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 How To Spot a Scam Email in 2023Ultiqa timeshare scam  On Tuesday (17 May), the Fe ASIC has warned the timeshare sector it was on notice

Customers purchase points to use to book and stay at holiday accommodation at various locations around Australia. Buy Ultiqa Lifestyle 30000 Points Annual Usage. Don’t waste your time or money on this company. Unfortunately, it is far too easy for timeshare scams to replicate a letter that appears official, or send out a phone call name-dropping a brand that you trust. 20, 2023. The best thing you can do is avoid these high-cost holiday traps and book each holiday as you need it. Ask about your ability to cancel the contract. Buy Ultiqa Lifestyle Floating Week Annual Usage Timeshare For Sale. By Mark Huffman. Rent A Timeshare; Timeshare Rentals;ULTIQA Freshwater Point Resort: Timeshare exchange stay - See 431 traveler reviews, 333 candid photos, and great deals for ULTIQA Freshwater Point Resort at Tripadvisor. If you are the demographic of tourist mid aged and a couple you miraculously win the three star prize that is three nights accomodation. 3. Sat 24 Mar 2012 18. Timeshare Resale Scam Warning; Buy Timeshare. Each timeshare comes with a select amount of annual points that you can use to customize your vacation. Get all promises in writing. Be wary of high-pressure demands and tactics, which are often indicative of scams in general. Rent A Timeshare; Timeshare. The touts and the sales staff are only interested in sucking dollars from your pocket. People on vacation at a resort often end up in a high-pressure timeshare sales presentation, being persuaded to buy a unit, then having a strong case of buyer’s remorse. Rent A Timeshare; Timeshare Rentals;Buy Ultiqa Lifestyle 20000 Points Annual Usage. Buy Timeshare; Timeshares For Sale; Timeshare Resales; Buyer FAQ; Rent Timeshare. Popular Timeshare Companies. Promotion of the Ultiqa Lifestyle Scheme ended on 28 January 2020 and the company was placed into voluntary liquidation on 30. Call 603-883-8626 or 1-800-640-6886 for assistance. Doing business under the name of 'Business Brokers International '. It gives no opportunity to make a sensible examination of the structure. Press Room Customer Service About Us Contact Us. They promise a quick sale with a high profit margin. Rooms at The Holiday Club Fiji Palms Beach Hotel provide a flat screen TV and a kitchenette, and getting online is easy, with wifi available. The location is great- across the road from the patrolled beach and ocean pool, cafes. So, today we went to presentation with this group ultiqa. These do not influence our content moderation policies in any way, though ProductReview. KPRC 2 News called every phone number, attorney. ULTIQA Fiji Palms Beach Resort: Fiji Palms timeshare - See 444 traveller reviews, 388 candid photos, and great deals for Pacific Harbour, Fiji, at Tripadvisor. Web Design and SEO by: Advanced Internet ManagementUltiqa lifestyle scratchies - beware. Timeshare Resale Scam Warning; Buy Timeshare. Press Room Customer Service About Us Contact Us. However, they ask for various fees up front before the final sale, including maintenance, escrow and taxes. Press Room Customer Service About Us Contact Us. Every year we get 50k points to use WOW sound great hey?? We loved the next line of this scam. 10/25/2023. Timeshare Resale Scam Warning; Buy Timeshare. Buy Ultiqa Lifestyle 70000 Points Annual Usage. Also, search online for the name of the reseller, plus words like “complaint” or “scam. Published 12:49 PM PST, April 27, 2023. 5. If you own a timeshare, you may get a call from someone claiming they’re authorized to sell it for you, for a fee. It may feel like a scam just like if you go to the mall and buy a pair of shoes that you later find are almost half the cost online. Yes, scammers do send fake checks in the mail. Timeshare Directory. Buy Timeshare; Timeshares For Sale; Timeshare Resales; Buyer FAQ; Rent Timeshare. Timeshare Resale Scam Warning; Buy Timeshare. Depending on how you booked your vacation, and where your points came. In my mind, the Ultiqa timeshare sales model is reprehensible. The Australian Federal Court has ordered timeshare company Ultiqa Lifestyle Promotions Ltd (in liquidation) pay a $900,000 penalty. The Fiji Palms timeshare Pacific Harbour was the nicest timeshare we have stayed at. Multi-destination. ASIC has alleged Ultiqa’s conduct amounted to a breach of its obligations as an Australian financial services licensee to act efficiently, honestly and fairly. We are