A timeshare fraud scheme has been uncovered, targeting seniors in the area. The scam, allegedly run by cartels, has resulted in significant financial losses. The scam involved various methods of communication, including emails, phone calls, and text messages.

Further details on the scheme are available from KTSM 9 News. It is reported that the total loss due to this scam is around $400M, as stated by Patel. For more information on this timeshare fraud scheme, readers can refer to the source.