Torrenza salesmen have been telling clients that the completion of the project is going to be in a short period of time. The construction now has stopped and seems to be only a hole in the ground.
This company claims to be able to sell timeshares that potential clients might have to help them offset the cost of the new one. This happens as well when telling clients that the resort will help them set off the cost of the timeshare by renting out the unused weeks to other people.
Now, the construction of the building has stopped and the sales presentation room is closed as well.
The collections department is asking current clients to make payments directly to the owners account which is Miguel Coronel Hernandez (supposedly the CEO of the company).
Information:
Av. Playa Gaviotas No. 404 C.P. 82110 Golden Zone, Mazatlan, Mexico.
From USA & Canada 1-800-381-9845 Toll Free
In México (669)913-15-14
Fax 011 52 (669)913-15-16
From USA 209-257-4362
Legal Name: Real Negocio, S.A. de C.V.
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It is very common that the sales people exaggerate the benefits of the timeshare to add value to the timeshare. The salesman might show you a chart explaining how they can get you an airfare for up to 75% off or how to get a car rental for half of ...
Read what other timeshare scam victims say:
Jeff Slingerland
My Brother and I bought into Torrenza in 2007/2008. We have been told every year that the tower will be complete next year etc. The hole in the ground is almost unchanged since then. We get asked for maintainance fees every year (so far we haven't paid them) but we feel scammed. We spent a lot of money and it seems we get nothing in return. We also spent money on Sierra Rentals to rent our timeshare, but again nothing. I want to cancel our contract with torrenza and get some, if not all our money back.
Alejandro
Tengo un contrato con Torrenza Mazaltna he pagado alrededor de 15,000 usd. y estoy a unos pagos de terminar, pero por lo que he oido el edificio que iba a estar terminado en el 2010, es solo un hoyo. prometieron rentar mis semanas a $1900 usd por año durante 10 años. por lo que pague otros 999 usd. Todo fue mentira y quiero recuperar mi dinero. Nunca he utilizado la membresía.
Adalei
Hello, I am a Torrenza Mazatlan owner who, like many others, have been deceived by Torrenza's claims to have the property open within 10 months (as of last July). As the property is not available and other promises of Cruises, less expensive hotel stays, etc. via TradingPlaces simply have not materialized, I am interested in canceling my contract with Torrzena. I currently have a loan with Torrenza (approx $300 US per month) and am interested in ending the payments, as the benefits simply have not occurred as promised.
James
We have been in the process of trying to cancel a timeshare contract with Torrenza since October, 2009, because we feel that they have been deceitful and not following thru with (mostly verbal) promises. Currently preparing Profeco claim against Torrenza. We would like to cancel our contract with Torrenza, and also pursue getting any reimbursement of $ paid to Torrenza. Saw your website and would like to talk with you about cancelling our contract. We feel helpless in this matter and have been lied to and scammed by several companies to the tune of several thousands of dollars. We are skeptical of anyone's claims.
Yas Sanchez
Nosotros compramos por que nos ofrecieron una venta de otra membresía a fin de poder pagar la de Torrenza lo mas pronto posible. Ellos no nos dijeron todo lo que implicaba la venta de la otra membresia. Me comunico con ellos y la unica solucion que me dan es que pierda mi dinero. Les dimos mas de 21mil pesos. Torrenza es un FRAUDE.
Karen
October 2008 I purchased a timeshare condo from Torrenzo Mazatlan and was promised many things that have not materialized. I have paid the contract in full. Do I have any recourse in this matter?
Ron
We paid $25,000 on a Bank of America credit card to Torrenza in Mazatlan, Mexico. We want cancel our affiliation with Torrenza and get our money back. We are unable to book a room nor can we use the Trading Places program to book any vacations anywhere else in the world. We have been unable to establish any communication from them regarding their intentions to build the promised resort. It appears we paid $25,000. for nothing.
Javier
bought a fractional at Torrenza in Mazatlan and they have not built the tower what can I do? I already payed 110,000 dlls
Kim
My wife and I were in Mazatlan last week and fell prey to Torrenza dishonest tactics. We purchased a two week package for $8500 + $1200 closing cost. They promised to sell a time share which we have at Pueblo Bonito and rent the weeks we have with Torrenza for $1400 per year through Phoenix Vacation Property Management in the US. Phoenix wanted another $799 to list our property with no guarantee. I did not sign up with Phoenix. I called and emailed Torrenza as soon as I got back to the USA and let them know I wanted to work out a settlement, but they have not returned my calls.
Ryan Canaday
A bunch of false promises!