Official Valuable information about Solmar Resorts.

                                                Please read the details and follow the advice, STAY AWAY!

 

 

 

Warning

Beware of Solmar Timeshares and Fractional Ownership Programs

DO NOT Stay At A Solmar Resort


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Freddy Magid
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If you think Freddy Magid is a Scam Artist, a Thief and/or a LIAR and/or if the Playa Grande Resort played a major role in allowing him to work his scheme, then do you think the following supporting partners, businesses and agencies also played an important role?  Without their services, support and backing, Freddy would have had very little to lie about or make promises on.  Below is a listing of the organizations that Freddy used and the story he told.

Bank of America  -  to pay for part of the fractional ownership, Freddy was able to enroll us, at the resort, into an time limited 0% interest rate with a Bank of America credit card.  Do you think, with this type of product offered to the clients of the Playa Grande Resort, that Bank of America fully supports and agrees with the sales techniques and schemes of Playa Grande Resort?  Do you wonder if Bank of America also uses a very similar business style?  Is this the type of organization you want to do business with?  Freddy stated that he arranged the financing through Bank of America so that when we received full payment from the sale of our 2 timeshares we could use those funds to pay off Bank of America, which would be before the 0% interest rate expired.  Since this didn't happen, do you think Freddy is a Scam Artist, a Thief and/or a LIAR and used Bank of America as a partner to get us to accept his deal? 

Below is a copy of one of the sales slip from our Playa Grande Resort transaction, we have marked off our name, signature and account numbers.   How many legitimate business' would stamp on their sales slip in big bold letters NON-REFUNDABLE?  By stamping it with NON- Refundable, do you think the resort knew their sales (upper management) employees where telling lies, which then the customer would try to back out of the transaction?  Do you think Bank of America, who provided the credit card, is part of the scheme and instructed the resort to stamp NON-REFUNDABLE on the sales slips? 

If you still think Bank of America wasn't a part of the scheme, don't you think they should have taken aggressive action against the Playa Grande Resort when the merchant copy that they received is marked NON-REFUNDABLE?   Shouldn't they be interested in protecting their consumer?  If not, then do you really ever want to do business with Bank of America if that is how they provide customer service?

ICE Platinum Rewards   -  Freddy stated the beauty of being a member of Playa Grande Resort program is the substantial travel discounts members receive through ICE Platinum Rewards.  He stated most round trip airfare average about $100 with this program.  Also, with at least a 48 hour notice, 1st class accommodations, anytime and anywhere in the world, can be made with a current maximum daily rate of $57 per night or $399 per week through this program.   He stated in the future these rates probably would increase for inflation.  We have had only one opportunity so far to try to use the benefits of the ICE Platinum Rewards program and guess what, we found it worthless.   On 6-8-2009 we shopped for airfare from Chicago to Salt Lake City for travel at the end of July.   The cheapest round trip airfare was $259, a far cry from Freddy's $100 stated deals.  Just to show you how wonderful the ICE Platinum Rewards program real is, we found the exact same airfare on Expedia.com, a service that's free and you don't have to be an ICE Platinum member.  Also, our car rental was $91.84 with Expedia.com and $94.83 with the so called wonderful ICE Platinum Rewards program, once again one of Freddy's great programs is turning out to be horrible.  So, do you think Freddy is a Scam Artist, a Thief and/or a LIAR and used ICE Platinum as a partner to get us to accept his deal?

Regal Resales and Rental  -  this is the agency Freddy assigned our 2 timeshares with for sale, he stated it was a guaranteed liquidation, which would take 90 for the one property and 180 days for the other to complete.  Freddy stated we would receive signed agreement from them within a few days after our trip.  Guess what, we never received them, nor have the properties been liquidated.   So, do you think Freddy is a Scam Artist, a Thief and/or a LIAR and used Regal Resales and Rental as a partner to get us to accept his deal?

Other agencies that Freddy stated the Playa Grande Resort are involved with, but didn't make any promises to us are:

ResortCom International

RCI

 

Knowing Freddy's record, wouldn't you be very cautious in doing business with any organization that he has been involved with?


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