John,
Not to make light of your situation, with which I symphathize, but to me it is truly amazing that so many people bought into this timeshare, in the vast majority of cases buying on e-bay without ever having seen the property and without in most cases even visiting Belize! I mean, this is a TIMESHARE, which most savvy people understand is about the easiest way to waste your money short of dot.com stocks ... and this is BELIZE, where there are few or no laws about such developments.
In my magazine, I've written editorials and articles against time shares and their negative impact on Belize. Who wants San Pedro to become another Cancun or PV with its mass of timeshare hucksters? But of course those who want to make a fast buck will keep on trying to develop these things, and there will always naive, hungry people who will be lured into trying to sell them, and there will be buyers who don't know the meaning of caveat emptor.
I took the time the last time I was in San Pedro, in August, to see this development. While the location is beautiful, it's a long way from nowhere, with no electricity or other services. The units are little thatch "tiki huts" built a few feet from the water -- you could see the water stains at the bottom of the doors. If they make through the next storm, I'd be real surprised.
My own personal view is that recently management has made a sincere effort to resolve the various problems, and when I was there in August they had actually paid some money to Graniel and had started to do resume doing some work, but that at best there is a long way to go.
You can talk all you want about the FBI, but first of all these the FBI has bigger fish to fry, and second, this is Belize, not the U.S. U.S. rules don't apply.
Good luck.
--Lan Sluder
Belize First
http://www.belizefirst.com