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Pro Timeshare Resales LLC (by Don P.):

Today the Orlando Sentinel reported that the FTC has ordered the owners of Pro Timeshare Resales LLC to surrender 3.4 million dollars in homes, vehicles, a Rolex watch, silver coins and a diamond ring they bought from an alleged timeshare resale scam .

Jess Kinmont and John P. Wenz operated out of Deland and Flagler County Florida . They took money from timeshare owners claiming they had buyers or renters for their timeshares . They charged their victims up to $ 2,500.00 upfront and failed to deliver . They were charged with stringing their customers along and keeping their money with additional false claims and asked for additional closing costs and other fees .

The settlement orders them to stop engaging in the fraud and bans them from marketing or selling timeshare resale services or telemarketing .

The court order imposes a 18.7 million dollar judgement against them which will be suspended when they surrender these funds .

The problem is that it is just a civil penalty with no criminal charges . It looks like crime really does pay in this country when you only have to give up a small percentage of your stolen assets and not have to face criminal charges . Disgusting but true .