Posted on 03/25/2024 9:48:40 AM PDT by ChicagoConservative27
A Mexican drug cartel known for gruesome public slaughtering drained $40 million from Americans, and stole many elderly victims’ life savings without a drop of blood in 2022, according to FBI stats.
It’s part of a rapidly evolving timeshare scam run by the Jalisco New Generation cartel (CJNG) that is becoming more intricate, and is now estimated to be stealing hundreds of millions from Americans each year.
It started as a small operation in the Puerto Vallarta area and expanded to popular tourist spots like Cancun, according to the U.S. Treasury, which issued sanctions against seven fugitives and 19 Mexican companies connected to the scam last April.
“CJNG uses extreme violence and intimidation to control the timeshare network, which often targets elder U.S. citizens and can defraud victims of their life savings,” Secretary of the Treasury Janet Yellen said in November. “The Treasury remains committed to the Administration’s whole-of-government effort, in coordination with our partners in Mexico, to disrupt CJNG’s revenue sources and ability to traffic deadly drugs like fentanyl.”
(Excerpt) Read more at nypost.com ...
I heard of a guy who owned some property in Old Mehico that was having some ownership issues.
He went down to Old Mehico and nobody has seen or heard of him since.
It sounds like this involves people...older people...buying timeshares in Mexico. Timeshares are stupid in *this* country! They’ve got to be ten times more stupid in Mexico...even without the gangs being involved.
“who owned some property in Old Mehico”
“Ownership” is an abstract concept.
In Mexico, it’s only real if you have the guns.
And anyone with a brain knows who has the guns there.
Joe Pedo will “forgive” the Cartel Man Bun Boyz and invite them into America.
I didn’t say the guy was bright. I got the story second-hand from a woman who knew him that I regularly talked to when I was walking my dogs.
People pretending to be their grand kids and need money to get out of a jam is an old scam against seniors
Any civilized Westerner who would set foot in Mexico for *any* reason needs to have his/her head examined.
You know timeshares are a scam when companies now exist that their only function is to assist in getting people out of the contract.....and if they can’t its no charge.........damn. SMH
Once two strangers climbed ol’ Rocky Top
Lookin’ for a moonshine still
Strangers ain’t come down from Rocky Top
Reckon they never will
I have never been enamored of ex pat retirement due to risks such as these.
America needs improvement. But it’s better here than anywhere else and here I have some recourse and I know my way around.
NO AMERICAN owns Mexican property-—
THEY can get 99 year leases-—BUT cannot OWN.
That doesn't change the fact that he hasn't been seen or heard from since going down to Old Mehico regarding his 99-year lease, which was the point of the anecdote.
Have you ever been to Mexico?
Only within 50 kilometers of the coasts or 100 kilometers of the border are there restrictions on non-Mexican property ownership.
When I lived in Texas I loved going to Cozumel for vacation. Those time share sharks infested the airport. Who falls for them? Really? Now. I avoid Mexico and Mexican products as best I can. As far as I am concerned they are in a state of war with the USA.
I met my ex wife in Mexico, so maybe you’re right.
I haven’t been south of the border since the mid 80s. No intention of ever going there again. And it’s only going to continue to get worse down there and being in a tourist area is no guarantee of safety anymore.
I have and I'm never going down there again. It just keeps getting worse and worse and even the so-called safe zones aren't that safe anymore.
And anyone with a brain knows who has the guns there.
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