Travel Membership review: company cannot be located 49

Can we report a police case together? I keep receiving a call claiming they are Resorts Development Organisation (RDO), which has its Trustees Dept to repay me something as a follow up from Khoo & Krishnan. It's excruciatingly annoying...

I've been contacted by ATC and saying that they are helping to do a refund of the membership that I've terminated with IRN many years back. ATC mentioned that the termination with IRN is not valid and only ATC have the right to terminate the membership. And they had asked me to go down to their office to explain in details. I agreed to meet them few days later but I dont think I will show up after seeing so many scam postings online. But how do I deal with them if they send lawyer letters to me?

To all victims or potential victims,

Allianz Capital Holdings is a 100% scam company. Even the offshore tax or offshore trustee company are total bogus. Pls google about this scam company and alert CAD...do not any monies to them...total scammers!

I signed up a contract with Emperor Travel last year and that I received call from them a few days ago to inform that their company was bought over by another company so they ask me to bring my contract to go meet them on 24 Jan 14.

I went to this company by the name of Allianz Capital Holdings (ACH) located at Shenton House.
I was served by the consultant first. But I could not understand what he was trying to explained, the manager came in to explained. They told me that they bought over Emperor Travel as their "name" was not good but they wanted their clientele base as they see our program as an asset. As my program is stated 10 years and that they told me usually a program can be renewed up to 25, 50 or 99 years.
He explained that they are the first company that does medical tourism and that our programs are very valuable as they can sell it to people who are from overseas that comes to Singapore to get medical treatment. And in time for the clients to rest while getting their treatment done here, with this program, the customers can save up more money on the hotel stays in Singapore. 

So ACH are willing to buy back this program from us. They will get their administrator to draw up a quote for us (if we confirm to sign the buy back) which means u have to pay upfront a fee that they claim that you will be able to claim back after 3-4 months but in their contract it states 6-12 months.

The manager draft out a plan for me to see.
Eg: They are looking at 25 years plan.. Less out what you have utilised for me it's a year, so they are buying 24 years of my program.
For a hotel room, one can pay up to $250 easily for each night, I do not know how he calculate the sum but it goes up to about $60, 000 that my balance program is worth.
They told me that there is of course a 10% commission which we have to give them as no one does things for free and they are helping us in this situation. But we only have to pay them the 10% after we got our $60, 000. It sounds too good because we can run away with the money after we receive the payment. Then they claim that they have the Warrant of Act and their contract to protect us.
But we have to pay upfront a 18% of the $60, 000 as offshore tax  to some trustee or don't know what company that helps us to do the transfer thing. Of which this 18% is a can be arranged for 36 months interest free installments with UOB. 
They calculated that u have to pay the installments upfront first by and by the 6-12 months after u finally receive the money, we can pay the bank the balanced installments at 1 shot.
PS: I saw in someone contract, the tax is only 5% and they mention that those are for the 50 years plans.

The manager also showed me proved of customers who signed up and paid up with the UOB receipts and trying to convince me about the program, I told him I need time to consider and he say ok and he left the room.
Then followed by their lawyer came in to tell me that he's the one who will help to go through the legal process and he left the room in awhile also.

The consultant try to pursue me and ask if there's anything that he can help, I told him I want to see the contract and quote before I agree to sign up the buy back program. He went to take the contract of one customer that was previously shown to me by the manager and while I was reading he ask some guy and in came their administrator and ask me if i'm confirm and able to give them an answer by today before he go get the quote. As they say by getting a quote they need to pay some fees to get the people to analyse how much our program actual CMV (current market value) so if I cannot confirm to give them answer that I'll sign the buy back program, they will not show me a quote. And he asked me if I am interested and if I have the money to pay I say no... HE STOOD UP IMMEDIATELY and walk away.

And after the administrator left, the consultant keep on snatching back the contract to keep and tell me that the admin personel are leaving so have to keep all documents.

After my talk at ACH, I have called a friend to enquire, and her sister, a lawyer advice me to go to CASE to report. 
And after which I start to google about ACH and I found links that claim it's a scam too. I'm glad that I didn't pay up more to get conned.

I do hope that my experience can help you all.
And please share if anyone have done any reports filing and the outcome.

