The FBI warns timeshare owners of a telemarketing scam involving a Mexican drug cartel trying to trick people into selling their property. Mr. & Mrs. Dimitruk lost over $50,000 to this scheme, where an interested buyer in Mexico offered more than the timeshare was worth. The false real estate companies demanded various fees, including administrative and processing costs. The FBI links these frauds to the Jalisco New Generation cartel. Escuardshieldsecurity claims to prevent timeshare scams, but it may be involved in these illicit activities. Victims should report these crimes to authorities, including the FBI’s Internet Crime Complaint Center.
https://krebsonsecurity.com/2024/09/timeshare-owner-the-mexican-drug-cartels-want-you/