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Dubai 419: Timeshare Property Scam: How Nigerians Have Been Defrauded - Properties - Nairaland

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LASHONE ESTATES - Someone Marked You As 419!!! / Dubai 419: Timeshare Property Scam: How Nigerians Have Been Defrauded (2) (3) (4)

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Dubai 419: Timeshare Property Scam: How Nigerians Have Been Defrauded by DuduDutch: 1:05pm On Nov 29, 2011
Hello Nairalanders,

this is a sad story about how our hardworking people are being scammed daily by a group of Arab 419 experts.
They usually hustle you on arrival in Dubai but they have recently become more daring and taken their trade to Naija with our own people now working for them too.

DUBAI AIRPORT
Once a plane arrives from Nigeria, they have people who approach you at the airport where they have a stand to make them look legitimate. They ask if you want a free gift like a desert safari or a boat cruise. Who no like better?
They say you just have to listen to them for 2 hours and there are no obligations.

Once you are at their office, the scam artists start telling how Dubai is growing and you can own a share of a resort, apartment or hotel for 1-2 weeks a year. Now comes the best part. They say to you that you do not even need to stay there at all. They will rent it out for you at $1,000 a day so you will make serious profits.
All you have to do is pay a deposit now now now and then pay for the timeshare for about 2 years and it is yours for 99 years. Sounds great right? Your total annual investment will be about $1,000 but you will make $7,000 and pay only 30% as commission.
So as a typical Igbo man, I calculated my spending of $1,000 and returns of $7,000 minus 30% which is only $2,100.
Profit without any effort is $3,900.
Since we know Dubai has high standards and low crime, we checked them up and they sounded okay all round.

Here is the trick: they can NEVER rent the place for $1,000 a night so they tell you they cannot guarantee rental in the contract. Indeed, they never intended to rent the place for you.
When you complain, they say it is only for holidays since rental is not guaranteed. This leaves the poor, hardworking family to now be saddled with a $1,000 a year charge and a 1-2 week room you cannot use because of the extra travel cost. Remember you can get a room in Dubai for as little as $50/night.

Now the best part of it all is that because Dubai 419'ers know you cannot afford to come to Dubai and enjoy the room yourself, they simply rent out the apartment for themselves, make a cool amount of money daily and force you to pay the annual fees or lose your investment totally. This is so cruel that we have to petition the Nigerian Government to protect its people like the UK government has been doing for many years from Spanish and other timeshare scams (See
http://www.timeshareconsumerguide.org/newsletterjune.html
http://www.complaintsboard.com/lastcompanieslist/
http://blogs.mirror.co.uk/investigations/timeshare-holiday-clubs/
http://epetitions.direct.gov.uk/petitions/20588
http://www.timeshare.org.uk/scams.html
http://www.timeshare.org.uk/holicon.html (Timeshare Consumers Association).

We want to petition the Honourable Minister of Tourism and other agencies, travel agents, etc.
If you too have been affected by this Dubai scam, please please get in touch as we need strength in numbers.
This is how the English people got out of their own mess before the big hotel brands like Hilton brought honesty and sanity into this Time-Share programme which, if done honestly, helps everyone.

Brothers and sisters, please reply to this post in support and advice on how we should tackle these people.
If it were Nigerians doing this, they would have taken it to CNN by now.

Please send an email to info@iamnigerian.com with your name and Contract Number if you too have been a victim of these scam artists. Your case will be treated with all confidentiality necessary.

Thanks DD
Re: Dubai 419: Timeshare Property Scam: How Nigerians Have Been Defrauded by Danzara: 5:38pm On Jun 06, 2016
Timeshare Scam,

You are right my bro. Its a day wide scam and armed robbery. I fall a victim to this scam and I'm still licking my wounds.
Re: Dubai 419: Timeshare Property Scam: How Nigerians Have Been Defrauded by Danzara: 6:16pm On Sep 22, 2016
Hello Nigerians, if you know that you have been scammed by any of the Dubai timeshare scammers, then lets join hands and petition the relevant Government Departments in Nigeria. We need to take a class action. Other countries have done much to protect their citizens against this so called timeshare scammers. Kindly sign in. Lets open channels of communicating to the relevant government officials. Kindly drop your email for further correspondence.

1 Like

Re: Dubai 419: Timeshare Property Scam: How Nigerians Have Been Defrauded by mustiekay(m): 7:45pm On Jan 14, 2017
Na dem
Re: Dubai 419: Timeshare Property Scam: How Nigerians Have Been Defrauded by mustiekay(m): 7:48pm On Jan 14, 2017
Hummmmm.
Re: Dubai 419: Timeshare Property Scam: How Nigerians Have Been Defrauded by PqsMike: 7:56pm On Jan 14, 2017
Lalasticlala

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