry has set up its own regulator in a desperate attempt to tackle organised criminals defrauding customers, and to restore a reputation left in tatters by a string of scandals.

The latest spate of fraud aims not to sell new holiday timeshares but to sting existing owners. Often short of cash and facing retirement – or regretting their original investment – they are being targeted with fake offers to buy out their timeshares or switch them into new holiday deals that may not even exist.

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What a difference a year makes…

Credits: RDO (Resort Development Organisation
By: Chief Executive Blog

“With apologies to Jamie Cullum who wrote the lyrics for the song “What a difference a day makes”. This song title came into my head after Chris Emmins (Kwikchex) and I had made a presentation to the staff of the UK and Scandinavian European Consumer Centres Network[i] (ECC-Net) on who RDO represented (the best in timeshare in Europe) and what we were doing to combat the fraudsters in Europe (through RDO Enforcement and the Timeshare Task Force).”

Above excerpts and full article on: www.RDO.org