Dodgy Dealings at Diamond

February 7th, 2018

  Another damning tale of dodgy dealings, lies and mis-selling from an angry Diamond Timeshare owner. The couple has been members of Diamond Resorts for a number of years with roughly 2225 points per year. In January 2017 the couple was invited to Florida for a free stay and a meeting. In the meeting, the […]

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Diamond Resorts lays off 1000 staff throughout Europe

November 6th, 2017

The news at Diamond Resorts has been relatively quiet since Apollo Global took over the helm.  Business has been ticking along as usual until Friday past when all sales and concierge staff arrived at work for their usual Friday routine, all were summoned to meetings at various locations around Europe.  The meetings were all the […]

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‘Points’ in Timeshare

March 1st, 2017

The timeshare point system is under some scrutiny at the moment.  The ‘points’ system in timeshare basically means that you become a member of an exclusive ‘club’. This can be a fractional ownership club or a standard ‘points club’, however they are engineered by Trust Companies and are created for timeshare developers and not the […]

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Diamond Resorts are Ordered to pay $800,000 in Way of Compensation

January 13th, 2017

Diamond Resorts; a member of the TATOC association, and The State of Arizona have entered into a settlement agreement with Diamond Resorts Corporation, which is a timeshare sales company with resorts located worldwide including the United States. The declaration of discontinuance entails Diamond to recompense the State a total of $800,000, of which $650,000 will be used […]

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Compensation Claims on the rise.

December 8th, 2016

Yet again the Supreme Courts across Spain are successfully pursuing timeshare resorts for mis-selling timeshare products.   We at TCA are happy to announce that such claims are being successfully executed. The courts are forcing these resorts to pay substantial damages to timeshare consumers, leaving resorts such as, MacDonald’s Resorts, Club La Costa, Diamond Resorts, Anfi […]

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The Tangled Web of TATOC

November 23rd, 2016

The ongoing saga of exactly how legitimate the advice is you gain as a consumer from TATOC and the TATOC helpline continues. Now with the TATOC helpline’s website disappearing from the internet in the aftermath of TATOC’s “cold callers” list being under investigation and scrutiny again. We here at the TCA would be very interested to […]

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Barclaycard & Clydesdale in Hot Water

October 28th, 2016

When approached to attend a timeshare presentation, please be wary of underhand sales tactics – namely their financing options. It is no secret that if you succumb to the dreaded presentation and you become blinded by the allure of a beautiful resort, in a gorgeous country, or just the pure greed of the return you […]

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TATOC under the Spotlight

October 19th, 2016

  Mark Caldicott, the general manager at TATOC (Timeshare Association for Timeshare owners and Committees) applied for Charity status for TATOC Helpline in March 2014, which was denied due to the closeness of TATOC and the ‘Helpline’.  At the time TATOC was run by Harry Taylor, the director of Diamond Resorts (one of the largest […]

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Diamond postpones its Second Quarter Results

August 8th, 2016

Many shareholders have been waiting attentively for the financial results of Diamond Resorts International following the second quarter of the year, however their wait continues.  Diamond has ensured that they will be filed before the Securities & Exchange Commissions deadline of tomorrow, 9th August 2016.  The delay has been caused due to the discovery of […]

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Apollo Global to Acquire Diamond Resorts

July 1st, 2016

Private equity firm Apollo Global Management are all set for the acquisition of Diamond Resorts for a sum of $2.2 billion, which works out around $30.25 per share.  There has been industry news regarding Diamond since back in February when they announced that they were looking into strategic business changes.  At this point when announced, […]

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