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Scam information

This content is based on victim and potential victim accounts. Government agencies and legitimate business names and phone numbers are often used by scam artists to take advantage of people.

Description

They told me that I have a buyer of my timeshare. They sent me a resale timeshare contract with the ignatures of the buyers and let me sign it too. They asked for $2,200.00 for the processing fee., which I sent them through zelle. They let me open an escrow account where the nuyer will deposit for their payment. They showed me a form to be filled up for transfer title. I thought sverything was real. Until paild them a total of 1$12,100.00 for paying the escrow company and the closing. They said the buyer has paid them $35,000.00. So I thought I will still earn $23,900.00 on the sale. But when I paid the capital gain tax they said they said that the funds will be disbursed to my bank account in just 24 hours. But days had passes I didn't receive anything. They made another alibi saying the timeframe for the payment had expired and wanted me to refile or redo the processing of the papers. Now they are asking me to pay $9,300.00 to continue the sale. I told them I don't have money anymore. The said I can file a cancellation of the sale. But I have to pay $3,675.00 before I could refund my money amounting $12,100.00. I told them to ask the escrow company to release the funds, just deduct the $3,675.00 from my money. They wont do it. I was already begging them because they can talk with the escrow company. So I think they have scammed me. I am the seller, but I didn't have guaranty that I would be refunded on my expenses. Hope you will be warned on this kind of scammers.

Dollars Lost

$12100

Targeted Person's Location

IL, USA- 60093

Scammer Information
Scammer location logo

Santa Monica, CA- 90401

Mobile logo

(888) 222-8170

Web logo

Www.rollingoaksfinancialenterprises.com

Scam Type

Other

Learn More

Business name

Rolling Oaks Financial Enterprises

Date Reported

March 22, 2025

Scam ID

962141


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