FTC Sending Refund Checks for Nearly $2.7 Million to Consumers Defrauded in Timeshare Resale Scheme

The Federal Trade Commission is mailing 8,088 refund checks totaling nearly $2.7 million to consumers who paid an up-front fee to re-sell their unwanted timeshares. The average check amount is $332, and it must be cashed within 60 days, as indicated on the check. According to the FTC’s complaint, between November 2011 and December 2016, […]