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Man accused of $1m timeshare cheating

ShangTsung

Alfrescian (InfP)
Generous Asset

Man accused of $1m timeshare cheating


Published on Mar 26, 2013
By Elena Chong

20130326.133857_courtv.jpg


A man was charged in a district court on Tuesday with 72 counts of cheating timeshare consumers of a total of $1 million.

Zamri Zainal, 34, is claiming trial to cheating the victims into believing that Great Eastern Trust and Asset Management would take over their timeshare interest in various companies and dishonestly induced them to deliver money to Axial Management.

Each of them was allegedly deceived of sums ranging from $5,750 to $30,000 in 2007 and 2008.

The timeshare companies included Club Emperor, Concept Vacation Club and Viva Le Concierge Club.

Get the full story from The Straits Times.

 
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