1 of 2 brothers arrested in Orlando timeshare resale scheme

ORLANDO, Fla. — Officials have arrested one of two brothers accused of running timeshare vacation resale schemes that defrauded people in the Orlando area of more than $350,000.
 
The Department of Agriculture and Consumer Services announced the arrests this week. Gregory Davis and Jason Davis allegedly targeted timeshare owners by brokering false real estate transactions.
 
According to investigators, the men would contact timeshare owners and coax them into paying bogus advance fees.
 
Gregory Davis was arrested and charged with multiple felony counts, including organized scheme to defraud, unlawful use of a two-way communication device, unlicensed telemarketing, and operating as a real estate broker without a license.
 
Gregory Davis is being held in the Orange County Jail on $32,000 bail.
 
Jason Davis remains at large.

WFTV