The consumer receives a telemarketing call telling her that a buyer has been found for her Mexican timeshare, and normally promising a ridiculously high selling price. The seller is told that there are no upfront fees and sent what appears to be a legitimate contract. Eventually, the transaction will be given to a "closing company" who then goes into the Mexican transfer tax con game. If the consumer pays the non-existent tax (which is in reality just a camouflaged upfront fee)- the con artists will then normally try to bleed the victim for a few more payments (all of which they promise will be refunded) until the timeshare owner finally realizes that it just a scam!
An except from the reader's warning is below:
"...I was contacted at home by a man by the name of Darren Lucas from Global Partner Netowrk out of Toronto, Canada. He told me that a buyer is interested in purchasing my timeshare week (in addition to others) at the Villa Del Palmar Resort in Mexico. He asked for my email and said he would send an offer letter within 72 hours. I agreed to the offer and completed all the forms. I also spoke with a David Klein and Kenneth Wade during the process. When it came time to go to escrow, I received a few documents via email for closing. One of them was in Spanish and was stating that I need to pay a SAT tax in the amount of $2650.00 before they would wire transfer my payment to my account. I called to discuss this with Kenneth Wade, who took me to a website that supposely explained SAT taxes and he had me write a letter to explain why I should get a refund of the tax. He replied within an hour stating that he received approval to refund my tax money and it would come back to me with the money for my timeshare. I didn't have the money so borrowed it from my parents. They suggested that I look into this because of potential scam. I have not heard back from Global Partners Network since I told them that I had the money to pay the fee. I looked at their website globalpartners-network.com and they appear to be legitimate, but I have a bad feeling that it is a scam. I looked up the BBB in Toronto and they have not had any reports. I have not proceeded with the sale. As I reread the sales contract, a flag went up when I read a paragraph that told me not to contact my resort or they would try to stop the sale..."
You can find more examples of the Mexican timeshare resale scam at the following links:
Mexican Transfer Tax Scam
Mexican Tax Scam
Mexican Timeshare Closing Cost Scam