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Allegations of fraudulent exit practices: Who is getting sued?

Allegations of Fraudulent Exit Practices: Who is getting sued?

Consumers’ Checkbook

“…the two farmed out most of their cases to third-party vendors who were paid as little as $500 and allowed to work … with little over-sight.”

Timeshare Exit Team: Brandon Reed

State of Washington v. Timeshare Exit Team

According to the Consumer’s Checkbook article dated April 2020, “The Ragers paid the company [Timeshare Exit Team] $5,500 to free them from their timeshare within three years. But as the years clicked by, the Ragers said they seldom received updates, and each time the couple contacted the company, they say there was no sign of progress in their case. ‘They told me the same thing every time: “Our attorneys are working diligently. No news is good news,”’ Lori said. According to Consumer’s Checkbook regarding State of Washington v. Timeshare Exit Team, “Brandon Reed and Trevor Hein, who previously worked as a rain gutter salesmen, started the company in 2012 without any experience or training in performing timeshare exits.” They were false advertising their exit services were risk-free with 100% success rates, ‘In reality, customers can wait months or years for an exit that may never come, all while continuing to owe money for their timeshare,’ the lawsuit says.”

More at Consumers’ Checkbook

PR Newswire

William “Chuck” McDowell’s Checkered Financial Past

Wesley Financial: Chuck McDowell

Diamond Resorts v. Wesley Financial Group, LLC

“According to the lawsuit, Wesley Financial Group owner William ‘Chuck’ McDowell touts himself as a pioneer in the timeshare exit industry and ‘Wesley’s aggressive television, radio, social media and internet advertising campaigns often feature McDowell without revealing his checkered financial past including:

  • Three bankruptcy filings
  • Eight federal tax liens
  • 13 civil and debt collection lawsuits
  • Two worthless check charges

McDowell previously founded ChuckLuck.com, an online sports betting ‘investment adviser,’ that made hollow promises of refunds, and then, amid a legion of angry and vocal bettors, mutated into Smokey Wins, a sports betting tout of no greater repute.”

More at PRNewswire

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