OK, here I go playing devils advocate and probably getting into trouble. Let me first say that this is not an attempt to defend the unscrupulous sales tactics used by some. Those are indefensible and unjustified in many cases and hopefully will do more harm to their business in the long run than what they might gain in the short term. And sorry Crackerlarry for using your example for my analysis, but unfortunately from your experience, it does bring up some points I think worth consideration.
I frame this in the context of impending regulations that Belize is apparently considering for timeshare sales. I know that it is and will always be impossible to have regulations that protect the consumer from, let me phrase it, themselves. Although I am in total favor of legislation like a right of recision.
Consumers will always be looking, as they should, for a "good deal". That is why you see so much marketing saying "two for one sale, limited time offer, factory liquidation, inventory over stalked sale", or any of the other terms used to project a better than normal time to buy.
Now as to the unfortunate experience with Captain Morgans, I am not sure that you could draft legislation that protect the consumer from what Crackerlarry was put thru. They apparently offered an incentive that lured him to their "spider web". Granted, it appears the offer of $2500 was not completely represented by enough fine print and disclaimers stating it was not cash but rather value. But this is a case where human nature is used to the advantage of the offensive sales person. The offer could have been turned down. "If it looks too good to be true, it probably isn't true." But anyway, a conscious and personal decision was made to check it out. Once there, the potential "victims" were made to feel they had no option other than to listen to the sale pitch holding on to the hope the $2500 in cash would materialize. Now in reality, and granted possibly not know to the "victims" and not disclosed to them by the sales people, but they could have gotten on the water taxi any hour they chose and gotten out of there and on with their planed day.

Now once again, I am not trying to in anyway justify Captain Morgan's approach. I think what they did was wrong and gives the island a bad reputation. My only point is, how do you prevent things like this from happening as long a people want the "good deal" or that "something for nothing." I can see much difficulty in trying to have regulations that will prevent all of this and protect everyone from themselves and their own greed. Is not personal responsibility just as much a necessity here as government regulation.

Just some food for thought. Please don't put me in the camp of supporting all of the timeshare sales tactics that go on, because I do not. But sometimes the picture is wider than what we limit our view to.

PS: Crakerlarry, thanks for sharing your unfortunate experience. Hopefully it will help others to avoid this sort to thing. It was totally missrepresented to you and should not have happened. I just am not sure how to prevent anything like this from ever happening other than doing just what you did and let others know what to watch out for.