For more than two years, the National Timeshare Owners Association has been working on solving the issues of timeshare transfer fraud. This is also known as the “Viking Ship” model, whereby a company dissolves after intentionally taking on significant liability with no assets or efforts to offset the maintenance debt associated with the transfer of the timeshare. […]
By Gregory Crist, National Timeshare Owners Association Uri Fried, the notorious self-acclaimed creator of the timeshare “Viking Ship” is now serving 366 days in federal prison for failing to report income derived from “The Timeshare Company” and “The Timeshare Group” to the Internal Revenue Service between 2008 and 2009 in the amount of $1,980,035. U.S. […]