Ricardo miranda we have not gone away !
News update April 4, 2010 - Ricardo Miranda lost Class A lawsuit from angry investors in Spanish fantasy project.
News update April 19, 2010 Nuria Piera removes Punta Perla broadcast from her website
News update date April 29, 2010 - Again a new Punta Perla website live at www.puntaperla.com
Also today - Sungolf - OVP lost another case in Spain on April 23 - puntaperla.wordpress.com
News Update MAY 6, 2010 from Spanish Lawyer Antonio's blog:
"....... there is sufficient evidence to consider criminal prosecution against Ricardo Miranda Miret, the director of the company at the time (and still is) and its shareholders Rosa MarÃ*a Prado Rubio and Javier Espinosa"
"If one reads the article and analyses how the whole plan was concocted, it seems clear that there was not the slightest intention to build and sell 395 units in Estepona by either Sungolf Desarrollo Inmobiliario S.A or OVP, respectively, but just to extract €30 million to buy into the Dominican Republic Punta Perla development, which makes this a massive swindle equivalent in size to the Fortuna Land scam although with an international component"
Click on Antonio's blog above to read the full content. Or go to this copy secured by Dominican Watchdog
It looks like the presure from angry investors who lost money on the other Ricardo Miranda projects is building up from around the world. Lawbird and CostaLuz in Spain has together more than 20 pending cases against Sungolf and OVP. A group of Irish investors who have invested in both Estapona and Punta Perla is preparing a massive law suit against Ricardo Miranda.
Dominican Watchdog has received copies of emails from Pellerano Herrera and Guzman in the Dominican Republic. One thing is clear from these emails. Mark Andrews post about the land being without mortgage and free of any liens is NOT true! Furthermore the law firm can only confirm that Paraiso Tropical has just under 2,5 Million M2 of land and not the 10 Million as advertised. Dominican Watchdog is still waiting to see the proclaimed valuation of USD 2 Billion from the Dominican National Bank which Mark Andrews claims to have seen.
Here is a part of the email from Wed, 5 May, 2010 0:30:07 :
...............Regarding the matter of reference we have conducted an informal investigation on the lots as the only assets indentified in the Dominican Republic under the control and property of Paraiso Tropical, S.A.
In that sense, parcel No.67-B-20, D.C. 11/3ra. with an extension of 94Has., 23As. and 10Cas, and Parcel No. 67-B-18. D.C. 11/3ra. with an extension of 09Has., 96As. and 07Cas, by ruling from the Land Court, have been merged into one piece of land under Title Deed number 1000018253, with an extension of 2,429,299.50 Meters Square, property of Paraiso Tropical, S. A. and are affected by the following liens, oppositions and litigation:
a. First Mortgage on behalf of Inversiones Mijarma, S. A. of USD$15,000,000.00
b. Opposition on behalf of Oscar Rachell DomÃ*nguez.
c. Notification of Real State Litigation on behalf of the Land Court according to official letter of August, 13th, 2007 Notification of Real State Litigation on behalf of Carlos Sánchez, Andrés Liester MartÃ*nez, Inversiones CCF, S. A., Chesley Investment, S. A., Internacional de Valores, S. A., Boreal S. A., Centros Comerciales Dominicanos, S.A. and Adzer Bienes RaÃ*ces, S. A., according to notification of December, 09th, 2009................
end of email from Domincian law firm
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ATTENTION:
Yesterday MAY 5th 2010, Dominican Watchdog sent an email to Nuria Piera for an explanation about why her webcast about Punta Perla was removed from her website after 9 days of showing. In the interest of international consumers protection and until escrow accounts has been established for Punta Perla consumer warnings from national and international media is required.