Have been approached by AmeriCorp Financial Investment of Nevada about selling our time share. Are they ligitimate?
Hello and welcome,Americorp Financial Investment is likely a scam. The timeshare resale industry is loaded with fraudulent activity since timeshare prices are very depressed in this economy making them nearly impossible to sell in many instances. Most people who manage to sell theirs do so at a loss. Second, if the company requests money up front, that is a typically a sign that they are scamming you. It appears the company was just formed in April of this year so there is a greater likelihood that the site is a fraud, or at least does not have an established track record on which to base a decision to do business with them. They also have no record with the BBB. Given all this, I would not normally do business with this company.
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I have fallen for this perhaps scam and sent them money this past Saturday. Is there anything I can do now?
How did you pay them, by check?
I would contact the bank and see whether they are able to place a stop payment on the check since you have learned the company is likely engaging in a scam. This may not be possible since it is a cashier's check, but it is worth a try.Otherwise, your only course of action would normally involve filing complaints with the BBB and state consumer protection agencies, retaining an attorney to communicate a demand against the company or filing suit if the company does not fulfill its obligations to you.
More than 20 years business and legal experience.