Timeshare Trap

Timeshares are one of the worst investments you can make. This journal is to inform people who are thinking about purchasing a timeshare not to do so and help those trying to get rid of their timeshare.

Friday, January 06, 2006

Timeshare Con Artist Gets Jail Time

Our Comments: It's a shame that situations like this occur at all. Just another reason to be very wary when hearing a timeshare pitch.


A GREEDY timeshare conman has been jailed after he fleeced thousands of pounds from more than 70 would-be holidaymakers who dreamed of their own place in the sun.

Jeffrey Armstrong, 51, from Offerton, Stockport, put adverts in national newspapers with the promise of bargain timeshare deals.

He visited those who replied, offering them big discounts on holidays to Spain, Florida and Portugal, and in England and Scotland.

Victims handed over between £500 and £7,000 as deposits, but the certificates he gave them for shares in holiday complexes either did not exist or were worthless. It is thought he may have pocketed more than £200,000... Entire Article


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