Monarch Grand Vacations - DO SOMETHING ABOUT IT!!!
Instead of posting all over the internet, why don't all you pissed off owners just file a complaint to BBB?It takes less than 10 minutes to do it, you can do it on-line, over the phone, in person or even mail it (after printing on line).
If you're still angry, take it further and contact your local news network or paper. If it sounds to good to be true, then it's usually some type of scam.
If it's a legal scam, the media is your best bet but fill out the BBB form as well.That's what they're there for