Lawsuit claims luxury travel company duped timeshare investors

LOS ANGELES – Luxury travel company Abercrombie & Kent has been sued for allegedly duping investors into spending millions of dollars to join high-end vacation clubs that weren't run by the tour group as they had believed. The plaintiffs claim they lost their investments – $100,000 to $1.3 million each – after the operator of the clubs went bankrupt. They said they would not have invested in the clubs had they known they weren't run and operated by Abercrombie & Kent, the lawsuit said.