Crescent Group Associates

Review: see Attached documentDesired Settlement: see Attached document

Review: I was solicited by Mr. [redacted] by voice mail received on my home phone. His cell phone number is [redacted]. He claimed he had a buyer for my timeshare at [redacted]. On subsequent communication he explained that he worked for the finance company for the buyer and would be responsible for processing my part of the sale also. By 11/30/14 I had faxed him a signed copy of an official looking seller's agreement along with a cashier's check for $864.32. Before sending the check I spoke by telephone to the buyer who had a Vermont area code and a credible story and questions regarding the purchase. The actual closing date was February 13, 2015. About 1 week before the closing date I was asked to speak with a representative from a closing company in New Hampshire who informed me that I would need to pay a 7.5% "stamp tax" on the sale price of the timeshare. Again the phone number had a New Hampshire area code. I sent a cashier's check for $1072.50 to Crescent Group Associates on 2/9/15. After sending this check I looked up the New Hampshire Stamp Tax and found that .75% was paid by the seller and the other .75% was paid by the buyer. I called Mr. [redacted] and he reassured me that the check would not be sent from his office to the closing company until this discrepancy was resolved. I also called the "closing company" in New Hampshire and they had no record of an agent with the name of the person I had spoken with. February 13 came and went and no check or record of the sale of my timeshare has been sent or communicated to me. I have called Mr. [redacted] a number of times but no message could be left because his mailbox was full. The phone number of the company is no longer in order.Desired Settlement: A refund for the 2 payments I sent to Crescent Group Associates is requested. $1072.50 plus $864.32 = $1936.82

Review: Crescent Group Associates is a company that contracts to sell time share property. [redacted], a sales representative, called me and informed me that he had a client that was interested in purchasing my time share. He called me several times to say he worked with clients by helping them get financing and locating properties. I informed him that I was interested in selling my time share. He sent me an Owners Sellers Affidavit which stated that the buyer would pay for the time share. He informed me that I would need to pay a processing fee. I signed and sent the Affidavit along with the processing fee on February 5, 2015. Mr. [redacted] informed me that he had received the processing fee and would get in touch with me. I have tried to reach Mr. [redacted] by phone and email. His phone says his mailbox is full and cannot take a message. The Crescent Group Associates Inc.'s phone is no longer valid. It has been two weeks and I cannot talk to anyone. It is my opinion that this company is a fraud.Desired Settlement: I would like this issue settled by getting a refund for the processing fee.

Review: I was contacted by Crescent Group Associates, Inc in November regarding my time share-they said they had a buyer interested in purchasing my time share for the amount of $14,500.00. Since then I have been dealing with [redacted]

for this transaction to take place. I was asked to send the amount of $864.00 as seller processing cost. I sent 1/2 of the amount on Dec.18th and the 2nd half on Jan. 12th. They have received and cashed both checks. During this time I have spoken with [redacted] many times to confirm receipt of checks and when to expect paperwork to for transferring ownership.He told me a few week I would receive paperwork. As of Jan Feb.2nd I have not heard back and received any paperwork. I called [redacted] on Feb.5 and left message. He return my call but did not leave a message. I called again on Feb.9th and his number was no longer in service. I have called the companies [redacted] and it has been disconnected. I also checked their web page and it has been shut down. I beleive I have been scammed out of $894.00 and would like to know if anything can be done. The address fro this company I have is Silverside Carr Executive Center [redacted]

Review: My name is [redacted]. I live in Patrick, South Carolina. I have been dealing with a company in Wilmington, Delaware to resale my timeshare. The name of the company is Crescent Group Associates, Inc. Below is their information and my contact there. Can you tell me if this is a legitimate company? I have not heard from my contact there in over 3 weeks, Closing on my timeshare was on 2-20-2015. He is not answering any emails or phone calls(no longer accepting calls) and the website and 800 number for this company has been suspended. The purchaser of my property, supposedly lives in Vermont. He is not answering his phone either. If there is no verification of company as being legitimate, it needs to be reported as a SCAM to warn other people. I would appreciate any answers you may be able to give me.

Steve Nelson , Representative

[redacted], Representative Buyer, Wilmington, VT [redacted] Manager

>

> Crescent Group Associates, Inc.

> Silverside Carr Executive Center

> 501 Silverside Rd, Suite 35

> Wilmington, DE 19809

> 800.746.6085 Ext 301

> 302.367.0491 Direct

> 800.746.6086 Fax

Company Name: CRESCENT GROUP ASSOCIATES, INC.



File Number: 5591823



Filing State: Delaware (DE)



Filing Status: Unknown



Filing Date: August 25, 2014



Company Age: 7 Months



Registered Agent:

[redacted]

> www.crescentassociates.net

Crescent Group Associates, Inc. is a Delaware Corporation filed on August 25, 2014. The company's File Number is listed as 5591823.

The Registered Agent on file for this company is [redacted]. and is located at [redacted]

My contact information is shown below. Feel free to call me if wish to get more information. This scam is REAL because I lost almost $900.00 to these scam artists and I would like for the public to be aware of this SCAM. The number of people they have scammed is probably more than we can imagine.Desired Settlement: They have not contacted me in over 4 weeks because the SCAMMED me. Once they received the money , all contacts were severed and all contact accounts were suspended.