Velas Vallarta, Puerto Vallarta, Timeshare Scam. The scam starts the moment you walk through the door. The sales person will introduce them self to you and their name may be the last truthful thing you will hear from them. Our sales person was Michel De Lisi from Quebec (supposedly). Our scamming is near identical to everyone else’s postings so there isn’t a great need to go into all the sordid details. Given the similarity of the scammings by so many different sales people it serves as a testimony to the pervasiveness of this fraud throughout this company.

The 90 minute Timeshare Presentation we agreed to was a scam from the get-go and it lasted several hours. As a Canadian you expect and account for sales people exaggerating claims of their product. The Velas Vallarta sales staff do not exaggerate, they look you in the eyes and out and out lie to you. It is fraud by all definitions.

If even half of the things they tell you were true it would be a reasonable deal. This is the premise under which we bought, factoring in sales embellishments of 50%. Unfortunately for us the embellishments we had factored for were fraudulent lies.

It’s a great investment that will appreciate over time. LIE / Fraud. You can easily rent your weeks for more than your purchase price. LIE / Fraud. Your purchase comes with an Annuity that will return your entire Timeshare investment in 25 years. LIE / Fraud.

Velas Vallarta Corporate Representative Johnny Noe it seems has recently been replaced by Contract Manager Monica Dellegrave. Don’t think for one moment that this will change the sales practices of this company. From a deceitful corporation point of view why change? The scam collects millions with minimal risk of paybacks.

My wife and I have come to the resolution that our “investment” is gone forever. We would have done better if we had invested in Enron. What we wish is to get this message out as far and wide as possible so that no one else suffers the same fate as us.

DO NOT attend a Velas Vallarta Timeshare Sales scam unless you get great entertainment from hearing enormous lies. But most important is DO NOT PURCHASE a Velas Vallarta Timeshare. If you feel for any reason that you must have ownership in a Timeshare do yourself a favour and purchase it from the secondary Resale/Rental Market at a fraction of the original sale price. Better yet, rent the week you want from the secondary market for less than the yearly maintenance fee.

Spread the word to everyone you care about.

The 90 minute presentation we attended turned out to be between five to six hours. Once we got down to signing the contract we were rushed through to "get us back on vacation." We were told the timeshare we were buying was previously owned and therefore we wouldn't have the right to rescind. Violation of Mexican law.

The sale of our existing timeshare was a condition of purchase at Velas Vallarta. The salesperson misled us about the guarantee to sell our existing timeshare for $60,850. We didn't get the guarantee until we were leaving after signing the contract. The guarantee was for no more than to list the property for sale for $60,850.

We talked about the RCI bonus weeks we were getting. We talked about the cost of $169 or $189 a week. Nothing was said about having to pay maintenance fees first.

We were told we were getting a $80,000 annuity. We then found later it was an "anticipated" annuity.