a timeshare resort with 32 bungalows, all sleeping 8 people (including children and. info@ultiqa. The company guaranteed timeshare owners hefty returns if they moved quickly on the. Buy Timeshare; Timeshares For Sale; Timeshare Resales; Buyer FAQ; Rent Timeshare. Timeshare company Ultiqa Lifestyle Promotions is in the firing line for providing bad financial advice, following an investigation by ASIC. Its a 10 min walk max to the main street of Broadbeach for. 2,467,420 offers to purchase or rent a timeshare have been made in our marketplace! ULTIQA Lifestyle timeshare resales available. Do background checks on resellers. Ultiqa ceased promoting the sale of interests in the Ultiqa Lifestyle Scheme on 28 January 2020 and was placed into members’ voluntary liquidation on 30 April 2021. ATLANTA – Jess Kinmont and John P. 1-800-640-6886Intl: 813-902-9743. Another Ultiqa entity revised its disclosure and sales practices in 2016 after ASIC received complaints from some of the 12,000 members about allegedly “misleading and deceptive statements and. Timeshare Directory. 5 of 5 at Tripadvisor. 6. Carolinas and the Southeast. Timeshare Resale Scam Warning; Buy Timeshare. In 2017, timeshare operators held about 180,000 sales presentations, according to ATHOC. and local consumer protection agencies in the state where the reseller is located. Timeshare scam! Looking for a scammer in N. The deficiency is $5,000. They do this to motivate owners to get rid of their vacation ownership and sign up for their services. com. Buy Timeshare; Timeshares For Sale; Timeshare Resales; Buyer FAQ; Rent Timeshare. RCI is a huge scam. ult. Timeshare schemes may be one of the most diabolically clever scams going, one that can bring about a steady drain on your finances with no escape in sight. She knew that “one timeshare company had to lay off 20 staff in Sydney” because of the ASIC consultation, and drew on facts such as “of the over 210,000 presentations that have been attended. Lifestyle. Another Ultiqa entity revised its disclosure and sales practices in 2016 after ASIC received complaints from some of the 12,000 members about allegedly “misleading and deceptive statements and. Also, search online for the name of the reseller, plus words like “complaint” or “scam. More than 184 individuals face criminal. That means they have a legal obligation to act in the best interest of their customers. If you were a victim of this scam, report it. Whether those dreams include adventure, relaxation, shopping, fine restaurants, sightseeing, entertainment, sports activities or. jthan525@yahoo. See full list on fdlegal. Toll Free: 877-624-6889. U. Timeshare scammers often promise you they can sell your timeshare fast, and for an. Buy Timeshare; Timeshares For Sale; Timeshare Resales; Buyer FAQ; Rent Timeshare. Co-authors: Views: Avoiding Consumer Scams. Buy Timeshare; Timeshares For Sale; Timeshare Resales; Buyer FAQ; Rent Timeshare. The results revealed: 62% said friends or family members told them that timeshares are a scam. This latest exit scam has cost consumers nearly $37,000 in exit fees. You can’t own a timeshare. . . Timeshares are the biggest rip off in the world. Often times, fraudulent companies will contact timeshare owners claiming to be from a legitimate management company wanting to. · 1,160 BBB Scam Tracker reports with losses of $3. 14, 2023. Show All Images Prev Next. For Rent; For Sale; Home; Ultiqa Lifestyle ; Timeshare For Sale; AD. Press Room Customer Service About Us Contact Us. 1. The change at Wyndham Vacation Clubs South. The Scheme. Get all promises in writing. 500 company, which specializes in complete timeshare termination and timeshare debt elimination for individuals and families that have experienced fraud, misrepresentation, and/or lies during their timeshare sales presentations. Buy Timeshare; Timeshares For Sale; Timeshare Resales; Buyer FAQ;. Timeshare Resale Scam Warning; Buy Timeshare. Buy Timeshare; Timeshares For Sale; Timeshare Resales; Buyer FAQ; Rent Timeshare. Press Room Customer Service About Us Contact Us. S. February 17, 2018 at 11:21 am. Travel to any of the dozens of ULTIQA. These scams can be broken down into two main types: timeshare presentation scams and timeshare resale. 