Gold Crown Express has transacted business in the District of South Carolina. Defendant Worldwide Vacation Services, Inc. is a dissolved South Carolina corporation with its principal place of business at North Myrtle Beach, South Carolina. Worldwide Vacation Services, Inc., has transacted business in the District of South Carolina. Defendants tell consumers that there is a strong demand for timeshares overseas, and that defendants can sell the consumer's property at a high price. These other overseas companies are the British Guarantee Company, purportedly associated with Oscar C. Bradley and Associates, and Scandinavian United Society, purportedly associated with Danish Leisure Promotions.
Defendants also have a location in North Myrtle Beach, South Carolina.
THE FTC ACT 13. In numerous instances, in connection with the advertising, promotion, marketing, offering for sale, or sale of timeshare resale services, the defendants represent, directly or by implication, that they will sell the consumer's timeshare for a specified price. In truth and in fact, in numerous instances, defendants do not sell the consumer's timeshare at all, and thus do not sell it at a specified price. The Rule became effective on December 31, 1995. Consumers in many areas of the United States have suffered substantial monetary loss as a result of defendants' unlawful acts or practices.