Palm Development Famagusta Contd

SteveAustin



Joined: 10/03/2008
Posts: 202

Message Posted:
19/06/2011 20:01

When I told him I was planning to go to the police, he started palming me off with what I believe were lies.

He brought me into his office and told me he did not put the money into the apartment but had put it into hotels instead.

He sent me letters saying I could get my money back but that never happened. People should know what they are getting themselves into when they go near him.

O’Kanes firm Property International (Private Clients) Ltd was selling dream holiday homes ranging from £65000 to £750000 in the Palm Development. Another investor who asked not to be named secured a court order against Prorerty International for almost £75,000 after he heard the company had gone into liquidation.

He Said “ That court order is not worth the paper it is printed on”. Whatever assets there may be in the company will not cover the loss to the creditors so it doesn’t look like the money will be coming back. They know it would just be throwing good money after bad to take it to court because