1) There have been a couple of prior reports on TUG of the “ shares in Vidanta ownership”. Next 0 The average timeshare is sold for around $24,000, but many buyers struggle to sell them, even for a low as a dollar, the BBB found. We purchased a timeshare in Las Vegas for about $19,000 in 2008. They contacted you. The PDS outlines all the costs. Buy Timeshare; Timeshares For Sale; Timeshare Resales; Buyer FAQ; Federal Court finds timeshare company Ultiqa failed consumers with multiple breaches of financial services laws ASIC 22-11 MR . com with additional details and your membership number. Timeshare Directory. Lounge by the pool and unwind at the spa, stroll along the beach, or dive into the. Top 5 Amazon Scams in 2023 2. In today’s world, timeshare scams are getting harder to catch. ASIC has warned the timeshare sector it was on notice. Had to go to another location to redeem my prize but didn't realise it was a sales pitch for Ultiqa. Tips to avoid becoming the victim of a timeshare advance-fee scam If you receive a phone call, an e-mail, mail or other communication regarding your timeshare, officials recommend you keep in mind. 1-800-640-6886Intl: 813-902-9743. Ask about your ability to cancel the contract. Excellent. Write a. 1-800-640-6886Intl: 813-902-9743. Diversity of Products or Services. Buy Ultiqa Lifestyle 70000 Points Annual Usage. 1-800-640-6886Intl: 813-902-9743. More than 1,100 BBB Scam Tracker reports reveal fraudsters have used the same high-pressure tactics common in timeshare sales to con consumers out of $3. The Federal Court has made declarations that timeshare company Ultiqa Lifestyle Promotions Ltd breached financial services laws by failing to ensure that. Using beachfront timeshares as part of a scam is the latest side-business for Mexico's powerful Jalisco New Generation Cartel. Timeshare Resale Scam Warning; Buy Timeshare. Call Us: 0800 0590106. Providing a restaurant, the property also features a bar, as well as a hot tub. We have a full list below. This period of time left the hotel chain with an inventory. 1,664 reviews. 5% say they're thinking about leaving. You should also call your local police department on a. Rent A Timeshare; Timeshare Rentals;Buy Ultiqa Lifestyle 3000 Points Annual Usage. Use keywords like “scam” or “trying to sell” or “contract” to see if other customers have run into trouble with this developer. If you get a random email or phone call from someone claiming to work for a resale company, treat them with extreme suspicion. The Federal Court has ordered timeshare company Ultiqa Lifestyle Promotions (in liquidation) to pay a $900,000 penalty. and local consumer protection agencies in the state where the reseller is located. We would like to show you a description here but the site won’t allow us. Rent A Timeshare; Timeshare Rentals;The Ultiqa Lifestyle sold timeshare in Australia. Level 2, Central 240, 240 Varsity Parade, Varsity Lakes, QLD 4227. Rent A Timeshare; Timeshare. 5. Buy Ultiqa Lifestyle 70000 Points Annual Usage. Next 0The average timeshare is sold for around $24,000, but many buyers struggle to sell them, even for a low as a dollar, the BBB found. 1. Ask if they have any complaints on file. Buy Ultiqa Lifestyle 2000 Points Annual Usage. Then, they call timeshare. The penalty follows the May 2022 Federal Court decision that Ultiqa financial advisers advised consumers to invest in the Ultiqa Lifestyle Scheme despite this advice not being in the consumers' best interests. com. N/A. Timeshare Resale Scam Warning; Buy Timeshare. No Hidden Fees - We'll clearly explain all your options and answer any questions. Timeshare Directory. You have been subjected to a sales presentation on zoom. Timeshare Resales is a Florida-based company that called people – many of whom were older adults – and promised to sell their timeshare properties. We have helped thousands of clients get out of their timeshare contracts, claimed back millions in compensation, and recovered thousands for victims of timeshare exit and. FHF has paid a penalty of $135,000 in response to three infringement notices and will pay up to $3 million in compensation. We would like to show you a description here but the site won’t allow us. Timeshare is a way people can own a vacation home without. Diamond Resorts has released a new video documenting the rise of the "timeshare exit" industry. Assume years ago you bought a timeshare in Mexico that you never use and are just tired of paying over $1,000 a year for maintenance fees. We are suckers. Selma Hrynchuk Selma is a fraud prevention specialist renowned for her expertise in private eye investigations and a remarkable partnership with law enforcement agencies. Welcome to Vacation Village Resorts, where vacations are more than just a moment in time. Buy Ultiqa Lifestyle 30000 Points Annual Usage. How timeshares work. They sail as close to the wind as the law allows. Was signed up to this in 2019 and have not been able to use it once. Learn more ULTIQA Lifestyle It’s exciting to know, you now have access […] This super-complaint was based on a survey of over 350 members on their experience with timeshare contracts. Policy & Regulation. comBuy Ultiqa Lifestyle 20000 Points Annual Usage. 