Must read : Time Share Scam Awareness! Don't be the next victim!

  • Have you been Scammed?
    Follow this advisory from National Crime Prevention Council (NCPC) on the next steps you can take. More info

rain_myth

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https://www.singsaver.com.sg/blog/how-timeshare-scams-have-evolved-in-singapore
 

katiqs

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Has anyone successfully given back or sold/transferred out their Holiday Concepts Australia timeshare? We bought it many years ago and used for only a few times. We do not want to continue paying maintenance fees when we are not using the timeshare anymore and more so with the current COVID situation. Please help to share your experience about giving the timeshare back to Holiday Concepts Australia or selling or transferring. We have spent a lot of time researching but most websites cover American timeshare sales / exit companies / laws / etc. Also, we were informed about Timeshare Association Singapore but cannot find information about this organisation so unsure if they can really help.
 

yongyct

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Hi, would like to seek some advice on how to get out of a timeshare scam. My dad was a victim from 1995, under this company "Hutchinson & Co Trust Company Limited" with a "Royal Goan Beach Club at Monte Rio" membership. He has been paying for a very long time without utilizing any of the amenities which does not make sense. Greatly appreciate any form of advice for this, thanks!
 

yongyct

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Hi, would like to seek some advice on how to get out of a timeshare scam. My dad was a victim from 1995, under this company "Hutchinson & Co Trust Company Limited" with a "Royal Goan Beach Club at Monte Rio" membership. He has been paying for a very long time without utilizing any of the amenities which does not make sense. Greatly appreciate any form of advice for this, thanks!
Also like to add that it has since been renamed into karma group (not sure about the history) but would appreciate any insights!
 

katiqs

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Also like to add that it has since been renamed into karma group (not sure about the history) but would appreciate any insights!
I've just emailed Holiday Concepts Australia on membership cancellation / transfer and received their reply. I have to pay AUD1260 to cancel and AUD650 to transfer. Perhaps you would like to email Karma Group on this.
 

honda599

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Also like to add that it has since been renamed into karma group (not sure about the history) but would appreciate any insights!

There is quite a lot of info in the previous posts in this thread (which is very long and dates back more than 10 years). Go through them and you will have an idea of how to deal with this scam
 
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