Tag Archives: Harlecon website

Stunning new allegations about Harlequin Resorts: misuse of investors’ funds, auditors refuse to sign off

Barbados Free Press issues Invitation to Harlequin Resorts

The investors’ insider website Harlecon.net published a Valentines edition that is a stunner. Surely somebody from Harlequin Resorts or the Government of Barbados can and will refute what is being said?

Barbados Free Press makes this offer to Harlequin Resorts and the Caribbean governments that have partnered with Harlequin:

The website Harlecon.net published extremely serious allegations against Harlequin Resort companies and the management. Should Harlequin Resorts or the partnering governments wish to reply to the allegations or make any other statements to our 2 million visitors a year, Barbados Free Press will publish the responses – unedited, exactly as submitted and feature them prominently without editorial comment.

Harlecon’s Valentine allegations against Harlequin Resorts

  1. Harlequin Resorts failed to file audited statements in UK and the Caribbean.
  2. Harlequin’s auditors are refusing to sign off on previous years accounts for Ames’s Caribbean companies.
  3. Banks and main stream financial institutions have walked away from the Harlequin Investment Fund.
  4. Ames Lied on oath with regards to having the funds to cover the completion mortgages.
  5. The Caldora “Harlequin Investment Fund” launched on Feb 10th 2012 “hope to make substantial loans available to Harlequin through the fund, subject to the fund being subscribed, in return the fund will take a legal charge over the different Resorts… So whether you can afford to pay for your own property outright or you are in a position to arrange your own mortgage Caldora will be given a first charge over the Resorts including your property.”
  6. Harlequin is using investors’ funds to outfit the Buccament Bay restaurant facilities, yet the investors have no stake.
  7. Barbados Government is not allowing Merricks Resort to build as close to the cliff as previously stated by Harlequin. As a result a great number of villas – sold and unsold – no longer exist. Many buyers are still unaware that what they purchased will never exist.
  8. Barbados Government still withholding full permissions for Merricks Resort.
  9. Merricks Resort has been sold below construction cost.
  10. H Hotel – Barbados project is running into many problems. Advertised April 2012 opening date has no relation to reality. Money raised through the sales of rooms in this hotel will now not cover the escalating construction costs.
  11. At Buccament Bay Harlequin is using investors’ funds to outfit the restaurant facilities, yet the investors have no stake.
  12. Occupancy Levels at the Buccament Bay Resort are some 25-30% BELOW average and this is including all the Harlequin construction staff staying at the Resort.
  13. Harlequin agents are informing prospective buyers and investors that the Buccament Bay Conference Facilities will open in July 2012, but construction hasn’t yet started.

Remember Folks… These are only allegations made by the anonymous blog Harlecon.net, so take them with a grain of salt. Do your research and make up your own minds about Harlequin and everything else.

We’ll be watching to see if Harlequin Resorts launches any lawsuit against Harlecon, and if the Harlequin companies or involved governments make any statements on the matter.

Full story and many more allegations at Harlecon.net

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Filed under Barbados, Business & Banking, Consumer Issues, Economy, Offshore Investments

Harlecon.net = Dead blog?

We’ve noticed that not a new word has been published on the controversial blog Harlecon.net in over three weeks, and there hasn’t been an original post in almost a month.

Have the authors of Harlecon.net made their point? Is there nothing left to tell? Are the whispers of lawsuits in the works giving pause? Or… is it simply the end of the year and everyone has a martini in their hand?

Whatever the reasons, Harlecon.net is as lifeless as the ex-wife of my old African Studies professor. I know about her because Professor “K” made her the butt of numerous jokes every class.

Harlecon: Where are you?

Cliverton

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Filed under Barbados

Harlecon.net averaging 4,500 visitors per day – 1.6 million annually

The Streisand Effect kicks in

My goodness! In only one week the controversial website Harlecon.net has gone from 1,000 visitors a day to over 4,500!

That is 1.6 million visitors a year on an annualized basis.

These numbers go up and down as we at BFP well know. Our best day ever was 44,087 visitors. Annualized that works out to 16 million visitors a year. HA! We wish!

The Streisand effect is a primarily online phenomenon in which an attempt to hide or remove a piece of information has the unintended consequence of publicizing the information more widely. It is named after American entertainer Barbra Streisand, whose attempt in 2003 to suppress photographs of her residence inadvertently generated further publicity.

… Wikipedia

Good for Harlecon.net

But let’s remember some reality: the website had a good week because BFP, Caribbean360.com and others linked to it after Harlequin Hotels and Resorts decided to emulate Barbara Streisand on South Park.

Is that really Harlequin’s own David Ames running amok with Barbara Streisand? The Streisand effect:

Memories, like the corners of my mind
Misty water-colored memories
Of the way we were…

As an aside, we notice that the Harlequin Property entry at Wikipedia seems woefully incomplete and out of date and does not reflect any of the controversy raging in Barbados and elsewhere. Interesting… we wonder how long until someone updates it.

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Filed under Barbados