Which? reader Steve Jackson is one of several people weve heard from who have been
caught out by the buy- and -sell scam . He already owned a time-share at the CaIa Blanca
resort in Gran Canaria when, in June, he was approached by Atlas Balear, his time share
management company. Atlas offered him a new time -share in Mallorca for £ 8,800 and
promised to sell his Cala Blanca time-share for £13,OOO -much more than its market value.
It gave him an agreement promising to refund the cost of the new time-share in Mallorca if
his own had not sold within six months. Steve bought the time-share at the Cala Pí resort
and heard no more. Six months later, he discovered that Atlas had never even put his
time-share on the market, let alone sold it.
Finally, in March, after forming an action group against Atlas, Steve
got his money back.
But other members of the group are still waiting to be reimbursed.