The Georgia Department of Law’s Consumer Protection Unit (“CPU”), on behalf of the State of Georgia, has reached an agreement with Fractional Property Services (“FPS”) and owners Matthew Delatorre and Joshua A. Wright. FPS offered to market vacation properties for consumers to rent their timeshares. Consumers stated that the business claimed to have a renter for their timeshare, but required the consumer to pay an upfront fee. Consumers further stated that the business failed to rent or sell their timeshare as agreed and refused to refund the paid fee.
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