Village News - Also serving the communities of De Luz, Rainbow, Camp Pendleton, Pala and Pauma

Timeshare company to pay up to $5.4 million for false statement to customers

 

Last updated 6/3/2020 at 12:48pm



SAN DIEGO (CNS) - A local timeshare company has agreed to pay up to $5.4 million to settle a consumer protection lawsuit alleging false promises were made to customers during sales presentations, the San Diego County District Attorney's Office reported today.

Welk Resorts will pay $2 million in penalties and up to $3.4 million in restitution to timeshare purchasers who were told various things during presentations held between Jan. 1, 2011 and March 31, 2016, according to prosecutors, including that customers were buying real estate, that the value of their investment would increase and...



For access to this article please sign in or subscribe.



 

Reader Comments
(0)

 
 

Our Family of Publications Includes:

Powered by ROAR Online Publication Software from Lions Light Corporation
© Copyright 2020