We wondered why the hit-o-meter was going wild from the UK on our Harlequin articles and then we discovered the reason why: a bunch of Brits purchased condo units in Thailand from Ames / Harlequin
and… and… Guess what?
Money gone, no condo…. that’s what!
One has to wonder just when this house of cards called Harlequin will finally run out of people willing to trade their cash for a promise that never arrives…
Is Thailand’s Attorney-General Moving Against Dodgy Developers?
Emerald Palace Visited By Police – Sensation
A controversial condominium project in Pattaya linked to a British company, which has taken billions of pounds for property projects, which have never been built, in the Caribbean and Thailand, was yesterday (Wednesday) visited by police and Pattaya Consumer Protection Officers.
Emerald Palace on Pratamnak Hill, Pattaya, initiated by David Ames of the British company ‘Harlequin’, could be described to have been raided but that may be stretching things. The visit was long overdue.
The project is a classic study on how foreign property companies in Thailand can rip off unsuspecting clients.
First of all some buyers, mainly British, but also some Russians, a Canadian and other nationalities, were sold units and were never even allocated one.
Secondly all the remaining buyers found that, when they came to occupy their rooms in the project which came in three years late, they had all been mortgaged to Thailand’s Kasikorn Bank. (One buyer found that his allocated unit was in fact occupied by the mistress of a bank official.)
And thirdly the original sellers, the people who took the cash, quietly removed themselves as directors.
And their company, which actually owns the project is not the company with which the buyers were actually dealing.
Emerald Palace was initiated by David Ames of Harlequin U.K. based in Basildon , Essex. Ames is a formerly bankrupt ex-double glazing salesman.