Question by I’m gonna start another riot: How do you feel about Mexico real-estate frauds & failures Americans claim Mexico stealing their money?
Arizona and Sonora state officials were bombarded with criticism Wednesday from more than 100 people at a Phoenix forum on real-estate frauds and failures in northern Mexico.
“You’re stealing our money,” said one American, facing Sonora’s tourism director. “You suck our money into Mexico, where you’ve stolen it.”
Thousands of Arizonans have bought property in Puerto Peñasco without problems, but an Arizona Republic story in November described how some buyers in a development known as Playa Norte, or North Beach, lost millions of dollars after the project became mired in Mexican court battles.
If Americans dare did anything like this we would have human rights abuse,they would be in the street protesting and demanding chargres be filed would you agree they would do this? On Wednesday, American investors spent 2 1/2 hours telling of what they said were land scams that victimized them through false contracts, unethical lawyers, altered property lines and unfulfilled promises.
Arizona Real Estate Commissioner Sam Wercinski convened the meeting to hear residents concerns because he and Gov. Janet Napolitano have received numerous complaints about rip-offs.
The crowd responded with angry challenges.
“My question is: When in the hell do you know that you have title, that you really own it in Mexico?” asked Monty Wallace, a 55-year-old Tucson resident who lost his retirement fund in Puerto Peñasco, also known as Rocky Point. “Everything, all my money . . . the Sonoran government is scamming us.”
http://www.azcentral.com/news/articles/0306rockypoint06.html
Is there some reason within the world of morals Mexico can abuse Americans and take their money with no one helping them help to recover their investments? Does Mexico even have to obey any laws and why isn’t the America Government doing anything to help these people? Folks we are taking about millions of dollars and Mexico gets away with taking money without anyone doing anything.Mexico claims it’s only one bad apple,sounds like a millions of dollars worth of bad apples.
Best answer:
Answer by Yak Rider
You know the old story about a fool and his money? They’re soon parted, right? Well, that’s what I think about this story.
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