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GOBankingRates

Laura Beck

If You Own a Timeshare, Watch Out For This Scam That’s Costing Americans Millions

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Timeshare owners are being targeted by organized crime groups running sophisticated fraud operations that have cost Americans close to $300 million since 2019. The FBI, Treasury Department and FinCEN issued a joint warning in 2024 about these scams, which are getting worse.

Here’s what to watch for.

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