It has been brought to the attention of RDO [Resort Development Organisation] that two Singapore based companies, United Wealth Management and Beaufort Park Pte Ltd may be informing timeshare owners during presentations that they are registered with RDO.
United Wealth Management and Beaufort Park Pte Ltd are not associated with RDO in any way and are not authorised to act on its behalf. Members of the public should be on their guard if contacted by these companies and are advised to take legal advice before parting with any money.
Timeshare owners who are asked to pay a sum of money to a company that promises to recuperate monies lost elsewhere – for example a deposit paid to a sales company that has closed down or a registration fee paid to a resale company – should be extremely wary as this frequently results in a further loss.
If you are told that the company is registered with RDO, check our website as it contains an up-to-date list of members, all of which sign up to a code of conduct. Go to <http://www.rdo.org> www.rdo.org for further information.