06 Apr 2007 12:00 AM:
My wife and I invested in an off plan opportunity being marketed by a UK property company in 2004. Despite many assurances that the property would be sold it has not and we have recently had to complete on a property we did not want to own.
Now whilst this story is not uncommon in Spain, the fact that it was a UK employee of a company based in the UK is arguably different as the actions could be subject to UK law. We have since found out that there are at least 20 other people (some quite elderly) who have been misled into investing in off plan in Spain (a number on this development) and there are probably many more. This particular individual has since had his contract of employment severed by the company here in the UK, (no explanation given) however this has not prevented this person setting up his own company marketing investments in other overseas countries on an off plan high yield basis.
We are informed by solicitors in the UK that we can pursue a 'Class action' against this individual to sue him for losses incurred and ideally prevent him from being in business.
If you have invested off plan in the Playa Golf development, then we would like to hear from you to see if you want to join our class act to pursue this individual for compensation for losses incurred.
Please contact us by sending us your message.
Regards
Les & Cerys
This message was last edited by LesWilcock on 4/6/2007.This message was last edited by LesWilcock on 4/6/2007.
Community thread:
Arenal Golf
--------------------------------------