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Commerce action stops a “bait and switch” timeshare scheme- Falsified Commerce license used to deceive consumers


Wed, Nov 14th, 2012
Posted in All State of Minnesota

SAINT PAUL, MN – The Minnesota Department of Commerce recently took action against Renaissance Marketing of Property for running an alleged “bait and switch” timeshare scheme that targeted consumers across the country. The Commerce Department ordered Renaissance Marketing of Property to immediately halt further activity in the State of Minnesota.

“Renaissance Marketing of Property appears to be nothing more than a wolf in sheep’s clothing,” said Commissioner Mike Rothman. “The allegations from consumers indicated this company misled, deceived, and intimidated consumers to believe there were buyers for their timeshares at inflated values with the intent to collect outrageous fees and commissions to line their pockets. The Commerce Department put a stop to any further activity of this company in Minnesota.”

The Commerce Department received complaints from numerous individuals from across the United States who had been approached by Renaissance Marketing of Property in connection with the sale of their timeshare properties. In October 2012, the Commerce Department commenced an investigation regarding the marketing and sale of timeshare properties by Renaissance Marketing of Property.

The investigation revealed that Renaissance Marketing of Property allegedly utilized a “bait and switch” tactic in which timeshare owners were solicited to sell their timeshares to an unknown third party at an inflated price compared to the timeshare’s actual value. The company then requested a 10 percent fee based on the inflated price, which was required to be wired to a bank account in Mexico. In addition, consumers were asked to pay a seven percent commission fee.

Included in the order was the allegation that Renaissance Marketing of Property used aggressive and abusive tactics to collect the seven percent commission once the contract for purchase of the timeshare had been signed by the owner of the timeshare. It was reported to the Department of Commerce that the company used the threat of a collection action if the payment was not made by the selling consumer.

To bolster market credibility for consumers, Renaissance Marketing of Property allegedly used a forged Department of Commerce license to represent itself as a licensed real estate broker in the State of Minnesota. Their website advertised the company as “one of the largest Saint Paul property management companies managing ind .....
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605 drunk driving arrests to-date during statewide campaign

Fri, Aug 31st, 2012
Posted in All State of Minnesota

ST. PAUL — Minnesota law enforcement officers have arrested 605 drunk drivers two weekends into a statewide DWI enforcement campaign, according to Department of Public Safety (DPS) Office of Traffic Safety preliminary reports. The Drive Sober or ..... 
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2012 motorcyclist fatalities pass 25-death milestone

Fri, Aug 17th, 2012
Posted in All State of Minnesota

ST. PAUL -- The number of preliminary Minnesota motorcyclist fatalities hit 26 following a deadly July when seven riders were killed, tied with May for deadliest month of the year for riders. This year’s rider deaths are slightly up compared to th ..... 
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2012 MOTORCYCLIST FATALITIES PASS 25-DEATH MILESTONE

Thu, Aug 9th, 2012
Posted in All State of Minnesota

ST. PAUL -- The number of preliminary Minnesota motorcyclist fatalities hit 26 following a deadly July when seven riders were killed, tied with May for deadliest month of the year for riders. This year’s rider deaths are slightly up compared to th ..... 
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Safety Reminder from Minnesota Energy Resources

Thu, Aug 9th, 2012
Posted in All State of Minnesota

Rochester, MN – Minnesota Energy Resources reminds everyone on August 11, or 8/11, to call 8-1-1 BEFORE attempting any projects that require digging. Calling the “8-1-1 Gopher State One Call” should be the homeowner and contractor’s first ste ..... 
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Add Immunizations to Your Back to School Checklist

Thu, Aug 9th, 2012
Posted in All State of Minnesota

The following is an unpublished Op/Ed from Commissioners Brenda Cassellius and Ed Ehlinger, and University of Minnesota Amplatz Children’s Hospital representatives Kathie Taranto and Joe Neglia. This Op/Ed is being sent for use in your paper ..... 
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SDA Announces Assistance for Socially Disadvantaged Farmers and Ranchers

Thu, Aug 9th, 2012
Posted in All State of Minnesota

WASHINGTON, August 8, 2012 - Agriculture Secretary Vilsack today announced the award of 70 grants to tribes, educational institutions and non-profit organizations across the country to conduct training, outreach and technical assistance for socially ..... 
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MDA issues consumer advisory for recalled organic grape tomatoes

Wed, Aug 8th, 2012
Posted in All State of Minnesota

ST. PAUL, Minn. – The Minnesota Department of Agriculture (MDA) is alerting consumers to the recall of Menno Beachy brand Certified Organic Grape Tomatoes after routine testing by the Department found a sample of the product to be contaminated wit ..... 
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HEALTH OFFICIALS INVESTIGATE DEATH DUE TO SUSPECTED AMEBIC INFECTION

Tue, Aug 7th, 2012
Posted in All State of Minnesota

The Minnesota Department of Health is investigating the death of an elementary school aged child due to suspected primary amebic meningoencephalitis (PAM), a very rare form of meningitis caused by an amoeba associated with warm freshwater. Confirmati ..... 
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