Gaby L Posted November 18, 2021 Share Posted November 18, 2021 Dear all, I signed purchasing contract back on 2020 January and paid 30% down payment about 60k USD to Palm Ocean--the Pattaya developer , they canceled this project but also refused to refund the down payment i paid , I hired attorney its been a year back and forth but the local Police department including high ranking polices are protecting the developer and not helping the buyers, its such a scam, I need help ,any one has advise ?I m in the U.S. Gaby 1 Link to comment Share on other sites More sharing options...
Popular Post Halfaboy Posted November 18, 2021 Popular Post Share Posted November 18, 2021 Try to contact the Office of the Consumer Protection Board. This is quite a powerful and active body. Good luck ! Website : https://www.ocpb.go.thComplaint online : https://complaint.ocpb.go.thContact us : Call 1166 , Email : [email protected] Provincial : City Hall in every province 4 Link to comment Share on other sites More sharing options...
Gaby L Posted November 18, 2021 Author Share Posted November 18, 2021 thank you ,will do! Link to comment Share on other sites More sharing options...
Popular Post WEBBYB808 Posted November 18, 2021 Popular Post Share Posted November 18, 2021 Really! You think you have rights here as a foreigner? Everything here is geared to give the locals the edge. If you are married, buy a house, put it all in her name, as many do, and yes there are ways around this, but still many still put everything in the spouses name. Then after a bit you learn it isn't going to work, and you get an attorney to divorce, and get your half. The attorney will certainly take your money knowing all to well he is supposed to represent you, but he or she can do nothing. She would have to sale the house and then give you a portion. Guess what the house will never be sold. What does this have to do with your situation? Nothing and everything! If you didnt put measures in place before they see you coming, then you can do absolutely nothing. This whole system is designed to give the locals the advantage always. Did you have a written contract? 3 1 1 1 Link to comment Share on other sites More sharing options...
Popular Post WEBBYB808 Posted November 18, 2021 Popular Post Share Posted November 18, 2021 20 minutes ago, Halfaboy said: Try to contact the Office of the Consumer Protection Board. This is quite a powerful and active body. Good luck ! Website : https://www.ocpb.go.thComplaint online : https://complaint.ocpb.go.thContact us : Call 1166 , Email : [email protected] Provincial : City Hall in every province Yeah, and the developers of the monstrosity sitting in front of Bali Hai are getting their money back, and giving to the investors who have lost millions. If laege conglomerates can't get their money back then what chance does the little man have. I see this all the time. Most of the time people end up spending many times over the actual cost of a project just to get what they originally wanted. 3 Link to comment Share on other sites More sharing options...
Popular Post MRToMRT Posted November 18, 2021 Popular Post Share Posted November 18, 2021 One the amazing things about living in Thailand. The lack of justice. 6 Link to comment Share on other sites More sharing options...
ezzra Posted November 18, 2021 Share Posted November 18, 2021 20 minutes ago, WEBBYB808 said: Really! You think you have rights here as a foreigner? Everything here is geared to give the locals the edge. If you are married, buy a house, put it all in her name, as many do, and yes there are ways around this, but still many still put everything in the spouses name. Then after a bit you learn it isn't going to work, and you get an attorney to divorce, and get your half. The attorney will certainly take your money knowing all to well he is supposed to represent you, but he or she can do nothing. She would have to sale the house and then give you a portion. Guess what the house will never be sold. What does this have to do with your situation? Nothing and everything! If you didnt put measures in place before they see you coming, then you can do absolutely nothing. This whole system is designed to give the locals the advantage always. Did you have a written contract? Rubbish... Foreigners have as much rights as Thais, well, almost, but this is an outright scam and unless the developer has gone bust and bankrupt deposits can be recuperated back through the courts of which the said scam artist will pay court's fees for the plaintiff... 2 Link to comment Share on other sites More sharing options...
Pravda Posted November 18, 2021 Share Posted November 18, 2021 You got scammed and I'm sure a lot of Thais got scammed too Link to comment Share on other sites More sharing options...
FritsSikkink Posted November 18, 2021 Share Posted November 18, 2021 (edited) 31 minutes ago, WEBBYB808 said: Really! You think you have rights here as a foreigner? Everything here is geared to give the locals the edge. If you are married, buy a house, put it all in her name, as many do, and yes there are ways around this, but still many still put everything in the spouses name. Then after a bit you learn it isn't going to work, and you get an attorney to divorce, and get your half. The attorney will certainly take your money knowing all to well he is supposed to represent you, but he or she can do nothing. She would have to sale the house and then give you a portion. Guess what the house will never be sold. What does this have to do with your situation? Nothing and everything! If you didnt put measures in place before they see you coming, then you can do absolutely nothing. This whole system is designed to give the locals the advantage always. Did you have a written contract? BS, get a proper lawyer. Edited November 18, 2021 by FritsSikkink 1 Link to comment Share on other sites More sharing options...
