Jerome J. Cohen

JEROME J. COHEN is President of Mego Financial Corp. since 1988, and its
wholly owned subsidiary Preferred Equities Corporation, which is a
leading resort timeshare company with eight resorts located in Florida,
New Jersey, Colorado, Nevada and Hawaii, trading as Ramada Vacation
Suites. Mr. Cohen served for many years on the Board of the American
Resort Developers Association, which is the major timeshare industry
organization in the United States. Mr. Cohen went through High School in
Long Beach, NY. Following Honorable discharge from the United States
Army he joined his family in Miami where they had relocated. He
graduated from the University of Miami Law School in 1951, and entered
the real estate and construction business. He also practiced law in
Miami until 1962 at which time he relocated with his family to
Philadelphia where he entered the corporate field. Mr. Cohen has
continued as a corporate executive up to the present time and has headed
three different public companies over the years.