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Brutally violent Mexican cartel draining Americans’ life savings in complex timeshare scam
NY Post ^ | 03/25/2024 | Fox News

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 ...


TOPICS: Crime/Corruption; Culture/Society; Foreign Affairs; News/Current Events
KEYWORDS: 4thgradevocabulary; americans; avoidmexico; cartel; chicagocusservative; chicagofecesfan; chicagofecesmouth; cjng; feceseverypost; fecesonthebrain; frpottymouths; illiteratefreepers; mexican; savings
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To: ChicagoConservative27

Imagine going to Mexico for a VACATION???

Some people will do anything.


21 posted on 03/25/2024 11:19:18 AM PDT by Jim Noble (Assez de mensonges et de phrases)
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To: Jim Noble

In 2022, 34 million Americans traveled to Mexico. It’s climbing back to the near 40 million mark pre COVID.


22 posted on 03/25/2024 11:26:45 AM PDT by Ge0ffrey
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To: AlaskaErik

When and where?


23 posted on 03/25/2024 11:27:22 AM PDT by Ge0ffrey
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To: Gay State Conservative

My brain dead liberal sister, an irs goon, is going to Mexico in April to see the eclipse. Did I mention she’s brain dead?


24 posted on 03/25/2024 11:37:39 AM PDT by Newtoidaho (All I ask of living is to have no chains on me.)
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To: Ge0ffrey

Close; I drove through LA once. That was Mexico enough for me.


25 posted on 03/25/2024 12:23:02 PM PDT by DPMD (ua)
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To: Regulator

I have read that so many of the deeds to property in Mexico were destroyed in the Revolution of 1910-1920 that no one is sure who owns what.

Some Americans who rented property there have come home to find everything gone and the Police saying the renters have nothing there so go away, or else.


26 posted on 03/25/2024 12:43:19 PM PDT by Ruy Dias de Bivar
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To: Newtoidaho

***is going to Mexico in April to see the eclipse.***

Why? It will be safer to see in the USA.


27 posted on 03/25/2024 12:46:41 PM PDT by Ruy Dias de Bivar
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To: Organic Panic

My 1st hubby and I spent a lot of time in Mexico-he was a PE and the company he worked for built a lot of the visitors’ centers, trails, ramps, etc in the parks at Amistad and Falcon lakes as well as parks inside Mexico. Being Hispanic and both speaking Spanish as a 2nd language, we frequented a lot of the vaca spots where only Mexicans and Texans go. Even so, the Texas plates on our Suburban brought the time-share vultures out of the woodwork from Cancun to Mazatlan to a quiet little place called Playa Azul-and it was a bigtime scam then-in the 1980’s-just like now-I can’t believe this is still being done-or that anyone is stupid enough to fall for it...


28 posted on 03/25/2024 1:39:33 PM PDT by Texan5 ("You've got to saddle up your boys, you've got to draw a hard line...")
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To: ChicagoConservative27

I occasionally hear radio ads for someone who is selling a service that claims to be able to get people out of their timeshare contracts. Whether that’s legitimate or just another scam I have no idea.


29 posted on 03/25/2024 1:43:17 PM PDT by Fresh Wind (Nothing says "Democracy" like throwing your opponents in jail.)
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To: Gay State Conservative

but the expats in Mexico are thrilled that can live cheaper and its so much safer down there....until its not....but as long as their pulling in their US pensions, all is good.


30 posted on 03/25/2024 1:45:12 PM PDT by cherry
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To: AlaskaErik

My wife had never been to Mexico so as part of a hiking vacation years ago we stayed one night in El Paso. We walked across the bridge from El Paso to Juarez.

One look at the lady’s room at a Juarez restaurant and she was done—subject has never come up since.

:-)


31 posted on 03/25/2024 1:48:04 PM PDT by cgbg ("Our democracy" = Their Kleptocracy)
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To: AlaskaErik
being in a tourist area is no guarantee of safety anymore.

It never was safe.

32 posted on 03/25/2024 1:50:24 PM PDT by 1Old Pro
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To: Newtoidaho
I'm going to Quebec.Let's see who comes back in one piece.
33 posted on 03/25/2024 3:33:12 PM PDT by Gay State Conservative (Proudly Clinging To My Guns And My Religion)
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To: Gay State Conservative

My mother and father in law wanted my wife and I to buy their timeshare. Wanted nothing to with it.

My daughter and her aunt went to Cancun this week and their travel agent warned them of timeshare hard sells at the Cancun airport.


34 posted on 03/25/2024 5:42:39 PM PDT by Mean Daddy (Every time Hillary lies, a demon gets its wings. - Windflier)
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To: Ruy Dias de Bivar

” or else “

Yeah. So you know who got his cut of La Mordida.


35 posted on 03/26/2024 9:56:46 AM PDT by Regulator (It's fraud, Jim)
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