REGINA – If you receive a call about purchasing a timeshare, it may be a scam. Provincial regulators say an unlicensed company is selling timeshare vacations in Saskatchewan.
Trust Financial Services Group is advertising and soliciting timeshares, claiming to buy and sell the packages on behalf of Luxury Vacational Property Investment Solutions. Problem is, when potential clients pay money, they end up with no goods or services.
Financial and Consumer Affairs Authority of Saskatchewan (FCAA) says if a package sounds too good to be true or if you are being pressured into making a purchase, there is a good chance it is a scam.
In order to protect yourself, FCAA says to be extra cautious when purchasing a package unseen, research online to find a previous buyer from the company, and check with the Better Business Bureau or research the company online.
Anyone who believes they are the target of a timeshare scam should keep records of any transactions, phone numbers and the name of the sales representative.
READ MORE: Scammers targeting Saskatoon child care providers
Complaints should be made to the consumer protection division at 1-877-880-5550 or by email at consumerprotection@gov.sk.ca.
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