TALLAHASSEE, Fla. –Attorney General Pam Bondi today joined Senate Majority
Leader Andy Gardiner (R-Orlando) and Representative Eric Eisnaugle
(R-Orlando) to unveil a legislative initiative that will protect consumers
from timeshare resale fraud, the number one complaint that the Attorney
General’s Office has received for the past two years. The bill strengthens
existing laws by addressing unfair and deceptive marketing and advertising
practices by timeshare resale companies. From January 2011 to date, the
Attorney General’s Office has received nearly 6,863 complaints. In 2010,
the Attorney General’s Office received more than 12,000 complaints about
timeshare resale fraud—more than the next four highest complaint categories
combined.
“Florida is home to millions of timeshare periods that consumers purchase.
We cannot allow unscrupulous individuals to mislead and defraud our
consumers who are attempting to sell their timeshares, many of whom have
invested their life savings into their dream vacation homes,” stated
Attorney General Pam Bondi.
“I am proud to stand with the Attorney General to introduce legislation
that will further protect consumers who purchase timeshare properties in
Florida and later lose their money due to fraudulent resale practices,”
stated Senate Majority Leader Andy Gardiner.
“Timeshare properties are a vital part of Florida’s tourism and resort
industry. People who purchase these properties should be protected from the
misleading and deceptive practices being used by dishonest timeshare resale
companies,” said Representative Eric Eisnaugle.
… Continue Reading