5 million. Then, call your bank or credit card company as soon as possible to report the fraud. Ultiqa are unable to provide the holiday destinations that I request. The Australian Financial Complaints Authority said it and its predecessors received about 173 complaints a year about timeshare schemes. For Rent; For Sale; Home; Ultiqa Lifestyle ; Timeshare For Sale; AD # 270241; Ultiqa Lifestyle . My wife and I were on vacation in Playa del Carmen, Mexico, and stayed at The Grand Mayan . Travelers' Choice. Four key findings were. Has connected sellers with buyers and renters since 2000. Rent A Timeshare; Timeshare Rentals;Buy Ultiqa Lifestyle 30000 Points Annual Usage. The Ultiqa Lifestyle sold timeshare in Australia. All-Inclusive. Seriously, don’t fall for the scam. An exclusive survey by Time2Play. Five Timeshare Scam Avoidance Rules. Make Offer. Learn more about Scambusters and. This super-complaint was based on a survey of over 350 members on their experience with timeshare contracts. Write a Review. ASIC alleges that between October 2017 to March 2019 the advice was provided by authorised representatives promoting the Ultiqa Lifestyle Scheme did not meet consumers' best. ASIC previously fined an Ultiqa Lifestyle timeshare lender for responsible lending failures in 2018 (18-253MR) and raised concerns with Ultiqa Lifestyle’s disclosure and sales practices in 2016. Published 31 August 2018. Action Coordinated with Government of Mexico WASHINGTON — Today, the U. au. There are numerous reasons timeshares are a bad deal. Timeshare schemes are managed investment schemes and financial products that commonly involve property in the form of holiday accommodation. 1-800-640-6886Intl: 813-902-9743. Press Room Customer Service About Us Contact Us. The nicest timeshare we've stayed in: ULTIQA at Fiji Palms Beach Resort - See 429 traveller reviews, 371 photos, and cheap deals for ULTIQA at Fiji Palms Beach Resort at Tripadvisor. See 432 traveller reviews, 351 candid photos, and great deals for ULTIQA Freshwater Point Resort, ranked #17 of 72 Speciality lodging in Broadbeach and rated 4 of 5 at Tripadvisor. Investigators found nearly 30,000 complaints with $32 million disputed, 10,000 negative reviews, and 1,160 BBB Scam Tracker reports with losses totaling $3. 1-800-640-6886Intl: 813-902-9743. ULTIQA Village Resort. From AU$223 per night on Tripadvisor: ULTIQA Freshwater Point Resort, Broadbeach. When you contact a business, you know who's on the other end of the line. ASIC alleges the advice was provided by financial advisers who were. Away from main centre but close enough to access restaurants, shops, etc by vehicle. Reviewed Nov. Justice Downes’ decision in May 2022 quoted a sales manual provided to Ultiqa’s authorised representatives which said, ‘Once your client is on the Sales Deck… David Huggins on LinkedIn: 22-277MR Timeshare company Ultiqa penalised $900,000 by. Timeshare scams are on the rise in vacation hotspots, including Mexico. ”. Sell with the company you bought from. Your next luxury Fiji holiday awaits you at ULTIQA Fiji Palms Beach Resort. Rent your timeshare out. Likewise it would cost is 25,000 to purchase the 50K worth of points…. 17 Oct 2022 8:02 am AEDT Timeshare company Ultiqa penalised $900,000 by Federal Court The Federal Court has ordered timeshare company Ultiqa Lifestyle Promotions. Information and guides to help to start and manage your business or company. We had a trip booked, but due to COVID we had to cancel. Press Room Customer Service About Us Contact Us. Timeshare Resale Scam Warning; Buy Timeshare. comContact MTS for a free consultation and s full advice on your timeshare matter. The beds seemed comfortable no real complaints. All timeshares are scams. Buy Timeshare; Timeshares For Sale; Timeshare Resales; Buyer FAQ;Beware of high-pressure sales tactics. On top of this, you pay an annual maintenance fee for the property, even if you don't use it. It offers 2 restaurants, a heated outdoor pool and free undercover parking. " Study the paperwork on your own. No company, even an honest one, can get your money back. . Of the 351 timeshare members we surveyed, almost 30% say they'd like to leave their schemes but can't, and another 12. Ultiqa Lifestyle Promotions