Warning About Timeshare Telemarketing Scam Linked to Mexican Drug Cartel

SOURCE www.foxnews.com
The FBI warns timeshare owners about a telemarketing scam connected to a Mexican drug cartel. Tech expert Kurt Knutsson offers tips to stay safe. Scammers target property owners, leading to significant financial losses. The cartel uses various tactics, including impersonation and intimidation, to defraud victims. Ways to protect yourself include verifying buyers, researching companies, avoiding upfront fees, using secure communication channels, and reporting suspicious activity to authorities.

Key Points

  • FBI warning about timeshare fraud tied to Mexican drug cartel
  • Scammers target elderly Americans owning timeshares in Mexico
  • Cartel uses various tactics like impersonation, call centers, and violence
  • Steps to protect oneself include verifying buyers, avoiding upfront fees, and reporting suspicious activity

Pros

  • Awareness raised about telemarketing scams targeting vulnerable populations
  • Tips provided to safeguard against falling victim to similar scams

Cons

  • Significant financial losses reported by victims
  • Use of violence and intimidation by the cartel to maintain control over operations