Mexican cartels are scamming American timeshare owners, FBI warns: ‘Devastating consequences’

Mexican cartels are scamming American timeshare owners, FBI warns: ‘Devastating consequences’

Mexican drug cartels are targeting wealthy, senior Americans with timeshares, according to a recent news release from the Federal Bureau of Investigation.The FBI reported last week that it has witnessed an uptick in timeshare scams against part-time owners. The scams are relatively complex and typically involve three phases, the bureau said. 'Robust network of fake company websites'Assistant Special Agent in Charge Paul Roberts stated, “Timeshar…

FBI Warns of Mexican Cartel Scams Targeting American Timeshare Owners

FBI Warns of Mexican Cartel Scams Targeting American Timeshare Owners The Federal Bureau of Investigation (FBI) has issued a warning about a new scam tactic employed by Mexican cartels, targeting American timeshare owners. According to the FBI, part-time property owners are being persuaded to pay large sums of money under the pretense that the payments are for their timeshare properties. The agency has highlighted that these scams frequently vic…