I invested $25, 000.00 about six years ago. We were purchasing 2 1/2acres in Costa Rica for $65, 000.00. . The broker was in Florida. Our documents state that we maypay the balance at the end of five years or request the return of our money at the end of five years. My son went to visit and see the property but was detained overnight at the airport in Costa Rica. He and his wife were sent home the next morining with no explanation. We have not been able to reach Paragon Properties in Florida. The phone has been disconnected and our registered mail is returned without being delivered. What do we do?
Paragon Properties ( and many other affiliated names) offered undeveloped properties to investors promising development of utilites, gate house, pools, etc in 18 m0nths. Dis-satisfied clients could get their deposit. Upon payment in full, deeds would be provided. Deposits were NOT returned nor were deeds. Land was not developed.
Investors need to note the reality of their investment. They have been scammed. This is a ponzi scheme. The office in Hollywood FL is but a shell in a building with no signage. Phone messages are not returned. The company has no equity.
Action plan: Contact Tim Bevins at the Florida Attorney General's office, [protected]. Join a class action suit with Sarelson Law Firm in Miami Florida, phone #[protected]. Contact Autoro Blanco, [protected], if you have the corporate books to see if you deed is registered in a way to be switched to your name. Don't think that somehow Paragon will get financing when they are embroiled in law suits. Mr. Gale has been saying this for three years. Just empty promises. The company did not act in good faith and has not contacted investors over the years on the status of the properties. Moneys have been not been kept in escrow and appears to have been misappropriated for private use.
i am looking for anyone who invested with paragon and the development was in the Gables. i need a list of investors for this project. i have an attorney and a developer that will work to see what is needed to finish the project and what it would cost and also about the ownership of the lots. please call me [protected] buddy white
Any one who got scamed by Paragon Properties of Costa Rica need to report to the FBI right now, I just did, please follow this link http://www.ic3.gov/complaint/default.aspx Bill...
I have purchased 2 properties from Paragon Properties of Costa Rica located in Hollywood, FL. I purchased these properties almost 5 years ago and was told that the first property...
My name is stacey and I am a victim of fraud and theft by Paragon. You should call the FBI and AG of the state they are in which is FL. They have taken my husbands money and will not give it back! The FBI needs a few more compliants. They will GO to jail for what they are doing. They sell you corperations that you can not and DO NOT own! Its fraud and when you find out that it's fraud and ask for your money back they say NO! In my case they never even sent me a deed or SA. I have a meeting with a Federal Investigator and encourage other victims to do the same. They will wish they just gave back the money... No LLC or Corp is going to hide them from crimanl activities. You cant do this in USA and get away with it! Read the news Paragon!
Unhappy victim from the start