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The trial for the two men accused of running a timeshare transfer scam has been deferred until 16th July 2018.

Timothy Hatcher, 51, and Kristopher Chavez, 35, were both scheduled for a combined trial starting 2nd March 2018, to be held at the Boulder District Court, however, the trial has now been postponed until 16th July 2018, at the request of the defence attorney, Boulder District Attorney’s Office spokeswoman Catherine Olguin said.

Hatcher, Chavez and “other unknown persons” operated a timeshare fraud scheme from 2014 through September 2016.

Hatcher and Chavez, who are both currently free on bail, both are accused on two counts of violating the Colorado Organised Crime Control Act and an abundant of other counts of theft and criminal impersonation.

Chavez

Kristopher Chavez

Investigating officers said that Hatcher would contact timeshare owners across the United States of which most of them were elderly and invite them to a timeshare presentation at a local hotel, where he would swoop in with his sales pitch offering owners the chance to exit their timeshare with the infamous ‘one-off fee’ script. If they transferred the fees, he would transfer the timeshare. The presentations were lengthy and grueling.

Hatcher proclaimed to be the company accountant for a company refereed too as Immediate Acquisitions/Timeshare Transfers or Properties Exchange, claiming their headquarters were based in Boulder.

Hatcher

Timothy Hatcher

Upon making the transfer, the unsuspecting consumers were then passed to Chavez, who worked under the name of Chris Culhane, Culhane was to transfer the title deed out of their name as well as sign paperwork appointing a third party as the “attorney-in-fact” for the transfer.

Later it became apparent that no transfer had been legally made as promised, and that the timeshare owners were still, in fact, liable for the maintenance fees and the homeowners association costs. Due to the transfers never been completed correctly many of these owners never received the notifications that they owed payments. On top of the money, they had already been scammed of they now had pending maintenance fees to pay as well.

We at TCA will follow the trail and report in back July.

 

For more information regarding this article or assistance in any other timeshare related issues please contact the TCA on 01908 881058 or email: info@TimeshareConsumerAssociation.org.uk