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"the Beaches" Customers Lose 200 Million In Deposits

arachne
in Real Estate, Housing, House and Land Ownership

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Is there any way those people can either get their property or money? Will this prevent the project from being completed?

Thailand now has an Escrow Act.

I am sure we will hear about more of these incidents

before this current " downturn " is over so people

should insist the money goes into Escrow before

paying anything to anyone.

Thailand now has an Escrow Act.

I am sure we will hear about more of these incidents

before this current " downturn " is over so people

should insist the money goes into Escrow before

paying anything to anyone.

But "The Beaches" was a project being touted as holding the depoitors money in an Escrow account.

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