Title Companies
Welman Closing GroupFind BBB Accredited Businesses in Title Companies.
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Alert Details
This business has 1 alert.
Alert
On
March 20, 2018, BBB received a complaint from a consumer alleging they were
contacted by International Acquisition Strategies with an offer to purchase
their timeshare. They told the consumer they had guaranteed buyers and
big corporations were interested in buying up blocks of timeshares at high
resale prices which would be tax write offs for them. The consumer
received a contract from the company and was told Welman Closing Group of
Portland, Oregon would be handling the closing of the sale. The consumer
was then directed to wire payment to a bank in Mexico allegedly used by his
timeshare to pay for a “timeshare transfer fee.” Once the consumer
transferred the money, he never heard from them again.
BBB
found Welman Closing Group is not registered as a business in the state of
Oregon. Furthermore, the company is not licensed in the State of Oregon
to conduct title or escrow transactions nationally or internationally.
The address advertised is not recognized by the United States Postal Service.
The website has several typographical errors, including the company’s own
name. The website was created on December 15, 2017 and recently updated
on February 14, 2018. The domain name ownership is privacy
protected. BBB attempted to call the business at both phone numbers
advertised on the company’s website for more information but was unable to
leave a message as their mailbox was full.
Click
here to visit BBB’s Business Profile for International Acquisition Strategies, https://www.bbb.org/csal/business-reviews/timeshare-companies/international-acquisition-strategies-in-birmingham-al-90172742.
If
you are a victim of a timeshare resale scam, BBB encourages you to file a
complaint with Federal Trade Commission at www.ftc.gov as well as your state’s Attorney General’s office.
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