Three Palm Beach County Men Arrested in Timeshare Fraud

Economic crimes in Miami, especially those pursued by federal authorities, are often very complex and require a great deal of work. If you are accused of fraud or other theft crimes in Miami, contact our firm immediately so we can protect your rights.

According to the press release from the U.S. Attorney’s Office, the three Palm Beach County men are charged with conspiracy to commit mail fraud and wire fraud, charges that are punishable by up to 30 years in prison and $1 million in fines.

A criminal complaint filed against the three men alleges that they were involved in a scheme to defraud timeshare owners of money. Operating under the names of four different limited liability companies in Florida, the men would allegedly call timeshare owners who didn’t live in Florida and offer to purchase their timeshare on the condition that the owner pay thousands in up-front fees.

The owners were allegedly promised the fees would be returned to them at the closing, but no purchases or sales ever occurred. The fees were simply split among the telemarketers involved in the scheme, federal prosecutors believe. They say the three men would use the different limited liability companies to call the timeshare owners over and over as to further the scheme and deceive timeshare owners. In total, prosecutors believe the men took in more than $3 million in fees.

These types of white collar cases can be very difficult for the prosecution to prove because there are so many participants. For one, this case involves many limited liability companies, which can be easily created in Florida. And all the people who are allegedly victims were called over the phone, so there are no eye witnesses.

The main hurdle for the prosecution to overcome is identify. However, this is a case where the prosecution will likely lean on the assistants of informants and defendants who make deals in exchange for their testimony. To effectively defend this case against these types of witnesses requires an experienced and diligent Miami Criminal Defense Lawyer.

The federal and local governments have invested a lot of resources to go after these guys. Federal agents are typically able to pick and choose which crimes they want to pursue and when they do, they have a full arsenal of investigators working on the case.

Sometimes, they tell people they are being investigated in order to help with the investigation. If you or a loved one finds out you are being investigated by federal authorities in connection with a purported crime, contact our firm immediately. We must review your case at the same pace as the government to best protect your rights and defend you from any charges that may arise.