|
Timeshare scammers apprehended in Palm Beach County |
|
|
|
|
Written by TSD Staff
|
|
In Palm Beach County, three men were arrested for stealing more than $3 million from around 2,000 timeshare property owners in the United States and Canada.
Michael Frazenburg, Joseph Grizzanti, and Kenneth Foote were charged for conspiring to commit mail fraud, according to prosecutors.
Reports say that the three individuals were part of a timeshare telemarketing scam, which occurred from 2009 July to 2010 February. The scam, which operated under International Resort Solutions LLC, conducted at least four operations in Palm Beach County.
Similar to other timeshare telemarketing scams, the company asked timeshare owners to pay upfront fees in exchange for the sale of their properties. Once the funds were transferred, the company would not contact the timeshare owners again.
|