Raintree International

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Category: Business & Finances

Contact Information
Irvine, Ca, California, United States

Raintree International Reviews

JRM10 March 29, 2010
scam
Dear members, Raintree Resorts International, in my opinion, is a scam. I bought at the Cancun site originally with the Hilton and Vacation ownership club, where the members were part of the board of directors and budgets were approved by a board of directors that was transparent. We received notices and minutes of the meetings and financial statements that were certified by independent auditors. Then it was changed to Club Regina, but we kept "renting from them ", you have no ownership rights... as they kept the members informed with financial statements... Then Raintree Resorts started managing the resort which was developed by Bancomer, a private bank in Mexico that changes hands and at the moment I do not know who owns it, ...It has been chaos for the members since then. You pay your fees but you can never get to the resorts especially during the spring or summer and winter months. They can accommodate you in the fall but that is all you get unless you pay upfront but they do not guarantee you a reservation, even if you pay your resort fee. They have never provided members with notices or meetings of their meetings and no detailed financial statements are ever produced even though my contract with Bancomer states that my club at the time VOC, needed to provide financial statements every year and that members had a right to vote on assessments. In my opinion, if we do not get financial statements, is because of mismanagement or possible fraud. Raintree has hired damage control PR individuals, so send all you complaints to the Texas Attorney General since they are in Houston, just like Enron was. Do not expect much from Texas as they blew the Enron case...So if you are in California go to the California Attorney General...they do a better job then Texas on consumer issues and lastly to the Federal Trade Commission with all your complaints...Post all your complaints every week and beware of the Raintree damage control individuals ...keep trying to get Financial information from Raintree and document everything that you send them and that they send you . We need to flush out the rats and get our money or club back.

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