Fact 2026-10-07 #9 MoneyEnforcement

$350 millionreported lost by about 6,000 US victims of Mexican timeshare fraud, 2019 to 2024

Prosecutors say a cartel ran call centres charging Americans fees to sell timeshares they owned; about 6,000 US victims reported approximately $350 million lost to timeshare fraud from 2019 to 2024.

The Treasury says the call centres obtain victim information from complicit insiders at timeshare resorts. The charges, including material support to a foreign terrorist organization, are allegations, and the defendants are presumed innocent.

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Source: US Department of Justice · US Department of the Treasury. Read more: timeshare exit · case file

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• Timeshare exit and resale scams: how it works
• The case file behind this fact

Sources

1. Senior CJNG Member Indicted on Wire Fraud, Money Laundering, and Terrorism Charges for Operating Massive Timeshare Fraud Scheme. US Department of Justice. Accessed 2026-09-06. Supports: The 22 September 2025 indictment, the defendants and their roles, the charges, the scheme running since about 2012, the advance fee mechanics, the Mexican call centres, the 6,000 victims and $350m for 2019–2024, the maximum penalties and the presumption of innocence.
2. Treasury Targets Cartel-Linked Timeshare Resort Defrauding U.S. Citizens. US Department of the Treasury. Accessed 2026-09-06. Supports: The 19 February 2026 sanctions on Kovay Gardens, five individuals and 17 companies, the FBI loss figures, the 2024 complaint and loss totals, the English-speaking call centres and the complicit resort insiders.