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| Sun, Dec 22 2024, 20:02:44 | [ Login ] [ Contact Forum Admin ] [ Main index ] [ Post a new message ] [ Search | Check update time | Archives: 1, 2, 3, [4], 5, 6, 7, 8, 9, 10 ] |
| Subject: Re: timeshare list | |
Author: Up2u | [ Next Thread |
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] Date Posted: Mon, May 22 2006, 2:08:34 In reply to: sgwatchdog 's message, "timeshare list" on Tue, Feb 21 2006, 15:01:53 Hi all Just one fine day recently, a thought dawned upon me. Every timeshare victim assumed directors of these timeshare companies cheated people's money for their own benefits. Has anyone ever thought PERHAPS these timeshare scamming which has been going on for many years, PERHAPS with many victims stopped trying any means to get their money back because they failed repeatedly & PERHAPS with huge sums accumulated by the timeshare companies (worldwide total amounts not remitted to respective resorts, not just Singapore), can PERHAPS be one of the avenues for terrorism funding for one or for some. If not so now, it might be so in future because locally we don't see much success for the victims to recover money, not even 1%. It's very UNTHINKABLE & I HOPE NOT with all my heart but who is to know! I can foresee the next countries these timeshare companies may PERHAPS want to target are India and China with huge population or PERHAPS the seeds have already been sowed. The company names in the timeshare list can always change over the months/years. All the directors have to do is close down company & start a new one. There ought to be some controls at ACRA level by liaising with CASE, ie once a company has been identified as a company conducting timeshare activities and subsequently close down its operations in Singapore and start up another company, the new company operations ought to be under tight scrutiny by CASE. PERHAPS the bank accounts of the current directors of the companies and the companies in this timeshare list should be regularly scrutinised by MAS for unusual amounts & the recipients. This is just a suggestion, I'm sure there are many other ways & I'm not an elite. This has been a long, dragging issue, certainly hope something good enough (not the best, nevermind, can keep improving) can happen soon and we certainly need the government support. Best of luck Up2u [ Next Thread | Previous Thread | Next Message | Previous Message ] |
| [> Subject: Re: timeshare list | |
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Author: confused [ Edit | View ] |
Date Posted: Mon, May 29 2006, 4:40:11 Me and my husband were called by a company called Global Europ. They claimed they can terminate our timeshare that we bougt by showing us some termination letter issued by k.S Chia Gurdeep & Param Advocates & Solicitors. We end up signing an agreement to pay them 10K (paid 5K so far)for the termination which they claimed should take around 3-4 weeks, but usualy by 1 week we should be able to get the letter of termination. Then they ask us to come back once we get the letter to write an affidavit and settle the remaining 5K. The company's name is in the timeshare list that u've writen. Is this a good thing or we has been trapped by another company. PLS PLS help...!!!! [ Post a Reply to This Message ] |