Seniors Lose Life Savings in Elaborate Timeshare Scam

A senior couple lost their life savings of $900,000 after falling victim to an elaborate timeshare scam. The scammers contacted the couple, offering to sell their vacation home. The couple was pressured into sending money to cover border transactions and avoid fines. They eventually borrowed money from their daughter and put their home on the market. The FBI warns of increasing sophistication of scams and urges timeshare owners to be wary of unsolicited calls and pressure tactics. Research potential buyers and consult an attorney before making any decisions.

Scroll to Top