MGM Universal Time Shares
Complaint 4376 Details

I listed my Kauau time share with Universal Time Shares Associates in June 2010. I have been getting calls about every month updating me on what they are doing to market my property. On July 7, Richard Taylor, a so-called sales associate from MGM Universal Time Shares called me to tell me he had found a buyer. He had all the information I had given to UTS last year, including the account number. Taylor said the buyers had their financing approved, and that all I needed to do was agree to pay one-half of the closing costs. He asked my to wire the money to Sugeylis Arbaez in Lawrence, MA. I stupidly did that. Mr. Taylor called back later that day to report that my funds were received and that my check for the sale of the property and a document I was to sign and return would be delivered by Fed Ex yesterday, July 12. No one from Fed Ex ever came. I called Mr. Taylor back and he said there was a mix-up with the delivery, and that we should reschedule it. I asked him to verify the company he worked for. He said MGM Universal Time Shares. When I asked him the name of his supervisor, he got suspicious and said he had to go to a meeting and that he would call back. Never happened.
Today I reported this information to the FBI. Although I hold no hope of getting my money back, I trust this information may be useful to others.