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Thu, May 23 2024, 21:24:07Login ] [ Contact Forum Admin ] [ Main index ] [ Post a new message ] [ Search | Check update time | Archives: 12345678910 ]
Subject: Re: Calling ALL LGM-CVC victims


Author:
Law
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Date Posted: Wed, May 03 2006, 22:51:12
In reply to: Law 's message, "Calling ALL LGM-CVC victims" on Thu, Apr 13 2006, 11:54:45

Hi all, shall try to respond to both Theresa and Ed at the same time..

For Theresa's case, I'm afraid you might have some difficulty as I think somewhere in LGM's contract, it says only those letters mentioned with the contract takes effect. Hence, I believe you might have some difficulty trying to fight the case using the letter from LGM's "legal dept". But going to CASE could be your best bet at the moment. At least let CASE advise on where you stand right now. As for their cashback programme, I feel that 7yrs is a long time to wait, and anything could happen. I'm just afraid LGM would have wound up and left S'pore by then. Anyway, if you want the legal view of things, you may want to talk to a lawyer and see if he can find any loophole in the LGM's contract for you to have some recourse. I'll be glad to provide you details of my lawyer. Just drop me an e-mail at apsupp@yahoo.co.in

For Ed's case, LGM is just bull-shitting. Do check with your Spain timeshare on the status of your membership. If I'm not wrong, it's cancelled or suspended due to non-payment of maintenance fees, and NOT transferred to anyone at all. Of course LGM dares to claim responsibility for such trade-in, cos the Spain timeshare won't sue anyone at all for not paying up maintenance fees. The Spaniards will just cancel it, which is to their advantage cos they got the $$ that you paid for the timeshare in the 1st place already. And YES, I AGREE with you that LGM bull-shits ALL THE TIME. To anyone out there, don't believe A SINGLE word that LGM says. You can bet 110% of the time, they're trying to blind and disorient you with more lies. And their motive is to make you pay them even more money than what they originally conned you of.

Just to fill you guys in what tricks LGM were up to: LGM has inflated the CVC's selling price by a huge amount to make it look as though you traded-in your timeshare. In actual fact, we just plain bought their CVC AT THE SAME PRICE as anyone out there who bought a CVC. After that, they just let your traded-in timeshare die a natural death!! End of the day, why do we need to buy their CVC if we want to get rid of our timeshare by letting it die right? Might as well let the timeshare die WITHOUT paying LGM a single cent right? This is most unethical of LGM, but unfortunately these b*****ds are using the law to protect themselves, and CASE has been hardly any help to any of their victims. Think there's a CASE Annual General Meeting coming up on 24 June, maybe someone should pop up at CASE and give them a piece of our minds?

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[> Subject: Re: Calling ALL LGM-CVC victims


Author:
focus
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Date Posted: Thu, May 11 2006, 15:36:03

Hi everyone,

These companies are getting more and more sneaky by the day.

Due to previous bad experience, I make it a point to turn down any request for surveys while being approached at publlic places. This time round, it was no exception as one guy approached me for survey. But the guy appealed to my kindness by appearing very earnest and desperate. In addition, this time they improved their credibility by issuing a coupon for luck draw containing a credible list of prizes like Honda City, Sony Vaio.

After the survey, I thought nothing of this. It was a few weeks later that I received a call from Christine of Expo Management. They mentioned that I had done a survey in Raffles Place and are inviting me and my wife to this presentation that guarantees us a prize of either a plasma TV, a notebook computer or a DVD Sound system. The presentation is done by LGM.

I should have let my sceptism get the better of me and not go down to the presentation as I did the survey in Toa Payoh, not Raffles Place. Nevertheless, I had the suspicion that it is a scam commonly employed by Timeshare companies and before I even voice out my suspicion, this Christine rattled off that they are not a timeshare company, that I have no obligation to purchase anything and that I am guaranteed of one of those prizes with no string attached. I only have to pay a token transportation fees for those prizes.

Salivating at the prospects of a plasma TV or notebook computer, I took up the invitation and attended the presentation with my wife. Upon reaching there, we were told we can win a spa voucher if the last 4 digit of our credit card number matches a list they had. Now I realised this is just a ruse to ensure we of certain income level and that we did bring our credit card to faciliate payment of fees of their membership that they will coerce us to join.

Notwithstanding this, we were brought to a room and told to switch off our mobile phones as it interferes with their wireless network. Now I believe, it is just a tactic to cut us off from the outside world while they try their ertswhile to con us into getting their package. The staff also asked us which prize we liked and we nonchalantly replied that we want the plasma TV or the notebook, half believing that they are arranging for one of the prizes we requested. Promises of deals and packages with major hotels like Shangri La, Hyatt etc were promised by scribbling on pieces of paper.

Eventually we decided not to sign up for the first package of S$28k they were promoting. After that, he tried to get us to sign up for another at S$10k. When we weren't convinced either, they threw in lots of carrots like "Cashback for the fees we paid", "Free Trip to Koh Samui" etc. They even explain to us we have a right to cancel our contract during a 4-day period. Trying to buy our confidence but at same time hoping we would rest on our laurels and not do the checks on them.

At this juncture, I have to admit the travel deals look good (eg promises of able to stay 7days in a hotel like Shangri La for only S$250 in total) and they appeared professional and real unlike all previous timeshare companies i have encountered. Their staff were still very pleasant when we turned down their iniital offers, unlike staff of those previous timeshare companies I have met who will readily turn hostile.

So we signed up. At the end of the session, we were told that the prizes were randomly drawn and we had gotten the DVD Sound System. We were disappointed and mentioned we thought they were preparing for the prizes that we requested. They maintained that all prizes are randomly drawn and had only drawn the DVD Sound System. As it was past midnight already and feeling tired, we thought nothing much of it and left.

The days after, we embarked on our research of this company and their package. Reading through the documents and brochures they gave us, we realised that those fantastic offers (eg fantastic hotel rates with ShangriLa and Hyatt hote) that they made were never really put in black and white. Our relative in this industry also think the package is too expensive. While the internet searches on this company yielded several complaints about them.

It then dawn on us that they did not really have Plasma TV and Notebook Computer as their prizes. What they had was simply the DVD system but for which we have to pay an exorbitant S$140 just for delivery charges of these system. Hardly reasonable or token charges for such a small system. For a much bulkier purchase, Ikea only charges me $50! The DVD player was unbranded, while the speaker and sound system looks cheap. So probably the $140 "transportation charges" will cover substantially the cost of this "DVD Sound System" prize they are giving out

I was lucky that I did all my research within 2 days and exercised my right to cancel within the timeframe. I imagine there would have been some guys who did not do the check and be scammed of their hard earn money.

In addition through my conversation with the junior but blur sales staff, it also appears they are contravening our CPF regulations by not paying CPF of staff whose salary are more than S$500 per month and whose age are below 50 years. How do we get CPF Board to act on this?Readers that may be an employee of that company do take note and deal with this company accordingly.

Let this be an experience for all to share

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