MauiJim
I agree, I have been saying it since last year this house of cards is going to fall. DRI will not be able to survive if they do not get their cash infusion at the beginning of the year. If the Hawaii collection and the points folks cut off payments it will cripple DRI CASH FLOW. DRI gets a BUTT LOAD of new inventory they could not give away on a good day and we flush the turds once and for all.
The duffster left last December and I am guessing they have been moving their money (used to be ours) in to those cayman accounts (not St. Maarteen I'm sure). I think the folks at the Point are gonna get some legs on this one... (I told you duffenbeck, you are crooks and it will all catch up with you) bye, bye...
CVO
These guys that are scamming you are the same laid off or out of work TS sales dudes that scammed you in the first place that is how they know about your time share. They have destroyed the REAL Timeshare Business and sales are way down in fact P.T. Barnum would need to recalculate his original theory if it were based on TS industry current closing rates. So now these scammers need a new business model to exploit your vacation dollars. How about selling you a way to get out of the "Legally Binding lopsided CONtract" or at least the IDEA of a way to get out... And next week Mr. Green is in the GREEN...
Unfortunately they move faster than the FTC or consumer protection can move (which is not saying much). The best you can do is file a complaint with the State AG and spread the word hopefully someone is listening.
Helps to post here too.
CVO
CREST
Many are upset and more are finally waking up to the SCAM that is the "Diamond Difference" I think is how "they" phrase it...
KBCowners.com for more info
United as one we can...
CVO
DRI knows there will be fallout from this and they probably have already estimated the revenue they will generate from the RE-SALE of all the new foreclosures in their executives Christmas bonuses.
These guys are a leeches and do not care about the resorts they purchase, they only care about the owners at those resorts and how much money they can fleece from them before the owners revolt. DRI also knows that by keeping the owner/members list "a secret" the owners will never be able to oppose DRI / VOA Board decisions, this is all part of their Extortion tactics, in my humble opinion of course, but if DRI wants to open up the discovery process I'd be willing to bet.
Let's see if this shoe fits...
Modern organized criminal enterprises make money by specializing in a variety of crimes, including EXTORTION, blackmail, gambling, loan-sharking, political corruption, and the manufacture and sale of illicit narcotics.
Extortion, a time-tested endeavor of organized crime, is the acquisition of property through the use of threats or force (just read the tone of the annual extortion and maintenance fee statement and tell me it is not threatening). For instance, a criminal enterprise located in a certain neighborhood of a city may visit shopkeepers and demand a specific amount of so-called protection money ( or in our case Special Assessments). If a shopkeeper (owner/member) does not pay the money, the criminal organization may strike at him(credit rating), his property (foreclosure), or his family (his heirs).
Hey Clueless can you say RICO
CVO
Miccl
Your case sounds good for material breach, but be prepared DRI will fight you tooth and nail and deny any wrong doing. It is always the member/owner that "does not understand the inner workings" of DRI and their magic mystery points. It is unfortunate that they have already placed your TS deed in to an irrevocable trust (In my opinion this is a strong handed tactic to hold members hostage to DRI's annual fleecing until 2054, DRI claims it is for the stability of their points system, but there is nothing stable about any points system I have seen, they are all ripe for greed and corruption from the developer)
Good luck!
CVO
Hey JazzCat,
First of all just because you think you know what you are talking about does not make it fact. I do own property and I have the Deed to prove it, When I purchased this over 10 years ago we purchased a FEE SIMPLE DEED for my 1/51th ownership of unit 654. This deed is recorded in the state of Hawaii and I am listed as the owner. If you want to talk about the useless magic mystery points Diamond Resorts International sells today well then your right those folks OWN NOTHING except a promise from DRI to bill them for their annual magic mystery points until 2054.
FYI - JazzCat
Fee Simple - Legal ownership of potentially infinite duration. Property so owned is fully transferable and inheritable. Historically, special words were required to create a fee simple such as “I grant Blackacre to X and his heirs forever.” G.L. c. 186, Sec 13 abolished the need to use the term “heirs” in such a conveyance and states “A deed of real estate shall be construed to convey an estate in fee simple unless a different intention clearly appears in the deed.” -
Secondly it never was an "INVESTMENT" as you say it was a purchase for use by myself and my family and as such we have enjoyed several vacations over the years. My complaint is that Diamond Resorts has destroyed any value this DEED had by forcing us to pay for DRI's poor business practices of paying to much for their acquisitions and other stupid decisions made by Diamond Resorts like not properly maintaining the properties to which they have a moral and fiduciary obligation to maintain.
