Los Angeles, California (PRWEB) January 31, 2013
El Cid Vacations Club scam prevention teams know that bogus fees and fraudulent buyers are a few of the various ways con artists are taking advantage of people looking to sell their property. The number of these scams is increasing at a rapid pace, and criminals are always getting better at taking advantage of people eager to sell their property during such an economically uncertain time. Only through vigilance and awareness can people outsmart the scam artists. The prevention team has thus released a few basic tips that people should follow, while doing business in 2013.
If an offer comes out of the blue and sounds too good to be true it is likely to be a scam, is one of the best pieces of advice that the professionals dealing with the El Cid Vacations Club scam can give. Another preventative measure to follow is to not distribute personal information over the telephone and never give away bank account information or social security numbers without going through the proper channels. When crooks gain access to this information it becomes incredibly easy for them to instantly drain thousands of dollars out of bank accounts.
There are laws in place that make it illegal to misrepresent having a buyer, and force buyers to refund the people who they purchased the property from, if the previous-owners suspect foul-play. While this protects loss of property, the bulk of con artists profit from people sending them money in advance, for bogus miscellaneous fees. By the time a seller realizes something may be wrong, there is a good chance that the scam artist is long gone, and covered their trail.
The El Cid Vacations Club scam prevention team stresses the danger that comes when people give out personal information to strangers. Larger problems will occur once the scam artist gains access to financial records, which can then lead to destruction of personal finances for years to come.
The El Cid Vacations Club scam prevention team wants people to avoid being a casualty of the ever growing list of scams out there. By following these simple rules they can help ensure a financially safe 2013 and prevent people from being victimized. Contact El Cid Vacations Club for any concerns about travel scams or travel arrangements regarding a visit at the resort.
El Cid Contact Information:
El Cid Vacations Club