I have been there. Confirmed it's a travel time share scam. The boss is a caucasian, IIRC, he's blond and is a Swede.
They are quite desperate!
First, the offer was $10K by installments. As I was not working and studying at that time, they gradually lower the installments until $90/mth; the lowest....
Can't remember what is the reason I gave them to get away. Finally at the end of the session as promised, I was given a voucher for free accommodation to some out of the way travel resort e.g. micronesia.
The trick was that you have to fax in apply months in advance and the admin office was in bangkok with no telephone #.
It's a matter of how to say 'NO'.
Try checking the link below: