Grupo Vidanta review: Class action lawsuit 57

I booked this trip through vacation VIP last year and I read everything and they did not mention a time share pitch we needed to attend. Everyone was so subtle about it. We were so uncomfortable. We also had a man named Luis. He kept blaming us for having plans that we needed to get to. Also there was an American woman who was so cunty she was like ok so even if its free you won't buy it. I cant believe they'd treat their guests this way or as a company let their employees treat guests this way. I was so uncomfortable and wanted to cry. These people are aggresive

Contact Lonestar Transfer, a company out of Texas. They'll free you from your contract for good. You can trust them.

Yes, I do! I have received this message into my email. I think it is from you. I started my complaints and sent it to Mexico's Attorney General. Please, let me know how can I joint this law-suit
Fri, 15 Nov 2019 13:52:02 -0500
Would you be interested in being involved in a class-action suit? I've contacted a law firm and am waiting to hear back whether they'll take the case. Just counting heads at this points to see who might join in in case they come back with a positive answer.

Can a Canadian get involved in this lawsuit ?
I've had a company calling me from New York #[protected] called Fianacial TD.
Something is fishy about them. The said they were trying to help me with the Class Action suit. I would have to use there broker to get $1850.00 . There fee would be 2.48%.
I've been ignoring them for almost a year. However they have up the ante.saying I can make 125, 000 from the suit.
Also Vidanta is going public with there shares.
I also read this group is working for Vindanta..
What's going on with this company?
As I said something is very fishy.
Please contact me at goldvoodoo888@gmail.com regarding information concerning the case and the New York company.
Thank you for a response...Linda

Hello. I just read your comment and this is EXACTLY what I am experiencing at the moment. They changed their operating name but the MO is the same. What was your outcome. They have not asked for any personal info or front money and cannot quite understand it, but stinks scam the entire way. Appreciate any response .Thank you.

Hello At this moment I am going through the same experience as you, I think I have also been fraud, I realized today, what happened to your case?

Did you succeed in suing Vidanta? I'm very interested in doing so. PLEASE let me know the details.

Judith M. Stern

jmstern@scarletmail.rutgers.edu

I am also interested in starting a class action suit against these [censored]. How can we do it. So many many people in the U.S. have been scammed by them. Please let me know.

Would love to do it. How cam we?

I want in as well on the lawsuit.

Very much into it!

They ruined our honeymoon!

I do, please, include me. I have already sent my complaint to Mexico' s Attorney General

I'm in for the lawsuit

Speaks volumes about the people working for Vidanta and the company as a whole. She probably only got promoted to that position because she has a pretty face and a nice body. Even when the company finds out she sleeps around with the guests nothing gets done... what a joke.

If Maybelline Hernandez is the one trying to sell you something then you are in for a treat!

I would like to retract these statements, as they reflect inaccurate information and have no relation to this company.

I believe its a scam. I too was contacted and went through the process until I received the documents to see how they were trying to embezzle money. We are reporting them to the SEC.

Any results from the SEC inquiry? If no one is ever responded to, then we should presume their scams continue and SEC can and is doing nothing about it?
Perhaps someone who knows an appropriate attorney can help us all work together to get either a Mexican court or the SEC to solve the dilemma!

i have recieved the same call and message anyone else shed any light on whether this legitimate or not ?

I too was contacted by DeSarollo Marina Vallarta [protected] going by the name of Richard Clark about 70 share minimum @ $1850/share about calling [protected] to get a book entry # and it sounds good but it is well thought out fn... SCAM. I called Mayan Reservations Accounting department and the guy there stated it was a scam. I have had numerous people call posing as brokers in various ways to sell my interest in the Grand Mayan and they all have been scams and with a contract and $$ up front. These are the type of criminals that are out there today and have been praying on the timeshare buyers for a long time. As for one that has bought into a timeshare once, that poor investments (LOL) or money dump was a impulse mistake that will not be replicated by these scammers.

Just today I am realizing that maybe I was defrauded, still yesterday they called me to ask me for more money for a payment,

I did a couple of quick checks, quickest and easiest just do a search using the phone number. Tells quite a bit of info. I have reported them personally to the Federal Trade Commission, to the real Desarroyo group and my call was supposedly from Forex Trading (a legitimate company) I reported it to them with names and phone numbers. Definitely a scam! I was also not very nice when they called me back this morning! LOL

Same here! Any information?

Have you any updated info yet?
If the 2008 Class Action suit was resolved, has anyone received any official paperwork from any official legal representation? We should be able to receive something more official than an unproven phone call out of the blue.

call Vidanta. Its a SCAM!

You are right, this is a scam. The class action lawsuit was rejected by the California Court in December 2008, but they only reference the complaint. Look at Monugian v Desarrollo No. CV081497GAFAJWX, 2008 WL [protected] Central District Cal. Dec. 15, 2008.)The same scam is now being done under the name Financial Acquisition Advisors, with Bankcorp as the alleged trading account where you put your money, and they take out their commission.

Hola maira I am same like you, I think so, I lost my money

It appears that I was recently caught up in the same scam, except different people and company names. This elaborate scam continues...

