N.J. businessman sentenced to 27 years in prison for $3 million timeshare scheme

A South Jersey businessman will spend 27 years in prison for his involvement in a $3 million conspiracy to scam timeshare owners by offering fraudulent consulting services to customers.

Adam Lacerda, 31, of Atlantic County, was convicted in September 2013 of defrauding hundreds of timeshare owners through the Egg Harbor Township-based Vacation Ownership Group LLC (now VO Financial), according to the FBI.

Source