Scamming “developer” (Part II)

Oct 28-nov 3, 2010

THE NORTHERN SPY

By Fe Claire TM Honor

My texting bubuwet says that the 10 Tagum landowners duped by the racketeering “developer” should bear all the blame for being so ignoramus to the obvious machinations of the “developer” given the MOA that favors more the latter. Estimate has it that the con artist got about P18 million from them, from Tagum City. This con man duped  the landowners who are ex-congressman, lawyer, a CIDG man, doctor and known to belong in the few landed gentry in Tagum City. This man boasting his firm with Ventures name accordingly has already the record of being involved in large-scale dubious housing/ raw lots selling in Davao City which already collapsed sometime and victimized lots of lot buyers. He was said to have “launder” his millions to Cebu, Gensan and Cag. de Oro  cities (in the word of that one ignoramus landowner victim), and the ignoramus landowner thought that the glib-talker “developer” has some kind of hipnotismo when talking to his victims.

 

 

Filed under: land scam in tagum, land scam in tagum

A scamming “developer” (Part I)

Oct 21-27, 2010

THE NORTHERN SPY

By Fe Claire TM Honor

There’s this text msg from my bubuwet that in Tagum City a “real estate developer” has hoodwinked around 10 landowners into putting their lands for housing projects. Include an ex-congressman. The “developer” contracted the landowners promising to bulldoze and develop their lands and bring them millions and millions of pesos. Months later this “developer” could only show professionally-drafted subdivision plans, vicinity and location maps, and other preliminary papers and failed to give the promised downpayment of millions to the landowners. So the landowners have nullified their agreements with him. My bubuwet says the nullification is good to the “developer” since he has already collected millions from initial downpayments and reservation fees of the lot buyers. One landowner said he never has never received even a single centavo from the collection of the “developer” he contracted. Good for that foolish landowner, an ignorant victim-in-waiting as he was earlier warned not to sign the MOA that obviously gives more leeways and advantages to the “developer”. The MOA has full of details that cleverly gives the “developer” a legal defense in case the landowners nga naluto sa sariling mantika would sue him for breach of contract.(to be continued)

 

 

 

 

 

Filed under: land scam in tagum, land scam in tagum