Attorney General Eric Schmitt obtained a default judgment against a former Springfield company that purported to help people get out of timeshares.
The judgment is against the company, Martin Management Group LLC, and its owner/operator, Steven Martin.
“Protecting Missouri’s consumers is one of my most important duties as Attorney General, and my Office’s Consumer Protection Section works around the clock to fulfill that duty,” Attorney General Schmitt said in a statement. “I’m pleased that my Office was able to obtain a default judgment against Steve Martin and Martin Management, and we will work diligently to ensure that Missourians who were scammed are refunded. It’s important for Missourians to remember, especially when dealing with timeshares, that if it sounds too good to be true, it probably is.”
The AG says that Martin and his company assured clients they would be able to negotiate with resort developers for a transfer or termination of timeshare obligations. The company even offered a money back guarantee in exchange for up front payments.
Complaints to the AG’s office said after the initial payment, Martin’s company would fail to produce the promise results, and often ask for more money for litigation, transfer, or liquidation fees. The entire time, the timeshare obligations were in place and causing negative impact on the customer’s credit scores.
The judgment permanently bans Martin Management Group LLC and Steve Martin from offering and selling timeshare-relief services in the state of Missouri. Cash penalties of $222,768.90 were awarded to the State, including $170,247.61 in restitution for Missourians and $52,521.29 in civil penalties and costs of prosecution and investigation.
Attorney General Schmitt said anyone who feels they have been scammed by a timeshare relief company should call the AG’s office at 800-392-8222.