AG wins settlement for timeshare swindle

A Nevada company accused of swindling Vermonters out of their timeshares has agreed to reimburse the victims in a settlement announced this week by the attorney general.

Apex Professionals, Inc., will pay $64,000 to 15 victims and another $65,000 in penalties to the state of Vermont to settle charges that it violated the law in arranging the selling of timeshares, according to Attorney General Bill Sorrell.

“If out-of-state companies offering an economic benefit to consumers in Vermont violate the state’s consumer laws, they can expect strong enforcement and serious consequences,” Sorrell said in a statement.

Full report here ( Source: http://www.timesargus.com )