• Report: #254282

Complaint Review: Galaxy Properties Management, S.A.

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  • Submitted: Wed, June 13, 2007
  • Updated: Mon, November 26, 2012

  • Reported By:Mooresville North Carolina
Galaxy Properties Management, S.A.
Calle Eusebio A. Morales, Edeficio Atlantida, P. Baja, APDO 8301 Zona 7, Other Panama

Galaxy Properties Management, S.A. Via Global Cash Card Dishonest "real estate" investment through Global Cash Card Ripoff Zona 7 Panama

*UPDATE Employee: Response

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My 80-year-old mother was talked into moving her life savings ($153,000) from a Pacific Life investment account to a "more stable and reliable" real estate investment with Resort Holdings, LLC. She received monthly payments until Galaxy Properties Management, S.A. took over. Then, she received four of the agreed upon payments until they were cut in half. She received four of the half-payments through May 2005. Since then she has received nothing else and we have heard nothing else from this corrupt company. She has been in an assisted living community since April 2006 and money is getting tight now. I keep writing letters to this company at the noted address, but have yet to hear back from them. Nor am I able to find out anything about them via the Internet. If anyone out there can give me any more information, I would greatly appreciate it.

Dorothy
Mooresville, North Carolina
U.S.A.

This report was posted on Ripoff Report on 06/13/2007 03:04 PM and is a permanent record located here: http://www.ripoffreport.com/r/Galaxy-Properties-Management-SA/Zona-7-Other/Galaxy-Properties-Management-SA-Via-Global-Cash-Card-Dishonest-real-estate-investment-254282. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.

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#1 UPDATE Employee

Response

AUTHOR: GlobalCash12 - (United States of America)

We apologize for any inconvenience however Global Cash Card is not affiliated with the company mentioned in this complaint.
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