Zoom Title
I was called by a Kevin Aitken claiming to be an escrow officer with Zoom Title in Washington D.C. He claimed he had a rather large sum of money in an escrow account and a buyer was ready to purchase my Grand Mayan contract. He said all I had to do was pay the transfer fees (5 Maintenance fees) and he could close the deal and send me my money. I told him I would prefer to use my own title company to complete the transaction but he insisted it had to be through Zoom Title. I later received a follow up email claiming the funds were deposited in my account at the Bank of America in DC and if I would send him a copy of my Identification, he would provide me with proof of the deposit. This is all a BIG SCAM I called the property management office for his listed address in DC and they say they have never heard of him or Zoom Title, but I am not the first to call about this company. I called a legitimate title company in DC and was told that title companies are required to be registered with the Bureau of Insurance. They have never heard of Zoom Title. There is no record of a Zoom Title having a license to do business in DC. They are a BIG SCAM. I am hoping this information helps someone from getting robbed by these crooks. Remember, if they want money up front, do your homework on their names, web address (WHOIS.COM), business license, landlords at the listed address. When you discover they are a fraud, go out on the internet and report them so you can help others from being caught up in their elaborate schemes.
John K.
johnk857 wrote:When you discover they are a fraud, go out on the internet and report them so you can help others from being caught up in their elaborate schemes.
It wouldn't hurt to report such a name however these fraudsters change their names more often than their clothes.
Regardless of the name of the company, never pay any large upfront fee to sell or rent out your timeshare.
Also, any legitimate resale broker will take any commission out of the proceeds of the sale. Any taxes, fees, closing costs, etc., also would be taken out of the proceeds of the sale. The owner should not have to pay anything out of pocket.
Lance C.
johnk857 wrote:I later received a follow up email claiming the funds were deposited in my account at the Bank of America in DC and if I would send him a copy of my Identification, he would provide me with proof of the deposit.
The following would concern me as much as anything .... how did he know what your account # was at Bank of America? If I were you I think I would close that account and open a new one.
R P.