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Ministry of Public Security issues warning regarding 'Timeshare Ownership' model

By DA NANG Today / DA NANG Today
July 21, 2023, 16:09 [GMT+7]

The Ministry of Public Security has issued a warning about the "Timeshare Ownership" model, which involves various deceptive practices and profiteering. The "Timeshare Ownership” model has been present for a long time and is prevalent worldwide. Recently, this model has been relatively popularly implemented in Viet Nam.

During operation, some companies have employed numerous tricks to entice clients, taking advantage of their trust, lack of knowledge, and appealing to their desire to receive gifts, with the intention of deceiving and profiting from them.

Designing by MAI ANH - Translating by T.VY

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