The judgment ruled that TAPRC and SBBPRC acted illegally when it instructed timeshare members to pay their installments to SBBPRC, a Foundation recently set up by the TAPRC Board instead of to Simpson Bay Resort. Members were instructed to make payments to Oak View National Bank in Warrenton, Virginia where past TAPRC Board Chairman Robert E. (Gene) Albrecht, Jr. is the Chief Financial Officer.
The court ordered TAPRC and SBBPRC to retract the incorrect information and immediately notify recipients that payments must be made exclusively to Simpson Bay Resort. TAPRC and SBBPRC were also ordered to pay the cost of the court proceedings.
As of June 23, 2011, TAPRC has not fulfilled its court-ordered obligation to notify mortgagees they had no right to attempt to collect their payments, despite the fact that the attorney of TAPRC and SBBPRC has confirmed that they are aware of the verdict.
It is unclear at this time how many timeshare members were duped by TAPRC and SBBPRC and if their money will be returned. Some have voiced their concern that TAPRC and SBBPRC may ignore the court order and attempt to retain any funds it collected illegally in order to continue the agenda of its current leadership and fuel future frivolous litigation. Under the leadership of 2010 Chairman Christine D. Schlunz of Springfield, VA, 2011 Chairman Jeffrey M. Borowick of Roslyn, NY, and 2011 Legal Advisor Joseph S. Costa of Middle Village, NY, TAPRC has lost all of the cases against Simpson Bay Resort as well as all of the cases it initiated against other plaintiffs.
Timeshare members deceived by TAPRC and SBBPRC are encouraged to contact their local authorities as money illegally obtained by TAPRC and SBBPRC cannot be credited to each timeshare members' financial obligations for their intervals at Simpson Bay Resort & Marina.