Diamond Resorts International Complaints
Feb
25
View all Diamond Resorts International complaints
Fraud and cheating
My wife and I have ownership interests in the Flamingo Beach Resort and the Flamingo Beach Villas in Sint Maarten. These properties were acquired last year by Diamond Resorts International. When we purchased the time share weeks the initial Maintenance Fees were set in the contract but the contracts were mute with regard to inflation but we were assured that the rates would follow the local inflation rates in St Marten. We have just received our invoice for this year and find that our fees have increased 34% and 42% respectively. When I expressed concern over the increase to Diamond Resorts International I was told to 'get a lawyer'. If we do not pay the fees we forfeit the properties and our initial investments. We feel that the increase is unconscionable and intended to force owners to abandon their investment so that the properties can be resold. We understand that a class action suit is being mobilized by a local law firm in Sint Maarten on behalf of owners to address the Maintenance fee increases and the purported use of capital reserves to pay debts. We have also contacted the Attorney General for our state. It is hard to imagine that firms like Diamond Resorts International can operate in such a heavy handed way.
4 Comments and Trackbacks (Add your Comments)
Posted: 15 Apr , 2009 by Deneen McCarthy  
We all need to band together and fight this. Come on everyone
Posted: 15 Apr , 2009 by Deneen McCarthy  
Diamond Resorts is horrible. We all need to band together and take care of this terrible situation
Posted: 14 Jun , 2010 by Irene Ordon  
I paid my maintenance and late fee and then got a check closing account. I never cashed the check. Making contact with them is impossible. They have no record of me. Definitely want to join a law suit. Do you have an attorney
Posted: 09 Jun , 2010 by Jerry Harris  
They are the biggest liars I could ever imagine. I can\\t believe we were so foolish. The whole presentation was full of misrepresentation. At a second time in I confronted the sales rep., it turned into a very ugly situation. What now?
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