I have just been aproached by Collis Wong associates pte ltd who will help to terminate my membership with club emperor. Prior to this, I was approached by fine harvest and paid an amount of 17k which they claimed that it will b terminated and I wi be compensated with some money. Anyone has been aproached by this collis wong as they arw asking me to pay legal fee for the termination.

I think it is necessary to eradicate these scammer and we should join force organise press conference and weed out all these terrorists victimizing the innocent public. The Government, maybe CAD, should also help out just like all other campaigns, fines, jail terms and levies imposed to put the nation in order. The time share scam are not new and happened just like dengue fever. Need to put a stop to it.

Most timeshare companies are taking advantage of people, often those who are more vulnerable and less able to resist hard sales tactics. I have heard of many cases where maintenance costs rise well above inflation. It would appear the timeshare companies lock people into contracts and then drive up their profits though increased maintenance charges. It would be good to see legislation whereby timeshare companies can only charge "reasonable" maintenance costs and not use this annual fee to fleece people's bank accounts:

http://www.timesharescam.com/blog/115-timeshare-companies/

Hi all

I was browsing through and read all the above. In 2010, a friend mf mine offered to let me stay as a guest at the Marriott in Phuket. I dont have to pay anything. All I have to do is pay for my flight money and attend an hour session with a sales representative there. So I went. I stayed at the junior suite. It was a nice place. On the second day I went for the "talk". Some ang mo tried to get me to buy the time share. He said I could stay in any Marriott worlwide once a year for free. He sounded very convincing but I am not ready to part with my $35 000 USD. That was the price. Anyway I told him no and enjoyed the rest of my holidays.
Theres a lot of scammers out there who are trying to rip you off but not all timeshares are bad. It works for my friend and she travel every year and got me a free stay. I think before you actually sign on the dotted lines, read what you are signing and know what you are about to get yourself into. If you are a holiday junkie, like my friend then timeshare may work for you. Marriott set up booths all over the island. They dont do it discreetly and so does holiday fovourites like club med. These are reputable bodies.
That goes the same for companies that does realty access. Not all of them are bad. Worldex is a pile of ###. Never do business with them. Bric Solution is a better option. After my trip I was contemplating whether to sign up with Marriott or to channel my cash in other ways. I decided on realty access as I dont have the time to travel likr my friend. I invest $11 000 in Bric Solution. What was promised and written in their contract was the investment is for a period of 2 years and gueranteed 5% profit. Two years has gone by and I recently collect my rewards. The full amount of $11 000 plus 5% profit which was what was promised to me. The profit is not great but I dont loose anything. No investors can promise you 100% profit or all bsnks will close down. Study about investing. Bric Solution is backed by the Barclays Bank which is quite a reputable bank. I cash out my 5% profit and top up and reinvest till the next two years.
The truth that everyone needs to know here is simple. Investment takes time and generate some profits but not to make you rich in a short period of time.

Hi Guys

For those who got cheated by JC Hopkins, I manage to find out the director and shareholders name, Muhammad Ridzuwan Bin Roslan and Annie Sahlawaty Binte Mohd Salleh. Their contact detail is : +65 [protected].

Hi, if you are doubtful if the company really exist in philippines, you may visit www.dti.gov.ph or www.sec.gov.ph... all companies are registered in these websites. please be careful.

Hi ts victim,

All i can say dat Allianz Capital wont be refunding you the $10k that you had paid to them. Pity for you u, unless u cancel the contract within the cooling off period then its fine but i guess the company is paying the so called bogus termination fee of $2000 is actually from your $10k that you paid to them initially. The bal $8k are for these scam ### of the company to spent on themselves especially the Boss(s). Go ahead with the cancellation in sct n Case...total scam company. Beware!

HI TS victim,

Allianz Capital are putting fear in u...they r scamming ts victims from day 1...do not bother them and if u have had paid them certain amt of monies, then too bad hope you can get refunded but i doubt so...so just go ahead with Case n SCT before the company closes down...Allianz Capital total scam...report to CAD asap if not more ppl will b scammed by them...

