GREEN BAY, WI (WTAQ) - The FBI has arrested four people in connection with a $2 million telemarketing timeshare fraud scheme.
From October 2009 through April of 2011, the group engaged in fraudulent and deceptive business tactics associated with several telemarketing businesses based in Green Bay. They include, National Timeshare Resales, Integrated Advertising Solutions, Administrative Timeshare Resales, and Midwest Timeshares.
All were owned or operated by the suspects.
Those arrested include 39-year-old Mark Parks of New London, 28-year-old Ashley Contant of Bellevue, 34-year-old Mindy Parks of Brussels, and 51-year-old Eileen Goltz of Port Charlotte, FL.
According to a press release, telemarketers employed by the timeshare companies would contact timeshare owners to inquire whether they were interested in selling their timeshares.
In a majority of the cases, the companies lied about finding a buyer and solicited fees ranging from $200 to $2,500, which in total came to over $2 million.