The latest indictment accuses Ryan Brazel, 31, Steven Folan, 34, and Brian Morris, 45, all of Florida's Palm Beach area, of a dozen counts of mail fraud as well as a conspiracy count. The three defendants were managers of the Florida-based telemarketing companies under owner Jennifer Kirk, who pleaded guilty in June to charges of conspiracy to commit mail fraud and wire fraud. Kirk, 31, of Howell, N.J., faces up to a quarter century in prison and $250,000 in fines when she is sentenced Oct. 24.
Federal prosecutors have alleged that employees of the companies falsely told time-share owners in unsolicited calls that they had buyers for their properties. They solicited upfront fees of up to several thousand dollars from victims in purported closing costs they promised to refund when the promised sales closed. But Kirk's companies sold few if any of the time-shares and simply pocketed the upfront fee closing costs, refusing to refund the victims money.