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Many St. Louis area consumers say they were tricked out of thousands of dollars each in an apparent national timeshare marketing scheme that has victimized hundreds of people over the past three years, Better Business Bureau (BBB) warns.

BBB warns timeshare owners to be extremely cautious of telemarketers inviting them to attend informational meetings at local hotels or restaurants.

“These people need to be stopped,” said a woman from Wentzville, who says she and her husband lost $8,000 to a group of salespeople they met at a restaurant in St. Peters.

“They need to be in jail,” her husband added.

Several businesses appear to be connected to the scheme, including R & R Venture Group, Cornerstone Processing and Point Rental Liquidators, all of Las Vegas; Excess Property Solutionsof Morris, Ill.,Travel Services Group of Elmhurst, Ill., and Extensive Travel Solutions of Kingwood, Texas.

http://interact.stltoday.com/pr/business/PR071615034522301

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For more information regarding this article or assistance in any other timeshare related issues please contact the TCA on 01908 881058 or email: info@TimeshareConsumerAssociation.org.uk