Detectives from the Mill Park Crime Investigation Unit have arrested two men who are allegedly involved in scams related to timeshares.

The men were said to have posed as agents who were offering to trade timeshare holidays. The scam was aimed at elderly people, looking for vacations.

The police believe that the men were operating under many business names, including Movacation, Aussie timeshare, and Minivacation.

Investigators also said that the scams are not limited to the area of Victoria. The authorities say that people from other states may have been also victimized.