CVO
themajority,
Were you a deeded owner that got sold the magic mystery points, I am sure there are others that would benefit from the details of your case and your particular filings... PLEASE ELABORATE! If you have filed a RICO complaint, there are others that would follow suite. There are enough folks (in my opinion) that are tired of getting FLEECED/EXTORTED by Diamond Resorts International, paying for all of Cloobeck's unsustainable corporate expenditures (like overpaying for acquisition of "Resorts" ie. new members to fleece/extort from, executive salaries and bonuses and political bribes [I mean contributions]). If enough folks complain perhaps some consumer advocate could step in to help sort this whole mess out once and for all. The simple fact that Hawaiian FEE SIMPLE DEEDED property has no monetary Value indicates to me that the Policies and Practices of the property management are not conducive to any real value whatsoever.
We are the majority, but Diamond Resorts International fleecing company knows it is difficult for members to organize any real opposition to their systematic and hostile take over of any of the the resorts they acquire. To them it is simple math acquire a 500 room resort times 51 intervals per room is 25, 500 INTERVALS times avg $1, 200.00 per interval yields a cool $30.6 million per year or roughly 6 million per 100 units every year, year in and year out regardless of the cost to actually run the resort (which should be no where near the 6 million per 100/units).
Does it really cost over $60, 000 per unit/year to operate a resort? If it does, your doing it wrong clueless... The real costs with Diamond Resorts International are running the BIG CORP SCAM and paying off the HUGE LOANS Cloobeck took out on the Sunterror purchase and the other resort acquisitions where he has over paid just to ring the membership cash register over and over again. Diamond Resorts is about as organized at their CRIMINAL ACTIVITY as some New Jersey Italians... (my humble opinion)
CVO
esoterrik1
Thank you for helping to get the word out about the hostile treatment you received at your sales pitch. Real sorry you were sucked in by these (In my Opinion) high pressured sales tactics used by Diamond Resorts International (DRI) Its good to see DRI is working on damage control again this year. I guess we get Tony Kowal, probably a nice enough fellow, but he has been tasked with keeping quite all the dirty little secrets about Diamond Resorts International. Like the fraud perpetrated at their scripted and rehearsed 90 minute sales presentations.
There are several groups very out spoken on the subject and we would love to have you join us as another UNSATISFIED Diamond Resorts International Magic Mystery Points Scam. Diamond Resorts has been FLEECING their members/vacation owners for nearly 5 years it started shortly after they purchased the nearly bankrupt Sunnterror Group and there points system meltdown (for $700, 000, 000 of our Special Assessment fees) .
Watch this video
http://youtu.be/JV9C9tE1qwM
Good Luck
CVO
Stop justifying you former carrier of ripping off vacationers fasdfaf If that is your real name?
TS today is a rip off and probably always was a scam that millions have been sucked into over the 40 or 50 years. Now there is this pool of Timeshare carrier "has beens" that have sold these "Holiday Intervals" that is all they know (except for those that have crossed over to the big TS UNDO SCAMS).
Is the TS Industry too big to FAIL TOO! Do you think I care about a bunch of rip off artists ConMen not working because SALES are DOWN, the whole Industry has become a cesspool of GREED and CORRUPTION with the top of the pyramid really keeping their slice of the residual payments we are forced to pay WHICH IS DAMN NEAR EXTORTION it certainly is a form of FLEECING. From the looks of your post fasdaf, you may still have some financial ties to the industry. Seems to ruffle your feathers that some of the sheep might stray from the Shepard with the big boots.
Of course everything I say on these boards is just my humble opinion.
CVO
Tony,
Why shouldn't essoterk1 be able to discuss the QUALITY of Diamond Resorts Internationals Complaints on a PUBLIC FORUM. I know it is your job to try and take this BAD PUBLICITY OFFLINE, but I think the PUBLIC NEEDS to KNOW what is Really going on in the Time Share POINTS SYSTEMS and especially as it relates to a company as notoriously GREEDY as Diamond Resorts International Complaints.
Just my thoughts
CVO
WOW TB
I hope you have joined the www.poipuowners.org group, there is great strength in numbers and this group is building as is the sister resort on Maui kbcowners.com. Good luck to you that is a very stressful load to dump on folks without ANY WARNING just before the holidays WOW amazing! DRI way of sending Holiday Greetings, what a nice company (barf).
There is another group across the pond HATING Diamond Resorts International too they are Diamond Resorts International Complaints Protest Group DRIP for short.
http://www.drip.enjin.com
'A business that makes only money is a poor business.'
