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Wyndham Vacation Wyndham, Wyndham Worldwide, Stephen P. Holmes, Myra J. Biblowit, James E. Buckman, George Herrera, Brian Mulroney, Pauline D.E. Richards, Michael H. Wargotz, Franz Hanning, Ryan Morettini Wyndham Commits Securities Fraud Parsippany New Jersey
Wyndham's officers and directors have been making hundreds of millions of dollars from their stock options and excessive salaries while fleecing our country's elderly with worthless timeshares. Each of Wyndham's directors is absolutely aware of what Wyndham does in fraudulently selling Wyndham timeshare points to senior citizens.
They are part of a scheme that preys on our parents and grand parents to spend their savings on timeshare upgrades, while the Board members are issued more stock options. Each and every Board member of Wyndham (Stephen P. Holmes, Myra J. Biblowit, James E. Buckman, George Herrera, Brian Mulroney, Pauline D.E. Richards, Michael H. Wargotz, Franz Hanning, Ryan Morettini) should be held civilly and criminally liable for their corporate greed.
Wyndham is currently under investigation by the SEC for stock manipulation and securities fraud. Everyone should let their state attorneys general and elected officials know you want an immediate investigation into these people. The sick irony is that Wyndham's corporate predecessor, Cendant, has numerous officers and directs sitting in prison today because of their greed! Its time for these Wyndham officials to join them in jail!
1 Updates & Rebuttals
Concerned Consumer
Atlanta,Georgia,
Wyndham's Executives Know About and Orchestrate the Fraud! Board members should be held accountable - ThisStephen Holmes, Myra Biblowit, James Buckman, George Herrera, Brian Mulroney, Pauline Richards
#2UPDATE EX-employee responds
Fri, December 12, 2014
Over half of Wyndham's revenue is from their dirty timeshare division, and over 70% of those sales are upgrades to existing owners. Wyndham abuses its own members through manipulation and coercion to buy more and more points, by falsifying credit applications, by intimidating the elderly, by threatening members with credit and financial destruction, and by fraudulent programs such as Pathways. The Officer s and Directos know what is happening and should be held responsible. The following is a reprint from a lawsuit recently filed against Wyndham and in the public record, which sums up this company's aims and purposes (this lawsuit is also the subject of several news shows):
This Plaintiff has been the subject of several news reports:
http://www.jrn.com/newschannel5/news/newschannel-5-investigates/consumer-alert/Elderly-Claim-Timeshare-Company-Scammed-Them-282987871.html
http://www.newschannel9.com/news/top-stories/stories/timeshare-investigation-bridgeport-woman-says-company-cheated-her-13975.shtml
To the Wyndham Board of Direcctors - its up to YOU to pressure Holmes and Hanning to stop these fraudulent slaes activities and have open disclosure to your members during all of the slaes and customer service processes. If you dont, you are equally responsible!