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Thaivisa News

Irish man claims his house, land worth Bt65 million defrauded

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This is why you only invest what you can afford to lose they are a very crooked lot in phuket.

An often used, but, ultimately meaningless statement.

Ultimately accurate, I think you mean.

Those who invest, gamble or try 'get-rich-quick' schemes are usually doomed to failure.

So it is entirely accurate and meaningful to state 'only invest what you can afford to lose'.

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Tell me is there any shortage of trolls on here, a guy and his family have had everything stolen on them, they are fellow expats and from what i read, just drivel comes out of some people statements, quick and short troll comments, have you guys no intelligence or emphaty, what if it happened to you or your best mate or your family??

2 children locked in a water well and only for a neighbour found them they could have died!

Properties stolen with the full knowledge fo the family lawyer.

Trolls should be banned and their IP blocked in such circumstances. The whole meaning of an expat community is the word Community, a place of support and protection

You're coming to the wrong place if you're looking for empathy. The is the angry jaded farang portal of Thailand. Always has been. Always will be. Accept it.

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I saw that on TV yesterday. What the police spokeman explained was that the house was in the wife name. She used it as collateral for a loan she couldn't pay back. They went to court, the wife lost and the house was repossessed. Case closed. Unfortunetly a very common story.

Not to forget that the whole thing was most probably done in coordination with the wife's gik.

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Somyot said some cases have apparently ruled by court.

Anyone have a clue what this means?

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I saw that on TV yesterday. What the police spokeman explained was that the house was in the wife name. She used it as collateral for a loan she couldn't pay back. They went to court, the wife lost and the house was repossessed. Case closed. Unfortunetly a very common story.

The land was in the wife's name but the house was on a thirty year lease to her husband. They forged his signature to cancel his lease!

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This is why you only invest what you can afford to lose they are a very crooked lot in phuket.

An often used, but, ultimately meaningless statement.

Ultimately accurate, I think you mean.

Those who invest, gamble or try 'get-rich-quick' schemes are usually doomed to failure.

So it is entirely accurate and meaningful to state 'only invest what you can afford to lose'.

Please define the word "afford".

Any investor in any country does not go into an investment expecting to lose.

If there was, nobody would invest.

It's a meaningless statement and irrelevant advice.

That's my opinion as a successful investor in real estate in Thailand.

This is why it's

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I saw that on TV yesterday. What the police spokeman explained was that the house was in the wife name. She used it as collateral for a loan she couldn't pay back. They went to court, the wife lost and the house was repossessed. Case closed. Unfortunetly a very common story.

Do I understand it right, the loan was for 600 k? If the House is used as security, it should have been auctioned off, then the loan paid from the proceeds and if anything is left, it should have been given to the owners.

So a 65mil house should have had a hefty sum left after being sold to cover the Dept of 600K?

I am not familiar with the case, but something smells fishy. Could anyone explain what went on and how it was done? This might be beneficial for others, not to get trapped same way.

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A (rich) fool and his money...

So...let's get this straight, if the stories are true and top agencies, your own lawyers and the mafia conspire to rob you ....your a fool if you don't win against them ??????????

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This will be one same old useless topic, with just statements like "idiot farang and own fault and so on"

The point is without knowing the facts it is 99.99% sure he got cheated by these people, no wait pure corruption robbery.

Thank you to the few nice posters here. The man ran a business and got robbed.

Yes, TIT, and we are farangs and as long as we ALL will not stick up together due to stupid jealousy or selfish people, we will never be a community.

Most farangs here s u c k and you all know it.

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Somyot said some cases have apparently ruled by court.

Anyone have a clue what this means?

Unless appealed in time, ruled and case closed!

I am not even sure if the ruling could be appealed....

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Tell me is there any shortage of trolls on here, a guy and his family have had everything stolen on them, they are fellow expats and from what i read, just drivel comes out of some people statements, quick and short troll comments, have you guys no intelligence or emphaty, what if it happened to you or your best mate or your family??

2 children locked in a water well and only for a neighbour found them they could have died!

Properties stolen with the full knowledge fo the family lawyer.

Trolls should be banned and their IP blocked in such circumstances. The whole meaning of an expat community is the word Community, a place of support and protection

What you call trolls are most likely people that have been burned in Thailand, one way or the other... Their voice is just as valid as yours, whether you like it or not... Advocating banning people due to their views, however much you disagree with them, says more about you than them...

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One of the richest men in the world said 'if you drive it, fly it, or f....k it , rent it". Add this to the list here.clap2.gifwai2.gif

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