A man has been arrested following a police investigation into alleged resale fraud.
This investigation followed a complaint to police about Golden Sands Marketing which was offering to organise timeshare resales for a £1,000 advance fee. It is reported that the cheques made out by members of the public were sent to a Banbury address, where they were then sent on to Spain. It should be noted that there is no connection between this company and RDO member Golden Sands, Malta.
Members of the public should never respond to cold calls from individuals or companies who claim they have found a buyer for their timeshare as this is probably a fraud. Likewise, they should not agree to pay an upfront ‘administrative’ fee as it is unlikely this will be refunded if the sale falls through.