LA QUINTA – Luxe Vacation Homes was running a rental “Ponzi scheme” to pay off future rentals with current rentals. “Imagine that, 50 houses, 45-thousand dollars for three weeks,” Quartez Wynn, a rental house manager, said. Luxe Vacation Homes received fifty percent of every transaction they made, up front. “That’s a lot of money,” Wynn […]
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Luxe Vacation Homes in La Quinta is now permanently closed but hundreds of people are asking for their money. Justin Steubs is the owner of Luxe Vacation Homes which is an agency that rents out short-term rentals for homeowners. “It’s about $1.2 million in liabilities,” Aleazar Lua, a former business partner of Steubs, said. Lua […]
