A Tampa man has been charged with fraud after state investigators said he was preying on those trying to sell their time-shares.
Dean Sherwood has been charged with 40 criminal counts, including grand theft, unlicensed activity and organized scheme to defraud.
Investigators with the state’s Department of Agriculture and Consumer Services said Sherwood ran Executive Transfer and Recovery LLC at 6711 N. 78th St. in Tampa. The department said the business would make unsolicited calls to people who owned time shares and tell them their time shares had been sold, then tell the victims to send money for closing fees and other costs. The business stole more than $270,000 from 13 people, investigators said.
Sherwood was arrested Wednesday and is being held in the Hillsborough County Sheriff’s Office without bond.