The resurgence of the timeshare scam

Updated
Life saver
Life saver

Younger readers may not remember timeshare schemes. They were the great idea (in theory) of dividing ownership of a holiday flat among many people to keep costs down. But in practice many failed due to ultra high expenses, inflated prices and the involvement of organised crime.

But timeshares are making a comeback – my inbox is now full of offers for "bargain" timeshares and "holidays below market value". And like any other emails from people I have never heard of, they have to be treated very carefully indeed.
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