13 Dec, 2015 → by ClaimboUser609102
Such a scam tied into a much larger fraud scheme

1

I was talked into signing a contract with Hendersons Group Investments while at a timeshare presentation at Cabo Viejo (doing contracts under Registry Select International). As added pressure and incentive to try and obtain the sale at Cabo Viejo, the scam goes as this: Cabo Viejo offers to buy your current vacation plan from you through 3rd party, Hendersons Group Investments, if you buy at Cabo Viejo. Pretty much like a trade out of vacation plans. They offer you a price higher than what you originally bought your plan for so that it is enticing. While at the presentation, you sign a contract with Registry Select (or other names as they change it through the years like Select Registry, etc) for Cabo Viejo property usage and then a separate contract with Hendersons for the sale of your current vacation plan. The catch after they have roped you in is this: you must first pay for all of Cabo Viejo up front and then supposedly Hendersons pays you for your vacation plan 45-60 days later after it goes through the sales/liquidation process. On top of that, they also request you pay additional fees direct to them for the cost of marketing, property liquidation, closing, etc. Of course, not until too late, after Hendersons drags lies and excuses on and on for why your money is being held up (90 days later, 180 days+, a year later, etc), do you realize what a scam they are. They have an entire story made up that unfolds as time goes on & they continue to delay paying you for your property sale. While their story is quite good and they have the scam pretty nailed down, it starts to get pretty apparent that they are not intending on paying you. And the excuses too of why they cannot produce for you contract extension documents, or that you must "speak with someone in finance for an update", but yet no one in Finance will ever field your call lead into the mistrust. After a year of weekly follow ups with them to remedy the contract and payment with no services delivered, they finally ran out of lies and admitted to being a scam when I confronted them the last time. They also try to portray an online social media presence to pretend to be legit, but if you research further into it, you start to see through the deceit. Consumer protection fraud filings have been pursued on this company and their associated partners.
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