Henry Ford
CVO
Hey Hostage,
you are right about doing due diligence, but this is why they make their offer ONLY AVAILABLE during your 90 minute hostage negotiation/presentation.
The whole Time Share 90 minute SALES SCAM is a well orchestrated and well rehearsed method of monetary extraction from weary travelers that are just wanting to relax, so there guard is down. You or I may see less than a handful of these presentations, but the sales people do 2 or 3 a day so they learn to read the MARK (you and I) and know just how to MANIPULATE them to part with their money. The more WE the Diamond Resorts Hostages spread the word It is our hope we can save some folks from the EXTORTION/RANSOM tactics being perpetrated by Diamond Resorts International complaints. (IMO)
I truly believe this company has used every means available to them to Legally STEAL as much money as they can from each and every member to the fullest extent available to this GREEDY and CORRUPT business practices of Diamond Resorts International complaints.
Case in point is Diamond Resorts International's complaints from the Hawaii collection, People were being sold inventory as recently as July on one of the posts without any legal disclosure or certainly not a clear disclosure of WHAT Diamond Resorts International KNEW were huge financial obligations that they were going ### all members. This is not only unethical I believe they may have crossed a few legal boundaries as well, but I am no lawyer. I said it a year ago when I first started going public with my opinion of the action of Diamond Resort Internationals Complaints Their GREED and CORRUPT behavior will be their downfall.
Stand Strong and Join one or more of the protest groups beginning to make a difference. And do not let these DRI SPIN DOCTORS take your conversations offline. This too is a tactic to silence we the hostages.
Join one or more to follow our progress;
www.poipuowners.org
www.kbcowners.com
drip.enjin.com
CVO
Cujo,
Diamond Resorts International complaints are also on the rise, their GREED, FRAUD and CORRUPTION are finally paying off (by pi$$ing of more Diamond Resorts International complaining members, GOOOOO Diamond!)
If ever approached by Diamond Resorts International Fraud (sales) division, RUN, there is nothing RELAXING or SIMPLIFIED except how quickly and often Diamond Resorts International will FLEECE you of your hard earned Vacation dollars.
The previous statement is solely the opinion of a Concerned Vacation Owner...
CVO
xtinale,
Political Contributions...
CVO
Well Robert,
That just goes to show you, you should really think about an UPGRADE to their SUPER DUPER Platinum RIPOFF SCAM membership level (they may call it something else) just send lots more money in to the Diamond Resorts International Money Pit. They will promise verbally to not screw you over, of course the only difference is you will be much lighter in the wallet and they will be richer, thank you very much. Their house of cards will fall soon, but never soon enough...
CVO
bananaana
Diamond Resorts Standard Answer will be;
DIE, file for BANKRUPTCY or call again in 2054... except they will probably be rude about it.
I really do not think they care about your family or your situation, "just send MORE MONEY and SHUT UP... STOP MAKING WAVES"
Good Luck
CVO
Really?
Looking at your 117 trolling posts (All of which blame and demean the person posting the complaint says a lot about who you are, REALLY). Glad you got such a great deal with your Hilton Vacations (my contract was with Embassy Suites Vacation, loved it back then). Then along came the Sunterra POINT SCAM and when they got themselves into legal/financial troubles Diamond Resorts International Purchased them for an astronomical value much more than Wall Street felt it was worth (Sunterra was a public company). Diamond Resorts International did not care how much it cost because they planned to FLEECE the 450, 000+ members from the get go.
Diamond Resorts International using unfair, unethical and at times Illegal tactics to maintain their unfair advantage over the Home Owners Association at many of the resorts they MISMANAGE. This gives them the ability to raise fees and make special assessments with little to no resistance from the owners with the exception of the hundered of complaints here and else where on the Net.
When your FEES and Special assessments more than DOUBLE over 4 years time lets see if your still singing the same tune. The fact of the matter is you REALLY can not speak to OUR situation. I could easily produce the names of many hundreds of folks around the world that have been taken advantage of by Diamond Resorts International and have VOICED their complaints. So you REALLY should get your facts straight, maybe do a little homework before spewing your poison regarding things you know very little about. Very small minded people with low self opinion do the same thing, "just saying"...
As for those "10" of us (suppose you ran out of fingers and could not get your shoes off so you could continue counting, "just saying") that frequent the complaintsboard and many of the other boards like Redweek and TUGG where we use our 1st amendment rights to WARN other Travelers to STAY away from Diamond Resorts International as an altruistic act to save them from the misery that is the diamond difference in my opinion.
