FINCA PARCS ACTION GROUP - NO BANK GUARANTEES

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25 Nov 2009 12:00 AM by Keith110 Star rating in the UK and I am lead.... 681 forum posts Send private message

FINCA PARCS ACTION GROUP - NO BANK GUARANTEES

For almost 3 years I have been part of a group of 8 Finca Parcs purchasers who were never issued with the legally required Bank Guarantees from Cleyton GES/Finca Parcs and CAM Bank.  We reserved in November 2006 and have been chasing the developer and bank since that date.  During this time we have collected a huge amount of correspondence and evidence in this matter.

In the last 2 months our group has grown to 31 Finca Parcs purchasers with a total of 40 plots and we are adding new members each week.

I am co-ordinating the group and we have submitted all the required data to Max Kite at Finca Parcs Refunds.  Max Kite has been like a breath of fresh air and has replied to every email I have sent him on behalf of the group.  In 3 years of dealing with Cleyton GES we have never received such prompt responses to our communications.  Unfortunately, Max Kite is only employed by Cleyton GES solely for the collection and collation of data and as such his role is very limited.

As a group we have supported the refunds process by submitting the required data (copies of Sales Agreements and Bank Transfer Documents) and allowing Cleyton GES some time to carry out negotiations with the Arab Investment Group who we understand are interested in purchasing Cleyton GES/Finca Parcs for the value of the debts.  However, we now feel the Refunds Process is taking far longer than originally stated and we still have no tangible evidence to suggest that it will lead to a refund as promised.

In their last official communication issued on 9 November 2009, Cleyton GES stated:

To date, we have collated approximately 95% of all of the documents necessary for us to calculate the precise figure for the new investment company.


Until we have a 100% of the documentation it is not going to be possible to give the exact completion date for each client but we are hopeful to be able to give all concerned a solid date by Christmas.

May we reiterate the urgency and utmost importance that the few outstanding clients contact us by internet or telephone to facilitate the transfer of documentation, so that we can bring closure to this complicated situation.”

Therefore to avoid Cleyton GES continuing to use the above as a reason for delay, we would urge all Finca Parcs purchasers with or without Bank Guarantees to register with Max Kite at Finca Parcs Refunds either by telephone on:
0034 686767921 or by email to: refundsfincaparcs@hotmail.com

Purchasers with Bank Guarantees should then be able to execute their Bank Guarantee with CAM Bank.

However, as a group, all without the legally required Bank Guarantees, we are determined that justice must prevail and all innocent purchasers who were never issued with the legally required Bank Guarantees should receive a full refund together with the addition of legal interest.  This is a very serious and complex situation and therefore as a group we are unable to give a 100% guarantee of success to anyone, however you can be sure we will leave no stone unturned in the fight to uncover the truth and recover our deposits.

We have legal representation in this matter from Maria Luisa de Castro of Costaluz Lawyers and have secured a reduced level of legal fees due to the number of purchasers in our group.

Our legal team have studied the case together with a professor of Spanish Law and we are now ready to commence legal/criminal proceedings in this matter.

If you have NOT received the legally required Bank Guarantee from CAM Bank and Cleyton GES and would like to join our group then please send me a private message via EoS or send me an email with your name and plot number.

I will then reply with full details of our group and the information we require from you.

Kind regards


Keith
FINCA PARCS ACTION GROUP

Email:           fpag@btinternet.com
Mobile:          07956 375749
Intl:              0044 7956 375749



_______________________

LEY 57/1968
CLICK HERE FOR THE BANK GUARANTEES IN SPAIN WEBSITE

       
      

fpag@btinternet.com



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02 Dec 2009 6:56 PM by Keith110 Star rating in the UK and I am lead.... 681 forum posts Send private message

FINCA PARCS ACTION GROUP - UPDATE

Our FINCA PARCS ACTION GROUP now consists of 35 purchasers with 44 plots between us and we are adding new purchasers each week.

We are ready to commence legal / criminal action against CAM Bank and Cleyton GES.

If you are a Finca Parcs purchaser who has not received the legally required Bank Guarantees from CAM Bank and Cleyton GES please email us urgently.

By joining our action group you will benefit from much reduced legal fees based on the amount of our group claim.

Kind regards

Keith
FINCA PARCS ACTION GROUP

Email:           fpag@btinternet.com
Mobile:          07956 375749
Intl:              0044 7956 375749



_______________________

LEY 57/1968
CLICK HERE FOR THE BANK GUARANTEES IN SPAIN WEBSITE

       
      

fpag@btinternet.com



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Previous Threads

Lack of Confidence in the Latest information - 4 posts
CAM BANK REFUSING TO PAY INTEREST ON BANK GUARANTEES - 14 posts
REFUNDS LAS HIGUERICAS FINCA PARCS - 51 posts
full refund + interest - 5 posts
GILLS DAUGHTER DOES A RUNNER - JUST LIKE ANTONIO - 5 posts
Phase 2 deposit refunded - 8 posts
Phase 1 Success - I've got all of my money back!! - 3 posts
CAM BANK ARE STEALING YOUR MONEY - 0 posts
DAVID HAMMERSTEIN - MEP - 26 posts
PRIVATE MESSAGE ME TO JOIN CLASS ACTION AGAINST ANTONIO AND CLAYTON GES - 8 posts
DAVID MILLIBAND - FOREIGN SECRETARY - 10 posts
Return of deposits for latter phases - 17 posts
How do you get your car through the gates to your property??? - 3 posts
Hotel Cenajo Closure - 1 posts
Completion dates - 9 posts
Denise - 1 posts
Update on site (visited last week) - 40 posts
ANYONE HAD THEIR COH YET? - 0 posts
David Bailey - 0 posts
update on Finca parc - 63 posts
The Finca Parc guarantee. - 0 posts
Getting deposits back - 2 posts
And its goodbye from all of us as well - 4 posts
FACTS OF THE MATTER ARE ......... - 40 posts
finca parcs - 0 posts

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