Plaza Holiday Club Acapulco Playa Suites 28 years ago I purchased a Certificate of Purchase agreement that agreed to refund the full amount after 28 years. I contacted the service manager Angelica Ponce and she hung up the phone on me. San Antonio Texas
28 years ago I purchased a Certificate of Purchase agreement that agreed to refund the full amount after 28 years. I contacted the service manager Angelica Ponce and she hung up the phone on me. They will not answer the phone or return any emails ssent. I alo ent a certified letter with no response. I asked in all correspondences that if she couldn't help, refer me to someone else. She told me to check the phone book
2 Updates & Rebuttals
Harvey
Great Neck,New York,
USA
Ripped Off Also
#3Consumer Comment
Thu, March 24, 2016
I have a large file with documents, coupons and certficates, all promissing to refund my purchase price in 28 years (2016). For the last several years I have been trying without luck to get information from Prisma and every lawyer, plan adminstrator, trustee and actuary whose name at any time was associated with Plaza Holday Club without success, having been ignored by all. This was a total scam and everyone who was ever involved in the US is apparently running for cover. I now seriously doubt that anyone ever actually purchased the so called annuity that was supposed to refund our purchase price. Thankfully I stopped paying maintenance fees years ago when the Club was eventually evicted from the Playa Suites, so I didn't lose too much having actually used the unit for some 13 years.
margaretsims90
Alabama,USA
Timeshare Scam
#3Consumer Comment
Thu, October 29, 2015
The best advice is NEVER buying a timeshare anywhere. It is a scam and the so-called timeshare you buy is sold over and over again to other people. It is very difficult to sell your timeshare now and renting isn't in the deal. It will cost you more to buy a timeshare and maintenance fee than to rent a hotel room or a full ownership of a condo. Don't do it. There is good information about timeshare scams: http://www.timesharescam.com/blog/68-timeshare-scams-mexico-vs-us-why-are-there-more-situations-of-fraud-in-mexico/