CVO
CONSUMER WARNING;
Timeshare GET OUT SCAMS abound, do not pay anyone any money upfront ($0.00) Zero, Zip, Zilch NADA DAMN DIME... If they can not help you based on RESULTS then hang up the phone...
The above post from Joseph is for a company called "Direct Transfers" please do your due diligence before working with any company that claims they can get you out of your timeshare. I did a quick search and found their job posting online looking for SALES PEOPLE with an opportunity to make good money in a fast paced environment... hmmmm RED FLAG WARNING already...
http://seattle.wajobz.com/exploding-sales-company-looking-for-the-lacey-wa.html
Direct quote from Job listing (link above)
"If you are looking for the opportunity to make 3, 500 – 7, 000+ a month in sales commissions and willing to put in the work, we will help you accomplish that goal."
Sounds to me like someone is making way to much money, if the sales guys are making that much (top sales guys maybe) it must be a pretty expensive service.
Good luck and do your research folks Use Google or other means to check out these companies (BBB is not always an accurate source) it is your money spend it wisely...
CVO
A&J Mack
Thanks for posting, you nailed it the head Diamond Resorts International's big money grab plan in a nutshell.
First take over enough of the HOA Board at any given resort to get a strong hold (sometimes done under the radar)
Next start Amending/Changing the Articles of Association so they fit better with the SCAM (make it all "LEGAL" the same way the politicians do it, just change the rules).
With the new rules in place now Jack up all of the FEES and Special A$$essments (Much like "TAXATION WITHOUT REPRESENTATION") this forces other owners to default and get foreclosed (they STOP PAYING THE EXTORTION MONEY) or they buy into THE PONZI SCHEME, this is the crap DRI sells at their high pressure sales CON. The salesman tells you "it will save you money because you can use some of your worthless points to pay DRI's over inflated fees" (paraphrasing). How many folks were defrauded in to the Hawaii Collection using that exact tactic this past summer clueless? All of them...Right?
By the way Clueless exactly how does that bribe/discount calculate in to the Resort's budget (which line item and who handles the audit on that? just asking cuz that is going to get asked by the prosecution I'm sure). It seems to me like the discount needs to be paid by someone, if it is part of a "REAL" budget (not some FAKE made up crap by some ego-centric ConMAN trying to EXTORT as much money from folks to which he has a REAL LEGAL fiduciary responsibility to protect, not harm). The budget that is supposed to be used to maintain and run the resort from which it is drawn not some EVIL GREEDY TRAVEL EMPIRE for KING FULLOFHIMSELF used to SWINDLE/FLEECE Thousands out of there vacation dollars.
Maintain (v. used with object); to keep in an appropriate condition, operation, or force; keep unimpaired: to maintain order; to maintain public highways. TO MAINTAIN THE RESORT, that is why the fees are paid not to allow some has-been used car salesman to rub elbows with the Blue Bloods.
BTW/JMO
CVO
Folks if DRI does not raise the point values needed to stay at what was once your home resort interval. It is a way to sell you more, so they can tax you more next year. This is part of the big magic points program DRI or any other points program for that matter, it's like printing money. They get to control the value of the points system not some fair market program like EXPEDIA and real US Currency or any other world currency for that matter, this is a global PROGRAM Diamond resorts in Running (Ruining is more like it).
"a business that makes nothing but money is a poor business"
H. Ford
CVO
Donna,
Sorry they got you too, In my humble opinion these guys are skilled CROOKS as they have changed the rules to suite their SCAM, they lie and cheat their way in to your wallet, so they can continue to rip you off. It seems the only way to get justice with these CROOKS and SCAM ARTISTS is to keep making noise so others do not get Damaged by their tactics. Hopefully there will be noone left to buy all the foreclosed points and deeds. Then who is going to feed the beast?
I have been complaining on the public forums since Nov. 2010 after receiving another ASTRONOMICAL EXTORTION LETTER from these heartless ### (always just before Christmas too, I wonder if that too was planned). I have complained directly to them on several occasions regarding these RIP OFF A$$ESSMENTS and the UNDERHANDED, UNFAIR BUSINEES PRACTICES with no result except an earful from their customer dis-service department. They do not buy back anything that program always just closed. They will however gladly foreclose on you, put your credit at risk, torment you over the phone regarding collection of past EXTORTION FEES and make your life miserable for as long as they can squeeze another nickle out of you. I personally believe they LOVE PISSING OFF THEIR MEMBERS, so they can foreclose and get more power on the Resort Boards, recover more magic points to OVERSELL FRESH MARKS with their LIES and DECEITFUL HIGH PRESSURE SALES TACTICS.
