Watch CBS News

Colorado Timeshare Scam Victim Loses More Than $50,000

(CBS4) - The Arapahoe County Sheriff's Office has a warning about a scam targeting timeshare owners. A victim from Centennial received a phone call and wound up losing more than $50,000.

A caller offered to purchase a timeshare owned by the victim at Pueblo Bonito Resorts in Mexico. Official documents were also sent to the victim.

Over the span of several months, the victim was told to send money for fees and taxes.

The sheriff's office says the bottom line is -- for owners of Mexican timeshares -- there are no buyers. If you get a call from someone wanting to buy your timeshare, you should hang up.

CONSUMER ALERT WARNING: BEWARE OF TIMESHARE SCAM Arapahoe County Sheriff Investigators are warning of a scheme...

Posted by Arapahoe County Sheriff's Office on Thursday, April 7, 2022
View CBS News In
CBS News App Open
Chrome Safari Continue
Be the first to know
Get browser notifications for breaking news, live events, and exclusive reporting.