24 Mar '15, 12am

#GlobalREBubble #Singapore Investor issues warning: Do not invest in North Dakota Developments @SGPropertyGuru

#GlobalREBubble #Singapore Investor issues warning: Do not invest in North Dakota Developments @SGPropertyGuru

Comment E-mail to friend Bookmark & Share An investor who describes himself as a “victim” of an overseas North American property investment involving investments in motel accommodation has issued a warning to buyers from Southeast Asia to avoid investing with the firm. The company in question is American firm North Dakota Developments LLc, which has been selling its investments throughout Southeast Asia for more than two years. Its website indicates a regional office for the region has been established in Kuala Lumpur, Malaysia. Gaston Procopio told PropertyGuru : “ I have lost US$43,735, and I will not stop until I get my money back.” The investor from Europe noted there is a “pile of investor complaints” backed up by strong evidence, testimonials, statements and information from former company employees. He also alleges the American Federal Bureau of Investigations (FBI)...

Full article: http://www.propertyguru.com.sg/property-management-news/2...

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