(Houston, TX)  –  A Las Vegas telemarketer and seven others face charges of conspiracy, fraud and money laundering.

Federal prosecutors say 62-year-old James Jariv and several members of his family have been named in the four-count indictment.

Jariv and the other defendants are accused of conducting a timeshare resale scheme, where owners paid advance fees in exchange for willing buyers.  Prosecutors say the buyers did not materialize.

The firms conducted business in Las Vegas, Houston, Los Angeles, Chicago and Seattle.