Luxury Capital Group in Seattle, WA
Complaint 87317 Details

I was called from the Luxury Capital Group in Seattle, WA about selling my timeshare and gave the spiel about their selling to large corporations in big lots. I received a contract along with a letter spelling out the contract terms again. This letter was signed by Dominic Cleary, Regional Director, and Anthony Sabella, Vice President. They asked for $3,080.00 upfront refundable fee. When I told them I could pay no more than $2,000.00 they accepted that with the promise that I would pay the other $1,080.00 within 30 days of closing. All fees would be returned and the final proceeds would amount to $33,880.00 for the 154,000 timeshare points.

Within a month, I was contacted by a Don Hayes who claimed the other two men worked for him and that he had just returned from Sydney, Australia where he had an order for 8 timeshares at a higher price but that he would need another $2,000 for the paperwork. ($2,000 in either a personal check or money order, not a credit card). I balked at that, thankfully and said that I was satisfied with the original contract. He asked "What original contract?" I asked to talk with the original two contacts only to be told that they no longer worked there. I called back again and the receptionist kept hanging up on me. I kept pushing the redial for 30 times and finally got an answer to leave a message.

I talked with Don Hayes after that and he assured me that they were working on it and that the timeshare would be sold. I called today only to receive a message that I had called a "ring-tone" whatever that is, and that I could receive my own "ring" if I would call a certain number. Obviously, the business has gone "out-of-business." My $2,000 has been absconded. What a scam!!

Why are there so many businesses out there that are allowed to operate this way? If the government is so interested in consumerism why do they not control these totally rip-off so-called businesses?