Warning to Diamond Owners from across the Atlantic.

Since Inside Timeshare published the article on the Apollo Global Management buyout 30 June 2016

 

http://insidetimeshare.com/700-2/

 

We have been informed that Apollo and Diamond have issued a Fraudulent Calls Alert in the United States, this is published below.

 

Fraudulent Calls Alert

It has been brought to our attention that some of our members have been contacted by a company purporting to be representing Apollo Global Management, (Apollo) and referring to the recent merger agreement between them and Diamond Resorts International®. These calls are not genuine; Apollo does not, and will not, engage in any communication directly with any Diamond owner or member. Please be extra cautious when accepting contacts from anyone using any such introduction in which to discuss membership issues, particularly if you have been ‘cold called’ and/or being offered services such as resales and relinquishment options. Various tactics are sometimes used to manipulate timeshare owners into making payments on the pretext of promises made to resell, transfer or relinquish their ownership. Members can be persuaded to pay a significant up-front fee and very often, no service is provided.

 

We are publishing this as a preliminary warning to Diamond owners, no doubt as has happened in the past what goes on across the Atlantic will surely happen in the UK and Europe. The advice is be cautious and do your research before committing to anything. Inside Timeshare would like to thank the American readers for this information.

 

If you are contacted in this manner Inside Timeshare would like to hear from you so we can publish details in order to warn others.


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