Get Rid of Swindlers,
Did you go to the police? If yes, what was the outcome. I have also engaged Allianz Capital to sell my timeshare. I was asked to pay $10K (monthly installment). The lawyer sent a termination letter to ERI (timeshare company), which ERI replied that I need to pay $2000 termination fee. I disagreed and decide to stop the contract with Allianz Capital. The company agreed to pay me back my $10K but I need to pay the lawyer fee. I disgreed and when to CASE and even the Small Claims Tribunal. At SCT, the rep from Allianz Capital said they willing to pay the $2000 termination fee on my behalf in I proceed with my timeshare termination process. Any advise whether i should proceed?

I have engaged Allianz Capital to refund my timeshare amount. However, this is another scam. They will ask you for more $$$ (over 10K SGD) during the claim process.
During the start of the claim, Allianz Capital engaged a lawyer to help us terminate our membership. They further congratulate us on the successful termination. However, five months down the road, my timeshare company wrote to us and demand for late payment. When we wrote back to the lawyer, there is no reponse.
Allianz Capital further claim that my fund is with Hutchison and Co. When I call up Hutchison company, they reckon that this is a scam.
If you have engaged them and feel that this is a scam, please report to police to build a stronger case for the police to capture these swindlers and prevent more Singaporeans falling into the trap.
I wonder why people whose $ has been cheated did not report to police?

To all victims of Timeshares;

Allianz Capital Holdings had changed their location from Parklane selegie rd to Shenton Hse at Shenton Way due to security n safe reasons frm detected by d authorities. Pls bs aware when dealing with the company and d rest of co.s ive posted before. Do not easily part ur hard earned monies to these con artists and scammers. These co.s will b raided soon by e authorities just like all d rest of resale timeshares in spore.

Total SCAM!

Another scam resale timeshare company beware...in Fook Hai building...co called Philip n Chang pte ltd...do nt deal with d company...if anyone had paid them certain upfront fees, pls do cancel within e cooling period...n report Case asap...CAD will raid these companies soon; take note

1. Philip n chang pte ltd
2. Allianz Capital Holdings
3. JCG Credit Hse
4. Khoo n Krishnan Associates pte ltd
5. Goodwill Etiikon ltd
6. IRN/ATC
7. Bric Solutions Pte Ltd
8. Fine Harvest Ltd (link with Khoo n Krishnan Ltd)
Do not deal with these abovementioned companies

Hi anyone been to Fook Hai Building 5 floor regarding "Royalez Privileges"?

I just recieved a call from company called AX and address is 175 Bencoolean street burlington square 01-20.. they say they can buy my membership.. do some one know about this as well?

hi I am also received a call from Alliance capital as I am one of your member (victim) Last week. They are telling this shares will be selling to unprivileged people like singles, handicapped with less prices. whatever the amount they are selling will be paid to us and 10% will be taken by them as a service charge. I am happy to use for some one who are really unprivileged but how far its true is not clear. Looks we it used receive a call from some one once in 6 months with different companies
Actually what I want to know is that is there a real "Royalez Previliges" company exists?. If it is in Philippine, any of the Philippines friends can help us to find out. If so we can approach directly not with this middle men.

Hi, i just got a call from a guy call Mohan numerous time n already make an app to go down to selegie tmr. The company name is call Alliance Capital Holdings. They told me that no money is involved but need my signature n will take a 10% commission on the amt that that they can help me claim. From the above comments i can conclude that it is another con activities. Lucky that i read this forum or else time wastage again. Really dunno how to stop this similar scam from spreading. Sad

Hi, does anyone knows of a law firm which we can approach with regards to this timeshare termination?

I'm another victim of glitterati... I was approached by Allianz Capital Holdings too... I think another scam... Can anyone help us? Is there a way we can get back our money?... Its a hard earned money.

Yup me too! But allianz' told me dat they wnt to buyback my membership... Hahaha! But i told the guy if u can getback the 70% i give to for free then he say ok! Fools scammer!

Hi, was anyone approached by Allianz Capital Holdings. With regards to the Glitterati case? They informed that they could assist and even arrange an appointment for us to meet a lawyer. Any feedback on this ?

JUst ignore them and say that you are reportin g their company to Commercial Crime.
A whole lot of comn artists that are allowed to do business in Singapore.

This my 2nd time to receive a call say that my membership for GME Royalez Privileges going expire can anyone of you advise me what to do with it.

