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Retirement dreams on Chiang Mai "Hi-So Hill" shattered as foreigner pensioners conned into buying forestry land

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1 hour ago, Totster said:

A fool and his money are soon parted.

 

It is the buyers responsibility to carry out due diligence.

 

totster :)

I totally agree, but the Problem is, how can you do Due Diligence if most of the lawyers are corrupt as well.

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4 minutes ago, theguyfromanotherforum said:

 

....which you can rent and lease

 

4 minutes ago, theguyfromanotherforum said:

 

....which you can rent and lease

Who is going to maintain a nice garden in a rented house. It's pretty easy to pick the rentals in our village, weeds a metre high, a general air of neglect, plus I would never own an animal if I was renting, but to each their own.

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1 hour ago, NCC1701A said:

I rent everything in the Land O' Scams.

 

Everything.

 

This sounds like the Phuket scam where the land office, attorneys and real estate agents were all working together to skin the old Farangs alive.

 

 

I used to know an old Dutchman back home who was introduced to me as "The Anarchist."  But  he used to say "Everyone needs to own their car and home, but if it flies, floats or F€$&s, rent it."  Ironically for the last "f" he was happily married with two lovely daughters.  Home and car were a bit different back home from here but you get my drift, you old potential anarchist, you!!

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1 hour ago, mstevens said:

On the contrary, I don't think "everyone" knows that at all.  A lot of foreigners think that it is ok and are tricked by anyone from an insincere partner to lawyers without ethics to some who just about qualify for the description professional scammers.  It's sad that these sorts of scams are so common and it's a blight on Thailand that more is not done to prevent them from happening.  The sums involved are huge and the financial losses are potentially ruinous.

 

Plenty of clever (and immoral / unethical) talkers in LOS working in real estate both farang and Thai.

 

Also plenty of naive potential 'customers' who often come from countries where scamming people is severely punished so these folks expect it's the same everywhere. So sad. 

 

Hoping the developers name etc., is revealed so people know who to totally avoid. 

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Truly sad how people plays with out people life savings and their dreams . 

Instrad of the faceless or what ever the BS is , hope these people do get proper justice some how . 

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2 hours ago, CNXBKKMAN said:

The over riding constant about property ownership in Thailand is that foreigners can't  own land/ houses. Evertbody knows that except young children. If you then go ahead and buy a property in the knowledge you cant legally own land/property you cant really complain when it later goes tits up! Only invest in what you are happy to walk away from. 

Bravo.  Good advice. I have everything here but own nothing except my clothes and laptop. Am quite happy but am also extremely lucky to have met the right lady.

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That looks like the place after Doi Tham temple on the left side. When I remember well this project was started by a Dutchman. It used to have a website also but I can not find anymore. Can anybody confirm ?

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1 hour ago, mstevens said:

On the contrary, I don't think "everyone" knows that at all.  A lot of foreigners think that it is ok and are tricked by anyone from an insincere partner to lawyers without ethics to some who just about qualify for the description professional scammers.  It's sad that these sorts of scams are so common and it's a blight on Thailand that more is not done to prevent them from happening.  The sums involved are huge and the financial losses are potentially ruinous.

 

1 hour ago, mstevens said:

On the contrary, I don't think "everyone" knows that at all.  A lot of foreigners think that it is ok and are tricked by anyone from an insincere partner to lawyers without ethics to some who just about qualify for the description professional scammers.  It's sad that these sorts of scams are so common and it's a blight on Thailand that more is not done to prevent them from happening.  The sums involved are huge and the financial losses are potentially ruinous.

Unfortunately it is often Farangs themselves who set up the scams. Retirees trust them because they believe they are more reliable than Thais.

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Obviously they didn't do their due diligence.

Caveat emptor .... 

Sounds like they were trying a swifty ...

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2 hours ago, NCC1701A said:

I rent everything in the Land O' Scams.

 

Everything.

 

This sounds like the Phuket scam where the land office, attorneys and real estate agents were all working together to skin the old Farangs alive.

 

 

Are you too conservative to buy a car? Dont live in a bubble...

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Yet again the development is only discovered after it has been built, is up, running and occupied.  It is not even far from the road. Like the ones on beaches, surely someone in authority is able to spot the building and stop it.  Now there will be all the fuss, expense and negotiations over whether to demolish or not.  More cost and heartache for the victims.

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2 hours ago, hgma said:

names, companies, developers and agents?

Land sale business in their wive's names....ha ha

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Kudos to the crack detectives at the Forestry Dept for getting on this before it got out of hand!.. :coffee1:

DD1DF615-8D1F-4BCF-B019-D3169912BEC4.jpeg

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We were offered land near a coffee shop/cafe not far from the CM Night Safari ,was truly a beautifil setting.When I asked about the chanote it was met with "don't have no problem" obviously we walked away from it.The  cafe has been closed by the uthorities and the land  and buildings retaken.Notice from Army on front gate.

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