sells timeshare memberships for holiday accommodation. I have been cold called by Aegis Direct saying I have a claim against timeshare companies that I was involved with. But you’re not going to want. 4. It’s better to do business with a reseller that takes fees after the timeshare is sold. Press Room Customer Service About Us Contact Us. In 2020, timeshare company Bluegreen Vacations sued TTT For interfering with their customers’ contracts. If you sign up on the night while you are a tourist there is no, or hardly any time to reflect upon this contract with your trusted financial and legal professionals. If there’s been a lawsuit, the developers are often named. Buy Timeshare; Timeshares For Sale; Timeshare Resales; Buyer FAQ; Rent Timeshare. Member Reviews. The Federal Court has ordered timeshare company Ultiqa Lifestyle Promotions Ltd (in liquidation) pay a $900,000 penalty. 12,000. Until he asks for prepayment. As of June 2021, there are 33 complaints against the timeshare exit company and 722 reviews. Buy Timeshare; Timeshares For Sale; Timeshare Resales; Buyer FAQ; Rent Timeshare. The Federal Court has ordered timeshare company Ultiqa Lifestyle Promotions Ltd (in liquidation) pay a $900,000 penalty. Press Room Customer Service About Us Contact Us. With an A+ accreditation from the Better Business. 5 Signs of a Scam. The Mexican Timeshare Resale Scam, in a Nutshell. They won’t offer any kind of help for us. Search for a Timeshare to Buy or Rent: For Sale. 1. It beggars belief that Ultiqa has managed to obtain a bare minimun 7 day "cooling off" period. Timeshare Resale Scam Warning; Buy Timeshare. Buy Timeshare; Timeshares For Sale; Timeshare Resales; Buyer FAQ; Rent Timeshare. Timeshare Resale Scam Warning; Buy Timeshare. Here are 7 tips for how to sell a timeshare without getting scammed, and how to identify a reputable timeshare reseller to work with for a successful sale. Buy Timeshare; Timeshares For Sale; Timeshare Resales; Buyer FAQ; Rent Timeshare. 07 after 20 years. Reply. more likely a former employee selling information to scammers . 8. I will admit that buying a timeshare was a mistake, and using RCI to take advantage of that investment just made it worse. Published 17 October 2022. 14, 2023. The membership is not what we though it was, they sold it to us while I was holidaying before undergoing cancer treatment. Once a week, every week, Wayne Sorenson gets a phone call. Deeded ownership. Acquisitions Marketing Group. It’s time for you to get away from that contract. The case followed an investigation by ASIC over the Ultiqa scheme in which it found that consumers were hit with upfront costs of. au. 20, 2023. Press Room Customer Service About Us Contact Us. A timeshare owner who is looking to sell gets a call from someone claiming to be a real estate broker or agent. John Decker is the supposed agent's name. Buy Timeshare; Timeshares For Sale; Timeshare Resales; Buyer FAQ; Rent Timeshare. Ultiqa Lifestyle ; Timeshare For Sale; AD # 258981; Ultiqa Lifestyle . Rent A Timeshare; Timeshare Rentals;These types of timeshare contracts are in away sophisticated scams per se. The Resort Owners’ Coalition, a program of industry group the American Resort Development Association, has an online resource center for timeshare resales with step-by-step advice for consumers. 2j The owner details were obtained either by someone hacking Vidanta’s computer records OR. You have been cold called. Credit: Steven Siewert Redseason founder Terry Bradford, whose business is one of two. Call 603-883-8626 or 1-800-640-6886 for assistance. Rent A Timeshare; Timeshare Rentals;Buy Ultiqa Lifestyle 3000 Points Annual Usage. The penalty follows the May 2022 Federal Court decision that Ultiqa financial advisers advised consumers to invest in the Ultiqa Lifestyle Scheme despite this advice not being in the consumers. More Resources. What to know before buying a timeshare 03:33. " Study the paperwork on your own. The Australian Federal Court has ordered timeshare company Ultiqa Lifestyle Promotions Ltd (in liquidation) pay a $900,000 penalty. For example, if you took $16,000, put it in a bank account at 1%, and add $100 monthly, you would have $46,119. Promotion of the Ultiqa Lifestyle Scheme ended on 28 January 2020 and the company was placed into voluntary liquidation on 30 April 2021. COLUMBUS, Ohio ( WCMH) — It was 2019 when a central Ohio man named Dave saw a booth in a retail store, advertising “a fun vacation. Avoiding Timeshare Scams. No. In late December, Diane Burkhart sent a complaint to the FBI describing how her 