On 10 Sept. 2021 I was contacted by a Mr. Ross Basri of The Stock Broker LTD, Corp in New Jersey notifying me of “shares” that I was entitled to from my timeshare at the Grand Luxxe, Grupo Vidanta, or Royal Marina Vallarta. He instructed me to contact the finance department at Vidanta (which I later learned does not exist) to obtain a Book Entry # for my shares. After attempting to upsell me on other freebees they gave me my book entry number. I provided this to Mr. Basri who told me I had 89 shares valued at $1850 each totaling $164, 650 USD. He instructed me to contact my bank so he could trade these shares and send the money to that account. On his recommendation I contacted The Clearing House, Inc. 1 East 42nd Street in NYC, and spoke with Alex F. David with whom I have had numerous daily discussions. Alex stated he is the underwriter for Vidanta’s IPO (which appears to be non-existent), he instructed me to open an account with him by wire transferring 5% of this amount, $8, 300, on 16 Sept. to activate the account with CitiBank with the beneficiary Vector Casa de Bolsa SA, located at 111 Wall St. NYC 10005, with reference “Sistemas Y Control EMSY, SA DE CV [protected]”. Basri was informed and transferred the $164, 650 into this account. Further, Basri informed me that an additional 116 shares previously blocked by Vidanta had been released. Mr. David instructed me to wire an additional $10, 300 on 20 Sept. to activate this additional amount to the same aforementioned account. A total of $18, 600 had been very reluctantly wired from my Wells Fargo account. Now 205 shares were deposited totaling $379, 250, plus my activation amounts which totaled $397, 850. When attempting to withdraw this amount on 22 Sept. I was told by both Basri and David that Vidanta on 20 Sept. was holding the transfer up due to delinquent “Assessment fees” amounting to 13 years at $850 totaling $20, 050 which was required to be wired with Mr. David. I reviewed my Vidanta contract and spoke with the real Vidanta HQ accounting who stated that I was correct that there is now and never was any assessment fees and that this was a scam. I googled Mr. Alex Francis David, registered with Morgan Stanley and called him at his office in NYC. This was not the Alex Francis David at The Clearing House who previously rendered to me his CRD#5829569, which is the real Mr. David’s #. It appears that Mr. David at The Clearing House is impersonating the real registered broker with that name. Mr. David said he would cancel my agreement today while I was investigating the bogus assessment fees. He had told me numerous times previously that my $18, 600 activation fees were totally returnable if the transaction did not complete as these funds, “were my money”, but when asking for the return of my $18, 600 activation fees, he stating he would not return them, that they were in Mexico and hung up on me. I notified my bank which has initiated a recall of these funds but advised me that if Vector Casa de Bolsa refuses I will have little recourse. Please let me know if you have any advice to return my badly needed money.

Thanks for sharing your information. It is exactly the same garbage I fell prey to in September and October. The lawsuit mentioned above this string of emails has nothing to do with our issue. It only addresses unhappy timeshare holders with Vidanta. We need to know what to do about these thieves who are not related to the time share but the so called shares that are being fraudulently pedaled to us. Their network is quite wis is quite wide and extremely well organized organized. I am wondering if there is a pending lawsuit that we can join to fight against ate against these miscreants. Let me know if you've learned anything and I will do the same.

Looks like this scam is still going, just got the same call and of course they say they sent documents months ago and now the shares are gone.

On June 8, 2023, I received an unsolicited call from Elizabeth Palermo, who said she was a senior broker at Broker Union, LLC, in Rochester, NY., about Vidanta Vacation group going public on June 12th. She said I should have received documentation in the mail from Vidanta for many years informing me of the share purchase program as a private stock deal worth about $324,000 to me.

It seemed like a scam from the beginning. She as very aggressive on the phone saying that I had shares from Vidanta that needed to be handled before the company went public. She gave me the phone number that she said was Vidanta Finance Department. Hector Lopez, allegedly in the Finance Department, gave me an "Electronic Access Key" which provided the number of shares I was entitled to receive, so I would be guaranteed to get what Vidanta legally owed me. He expressed a dire sense of urgency because the deadline is three business days away and I may be too late to apply for stock sales. He also said that about half the shares were "in transition" and I had lost them, but that the roughly half were active and I could sell those.

I called the main number at Vidanta and they told me this was a scam--no stock sale was in play.

I then received a follow-up call from Palermo's associate who was even more aggressive.

I told him I had just called Vidanta and they said there is no stock deal at all. I asked for documentation and he said that Vidanta is responsible for supplying that--not him. He also said that they would not be getting a commission for my deal--they were just trying to help me get my stock sale payments. He told me he was trying to get me the money that was due to me from Vidanta. At that point I told him I needed to leave for a meeting (which was true). He subsequently called twice more that day and I did not pick up.

I did a Google search to find out if Vidanta going public was legitimate and came across a number of identical scams with the same story.

BEWARE- these people are very dishonest and aggressive. DO NOT give them private info or money.

she is a scam, believe me insider info from palermo