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Fourteen convicted in £28M timeshare scam targeting elderly, using fake credits and high-pressure tactics.
A £28 million timeshare fraud targeting over 3,500 elderly victims, mostly aged 60 to 80, has ended with 14 convictions after a years-long investigation.
The scheme, run by Sell My Timeshare (SMT), used high-pressure sales tactics to extract fees from people seeking to exit burdensome timeshare contracts, offering worthless "credits" instead.
Mark Rowe received a seven-and-a-half-year prison sentence for fraud, while his wife Nicola was given a two-year suspended sentence for money laundering.
The operation, based in Tenerife and the UK, funneled victims’ money into a lavish lifestyle.
The BBC’s 2016 undercover investigation exposed the scam, leading to a lengthy legal process that brought closure to many victims.
Catorce condenados por estafa de tiempo compartido de £ 28M dirigida a ancianos, utilizando créditos falsos y tácticas de alta presión.