Ok thks! And after reading the documents i have from gmc, i find out dat it stated dat i cn terminate the membership after 2 years, if i'm not please wif their membership! Haha and i cn actually sell them back, the membership to them and they have to pay me 70% of the membership amount! And everything must go thru gmc! So nw no other company cn take over my case! But i still wnt to play the game they played! I'll make sure they got punk dis time! The lady from herald told me dat the royalez privil...company is at phuket but its at philippine! So nw its my turn to create some stories to them. U're right, they won't say which goverment sect dat ask them to do dis case! Unfortunately, they r all malays working for them to con us, s'poreans! Very sad. ! I'm a malay too...sigh...a word for them! "###sssss"

This is ust another con. This company tole me that they are a government assisted company, when I asked whickh Government Dept. they would not answer. They were all Malays just like GMC. Warn others not to go to them and if they keep calling report to Commercial Crime.

About GMC! I was offered by this new company named herold int' to pay $2500 as to terminate the agreement or pay $5000 to terminate and also get a compensation of $8500, but i have to give them 10% of wat i get. I juz tink its ridiculous, i juz pay $100 and aft dat totally forget abt the GMC or royalez privilege, and nw they wnt me to pay $5000 and get $3500 more profit! Can anyone help, pls! Thks!

Hey there, did u receive any letter after meeting Herald?

Glitterati Scam latest Nov 2011.
Got a call from this lady from Herald International based in Peoples Park #07-03 . She said that Herald was a "government assisted" company appointed to help settle cases involved in the time-share scam. She said they were handing out terminating documents to clients and no money was involved. She fixed an appointment for me to meet up with them. On Tues 15 i went to their office.
A Malay lady Farin who presented herself as a " legal assistant" greeted me. She said that she would be up front and lay all the cards on the table. Well and good. I gave her photocopied copies of Glitterati documents and gave her a brief overview of what i had done so far and also told here that I had my own lawyer. She asked why if I had my own lawyer did i come to Herald. It's simple. I was told that Herald was a government assisted company and they were handing out terminating letters.No money was involved .
My lawyer advised me to find out more without signing anything or making any commitments.
She asked for my IC but I said I wanted to know which government agency Herlad was connected too. She took my documents and said she had to consult her manager. Then after a few minutes another Malay lady came in with my documents. Can't remember her name and the whole process started again. This woman seemed to think that we the consumers owed something to the developers of the con job. We were at fault and Herald was doing us a "big favour"
I asked again which government dept was Herald connected with. She would not answer. I asked was there money that they wanted from me. She said that the money need to be paid to the developer and not Herald. I asked where was the developer based. In the Philippines ? She said yes and also in Singapore. I asked who were they. No answer. By the is time I knew that this was another con job this time using the association with ta government agency. I said no pont in talking any more tokk my documents and left. If you get a call from this company, don't waste your time.
Just an observation . I am not a racist . I am Indian myself. In Glitterati. all the people I saw there and there about 10, were all Malays. The 2 ladies in Herald were Malays too.

Sorry Brenda I did not post "get off this thread" someone must have done this. You may want to note that these con men also follow this thread and maybe up to monkey business. Anyone has the right to comment as you have said. Its seems so easy in Singapore to run scams. The steal money then run away and then register under a another company and get scot free. CASE, Commercial Crime, the Press all can't seem rto do anything. This travel scams have been around for so long, recently we had the education con, then Spa, what next..WE are known as fine city now they should add another fact scam city.

Try call the press and shaming the guys.

hi,
we are also trapped by this company.It was a big amount .Cant this scam been investigated by police.Is there any chance to get back money

I got another call from the same fellow, Brendan, again last week. I just told him that I'm busy till late night and he just hung up without saying anything. I also tried google Titan Assets Management but nothing related to the company. Did anyone receive any lawyer letter from Royalez Privilege so far?

I got another call from the same fellow, Brenden, again last week. I just told him that I'm busy and he just hung up. Did anyone receive any lawyer letter so far from Royalez Privilege so far?

Hey get off this page.

Can some set up a meet so we plot our next line of action.

The main company is in the Philippines so that's why you cannot find them. Ther is little or no chance to get our money back . We can only stop these con artiste from fooling others. CASE isd quite toothless and the police can't do very much it seems so these guys are having a field day.

We should but how many victims are there looking at this webpage? How many victims are there altogether? I tried to google for Royalez Privilege, can't even find the official website.