Get the latest tech news
Timeshare owner? The Mexican drug cartels want you
The FBI is warning timeshare owners to be wary of a prevalent telemarketing scam involving a violent Mexican drug cartel that tries to trick elderly people into believing someone wants to buy their property. This is the story of a…
After certain forms were signed and faxed, the Dimitruks were asked to send a small wire transfer of more than $3,000 to handle “administrative” and “processing” fees, supposedly so that the sale would not be held up by any bureaucratic red tape down in Mexico. In July 2024, the FBI and the Treasury Department’s Financial Crimes Enforcement Network(FinCEN) warned the Jalisco cartel is running boiler room-like call centers that target people who own timeshares: “Mexico-based [transnational criminal organizations] such as the Jalisco New Generation Cartel are increasingly targeting U.S. owners of timeshares in Mexico through complex and often yearslong telemarketing, impersonation, and advance fee schemes.
Or read this on Hacker News