VocalNeal Posted November 18, 2021 Share Posted November 18, 2021 34 minutes ago, WEBBYB808 said: buy a house, put it all in her name, as many do, and yes there are ways around this, but still many still put everything in the spouses name. When in the west isn't the first house usually in joint names? No such a huge step to put it in wife's name? Link to comment Share on other sites More sharing options...
david555 Posted November 18, 2021 Share Posted November 18, 2021 Up to now i do not understand with all the warnings for years about buying of plan , they still keep coming and risk it however how much examples are shown.... Why ? , As there are so many already build new ones keeping not sold on market .... those at least are build and available.. but yes for those need of available complete money .... not money hanging on a cloud in the sky coming down in future This shall not be the last post , we know more other will come further 1 1 Link to comment Share on other sites More sharing options...
scubascuba3 Posted November 18, 2021 Share Posted November 18, 2021 I've not heard of that developer but maybe try to contact other buyers using Facebook and kick off a class action 1 Link to comment Share on other sites More sharing options...
xylophone Posted November 18, 2021 Share Posted November 18, 2021 5 hours ago, ezzra said: Rubbish... Foreigners have as much rights as Thais, well, almost, but this is an outright scam and unless the developer has gone bust and bankrupt deposits can be recuperated back through the courts of which the said scam artist will pay court's fees for the plaintiff... Not always I'm afraid, and where I am there are a few examples of developers not completing their projects and none of the investors recouped their deposits. In one particular instance the investors formed a group and pressured the local BIB to do something about it, because they had all the details of the developer, however the local BIB did nothing and the inside running was that he was too well known and connected to prosecute – – ACE Condominiums in this case. And another very large development which was abandoned here, called, "The Park Condominiums" has seen investors out of pocket. Like many things in Thailand, it depends who you are and who you know, and to whom you present "brown envelopes" that determine whether "justice" will be done. 2 Link to comment Share on other sites More sharing options...
pegman Posted November 18, 2021 Share Posted November 18, 2021 (edited) Best just to move on. You took a big gamble and lost. It would take days to read all the similar situations detailed in posts on ThaiVisa. Edited November 18, 2021 by pegman 1 Link to comment Share on other sites More sharing options...
LarrySR Posted November 19, 2021 Share Posted November 19, 2021 Kiss the money goodbye. This is Thailand dude. Didn’t you get the memo? 2 Link to comment Share on other sites More sharing options...
Dante99 Posted November 19, 2021 Share Posted November 19, 2021 On 11/18/2021 at 4:42 PM, scubascuba3 said: kick off a class action Is that type of legal action even legal in Thailand? Did not used to be back when. Link to comment Share on other sites More sharing options...
scubascuba3 Posted November 20, 2021 Share Posted November 20, 2021 14 minutes ago, Dante99 said: Is that type of legal action even legal in Thailand? Did not used to be back when. Someone posted a couple weeks ago that they are bringing it in, maybe available already, op can check Link to comment Share on other sites More sharing options...
BritManToo Posted November 20, 2021 Share Posted November 20, 2021 (edited) On 11/18/2021 at 10:52 AM, Gaby L said: I signed purchasing contract back on 2020 January and paid 30% down payment about 60k USD to Palm Ocean--the Pattaya developer , Sorry can't help you, but that was one large deposit. When I purchased off plan, deposit was 10kbht signing, and 10kbht/month (for 4 months) until ready to move in. There's always a danger building in Thailand, especially if you give the builder their profit up front. Edited November 20, 2021 by BritManToo 2 Link to comment Share on other sites More sharing options...
Dante99 Posted November 20, 2021 Share Posted November 20, 2021 20 minutes ago, scubascuba3 said: Someone posted a couple weeks ago that they are bringing it in, maybe available already, op can check poor quality information Link to comment Share on other sites More sharing options...
Hummin Posted November 20, 2021 Share Posted November 20, 2021 Did you seek out the rest of the investors in the project and discussed further actions? Link to comment Share on other sites More sharing options...
scubascuba3 Posted November 20, 2021 Share Posted November 20, 2021 1 hour ago, Dante99 said: poor quality information try harder to investigate if it's important to you 1 Link to comment Share on other sites More sharing options...
Hummin Posted November 20, 2021 Share Posted November 20, 2021 5 hours ago, BritManToo said: Sorry can't help you, but that was one large deposit. When I purchased off plan, deposit was 10kbht signing, and 10kbht/month (for 4 months) until ready to move in. There's always a danger building in Thailand, especially if you give the builder their profit up front. The more solid and trustworthy companies does yes, and then you have those with a bigger deposit, and 10% payback pr year promisses. Good luch always to those who fall for that. Nordic, New Nordic and so on 1 Link to comment Share on other sites More sharing options...
BritManToo Posted November 20, 2021 Share Posted November 20, 2021 Just now, Hummin said: The more solid and trustworthy companies does yes, and then you have those with a bigger deposit, and 10% payback pr year promisses. Good luch always to those who fall for that. Nordic, New Nordic and so on Yes, I was OK risking 50kbht on a new build, but $60K US you'd have to be bonkers. 2 Link to comment Share on other sites More sharing options...
Hummin Posted November 20, 2021 Share Posted November 20, 2021 2 minutes ago, BritManToo said: Yes, I was OK risking 50kbht on a new build, but $60K US you'd have to be bonkers. 50k baht 3 nights out only, so thats okay ???? Link to comment Share on other sites More sharing options...
Chad3000 Posted November 20, 2021 Share Posted November 20, 2021 (edited) Absolutely classic. Must be #1 rule in buying RE here...never buy off plan. 60k USD ouch. 60k THB not even one month of my school salary. Whatever. Edited November 20, 2021 by Chad3000 Link to comment Share on other sites More sharing options...
California1 Posted December 23, 2021 Share Posted December 23, 2021 Do you have an active court case and has mediation been set up through your lawyer and the defendant? Link to comment Share on other sites More sharing options...
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