These CROOKS were still selling Hawaiian Collection Magic Points (probably still are in fact) without disclosure (except maybe buried some where in their CONtract paperwork which they gloss over during the force feeding frenzy of paperwork). They are CROOKS through and through and they plan is to steal as much money as they can under the false pretense that they are doing it within some legal guidelines (forget about ethical or moral those character traits are non existent with this bunch). Meanwhile they defy court orders as in the St. Marteen case and change the meaning of the HOA Articles of Association to suite their GREED LUST and PROTECT their SCAM to FLEECE all OF THEIR MEMBERS.
Currently there are several groups of Diamond Resorts Members and Resort Owners gathering names of individuals, so please join one or all of these groups and keep SHOUTING the TRUTH about these CONMEN (and Women). (current count in excess of 2, 000 IRATE MEMBERS in total and climbing)
drip.enjin.com DRI Protestors (mostly UK folks a friendly enough lot, but a US and Canadian presence is building the current list is approaching 1900 members there. Then there is the Magic points members and owners at Poipu in Kauai
www.poipuowners.org
And the Kaanapali Beach Club owners and points members
KBCowners.com nearly 1, 000 when combined with Poipu group.
These lists of protesting members are growing as Diamond Resorts Really stepped in it this time with their mis management of the resorts and now the damage is so bad at Poipu they damn near need to rebuild the resort.
I am sure they will try and spin it that this damage was there when they took over Sunterror, but that was nearly 5 years ago and they have done nothing to mitigate the situation nor have they disclosed their knowledge to potential buyers at least not forthright with the disclosure and it's impact on the buyers wallet.
Diamond Resorts International = FRAUD, SKULLDUGGERY, EXTORTION to put a name to the face...
United we can...
CVO
CVO
Holly,
There are many that feel your pain, I too have not CONtracted with these CONmen yet every year they reach in to my wallet and steal my money and claim they are doing it legally. They have by contract a fiduciary responsiblity to care for the property and to maintain the value of the resort. Since these CROOKS took over we have lost ALL our original benefits (except for booking accommodations at our home resort) and the only thing we have gained since the Diamond Resorts International Scammers took over is a higher annual EXTORTION request.
These crooks take over the resort they are being paid to manage by taking over the Board of Directors, according to my contract that I signed with Embassy Suites/West Maui Partners LLP back around 1999 it clearly states the developer is only allowed 1 seat on the board not 3 which they currently hold and who really knows the loyalties of any of the board members and what influence$ Diamond Resorts may have over the other Board members.
if you have 3 board members favoring the unfair and unethical business practices there is no longer any checks and balances to prevent the abuse of power, greed and corruption which is the real problem with Diamond Resorts International.
This too is my pain as well as my opinion.
CVO
Art,
Good luck with that even if they provide you with some numbers there is a good chance they would be cooked. I have looked at our Maui Resort budgets from when we purchased back in the late 90's and compared to the ones from after the death of Sunterra's reign. First off DRI's budget adds several new line items like Administrative Support Fees at over a million and Admin Fees and management fees (on top of salaries for these "ADMINS"). Really how many times you gonna put your hand in the cookie jar, it is all a big money grab. Things such as reserves went from less than a million per year to 3.6 million over a 4 year period. (to sick to my stomach to look at it this year)
I would love to see where the all the "reserves" money is going each year. I'll bet there are lots of DRI hands in that cookie jar, but none of this information is made public (another reason SJC made this a private corporation was to reduce the public financial reporting requirements needed for a public corporation-IMO). Face it we got sucker punched and now the big bully is kicking us while we are down and asking how we like it.
How can tell Diamond Resorts International is lying, cheating and stealing your money... same as a politician, check for a pulse!
Cloobeck if your innocent then show us your books (the REAL ONES)
CVO
Yup, that is the way they do it lie till you buy, I think that is Diamond Resorts International's standard marketing slogan
"We'll Lie Till you Buy".
STAY AWAY FROM THESE HIGH PRESSURE SALES SCAMMERS
Concerned Vacation Owner
Diamond Resorts International Scams require their Vail of Secrecy to be successful, they do not want potential BAD PRESS as this can keep potential MARKS from falling PREY to their SCAM from their PHISHERMEN/HIGH PRESSURE SALESMEN in the resort towns. Big big money $$$ for worthless property and even more worthless points. Even Diamond Resorts does not buy their own points back that is how worthless the Points are for vacationing.
This is of course just my Opinion.
CVO
