Argon Holdings – related to timeshare sales in Mexico

The California Department of Business Oversight has been notified that Argon Holdings is offering escrow services to consumers in connection with the sale of their timeshares through Advanced Realty AL without a license.

Argon Holdings lists an address of 11444 West Olympic Boulevard, Suite 402, Los Angeles, California 90064, with the phone numbers (818) 732-8341 and (866) 345-4432, and a website address of www.argonholdings.com. Argon Holdings is not licensed to conduct escrow activity by the California Department of Business Oversight.

The Department advises consumers that using a licensed escrow company affords protections under state law related to disclosures, fees and protection of funds, and provides recourse should there be a dispute with the escrow company.

California consumers should contact the Department of Business Oversight to check on the licensing of companies, investments or other financial services they are considering by visiting the financial services licensee listing or calling the Department’s toll-free Consumer Services Office at (866) 275-2677.