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Velas Vallarta Suite Resort (aka Promotora Turistica Las Velas) ) Velas Vallarta is now a timeshare property. BEWARE---it runs a timeshare scam right off the hotel lobby. Marina Vallarta, Puerto Vallarta Jalisco, Mexico
We were scammed into purchasing a fractional timeshare with Velas Vallarta, Puerto Vallarta, Mexico, February 27, 2009. We are senior citizens and after 6 hours of a 90-minute presentation we were exhausted and not focusing on details. Having owned another timeshare in Mexico for many years--with no trouble of any kind--we were unsuspecting dupes.
The day after signing we began to question some of the selling points that had influenced us to sign. It soon became apparent that their sales pitch was a pack of lies and misrepresentations.
The "offer" they made on our other timeshare weeks as trade-in to help pay upfront costs was just a trick. It turned out to be an open listing with a broker, not a real offer. Their rental scheme is nothing but another pie-in-the-sky ruse. Just ask current owners who are still waiting for their promised rentals. Their "trade weeks for cruises, pay only port taxes" is another bold-faced lie. It is only a part-payment trade-in of highly questionable benefit. But the worst deception of all was that we were told at the sales presentation that we had to sign a waiver of our right to our 5-day right of recision because we were purchasing a "resale". We later found out the waiver was illegal and a clear violation of our contract, which states that such amendments or supplements must be approved by PROFECO (Mexican consumer affairs). WE WERE TRICKED INTO BELIEVING THAT WE COULD NOT BACK OUT OF THE DEAL--THAT WE HAD NO RECOURSE. Clearly we were victims of fraud.
Unfortunately, we did not learn until we returned home and accessed PROFECO that in Mexico a 5-day right to rescind is given to all purchasers and CANNOT BE WAIVED. We also found that the waiver of our right of recision that we signed was missing from our documentation package--not surprising since it was in violation of Mexican Law!
We placed our VISA payment to Velas Vallarta in dispute--our 30-year record with VISA vouches for OUR honesty. We then sent a registered letter to Velas Vallarta rescinding our contract and demanding return of our funds.
We feel that it is our duty now to get the word out about the fraudulent practices of this company any way that we can. We have sent a formal complaint to PROFECO describing all of the details and asking their help. We have requested assistance from the U. S. Citizens Consular Services and are emailing a copy of our complaint to the U. S. Consular Agent Vallarta.
As a next step we feel an obligation to warn other travelers like ourselves and would like to join with anyone else interested in making the travel industry aware of the fraudulent practices of this company.
Daniel
Des Moines, Washington
U.S.A.
2 Updates & Rebuttals
Mark Miles
New York,New York,
USA
Reply
#3Consumer Comment
Tue, April 26, 2016
It is always best to hire someone skilled to do so, unfortunately in most cases these companies dedicated to cancel timeshares usually cheat for the second time to their customers since they are vulnerable and desperate. If you are thinking of hiring them you just have to make sure you do not have to make any payment upfront ... I found these articles that speak precisely about this, you should read them, that might help you to resolve many doubts:
http://www.timesharescam.com/blog/46-timeshare-cancellation-or-donation-should-not-cost-you-anything-upfront/
http://www.timesharescam.com/blog/158-how-to-cancel-a-timeshare/
Daniel
Des Moines,Washington,
U.S.A.
* UPDATE THIS COMPLAINT AGAINST VELAS VALLARTA RESORT HAS BEEN RESOLVED ! ! !
#3Author of original report
Sat, May 02, 2009
After receiving our registered letter rescinding our contract, the corporate office of Velas Vallarta Resort called us to discuss our complaints. Their courteous attitude went a long way toward defusing our anger. They were sincerely concerned about satisfying our complaints and over the course of several phone discussions we worked out an amicable settlement. We are pleased to say that we are happy with the outcome.