88-year-old father agreed to purchase $250,000 worth of timeshare points over the course of 18 months, from 2016. Previous EDR schemes. Timeshare scams are on the rise in vacation hotspots, including Mexico. Do both, just in case. ULTIQA Village Resort. Reviewed Aug. Press Room Customer Service About Us Contact Us. Owners wondering whether timeshares are a scam are often offended by the high-pressure sales tactics or feel that the cost doesn’t measure up to the experience. We market your timeshare vacation property worldwide to help connect timeshare sellers with buyers. This luxury resort set on the beachfront in Pacific Harbour, boasts exceptional 2 Bedroom Apartments which you won’t want to leave! Facilities at ULTIQA Fiji Palms Beach Resort include a swimming pool, spa, BBQ facilities, direct beach access, onsite restaurant plus much more. Despite the need to create a more appealing product, we have to go back to the real estate market crash to really understand the depth of Marriott’s alleged deceit in this case. The Scheme remains active and Ultiqa currently holds an AFS licence, which allows consumers to access dispute resolution services through the Australian Financial Complaints Authority. The upfront cost to buy a timeshare can be high, in some cases over $20,000. The so-called. With 92% of timeshare resorts offering a rental. Lounge by the pool and unwind at the spa, stroll along the beach, or dive into the. The penalty follows the. Diamond Resorts is an absolute scam: hidden fees, rude customer service agents, impossible to exit, hemorrhaging cash for NOTHING. According to the corporate regulator, the upfront cost of joining the scheme was between $10,000 to $25,000 with ongoing annual fees of up to $800. The timeshare is now worth less. 1-800-640-6886Intl: 813-902-9743. Wayne Sorenson stands for a portrait Friday, April 28, 2023, at Kordiak Park in Columbia Heights, Minnesota. Timeshare Directory. To fill the seats, the defendants advertise that. Time Share Scam!! In 2018 we were lured into this time share by manipulative business men preying on the youth. Timeshare Resale Scam Warning; Buy Timeshare. 2. ULTIQA Lifestyle timeshares available at blowout prices. Rent A Timeshare; Timeshare Rentals;Do Your Research. The whole Timeshare industry is a scam and the resale market is a scam because they can’t sell it and they know it,you’re only paying for the listing. If you are deaf or have a hearing or speech impairment, you can call through the National Relay Service (NRS): Susan Britton is a happy timeshare customer but disagrees with the latest change to her terms and conditions. If you are looking for the safest way to safely exit your timeshare contract, claim compensation, or recover money from a previous scam, we strongly urge you to avoid doing business with cold callers. Alternatively, fill in your details and we will call back. 1-800-640-6886Intl: 813-902-9743. Ryan Donner, a real estate broker in the. In the world of timeshare exit companies, it’s understandable to be wary. A local timeshare company has been penalised for breaching financial services law. ULTIQA at Fiji Palms Beach Resort: Great timeshare resort - See 430 traveler reviews, 371 candid photos, and great deals for ULTIQA at Fiji Palms Beach Resort at Tripadvisor. The Federal Court has made declarations that timeshare company Ultiqa Lifestyle Promotions Ltd breached financial services laws by failing to ensure that. Rating Details. ASIC's scrutiny followed complaints received from consumers and other regulatory agencies alleging misleading and deceptive statements and unconscionable conduct by the ULTIQA Group. Once you are stuck in one, you are stuck in a black hole. 9 million households in the United States own one or more timeshare weeks, according to the American Resort Development Association. ASIC's scrutiny followed complaints received from consumers and other regulatory agencies alleging misleading and deceptive statements and unconscionable conduct by the ULTIQA Group. ***Ultiqa @ Raffertys #6786. The Federal Court has ordered timeshare company Ultiqa Lifestyle Promotions Ltd (in liquidation) pay a $900,000 penalty. Following with interest. The Federal Court has. 1-800-640-6886Intl: 813-902-9743. Timeshare and vacation club scams. CHICAGO (CBS)-- An offer sounded too good to be true – in what should have been a victim's first clue that something wasn't. Rent A Timeshare; Timeshare Rentals;Federal Court finds timeshare company Ultiqa failed consumers with multiple breaches of financial services laws ASIC 22-11 MR .