- Report: #992529
Report - Rebuttal - Arbitrate
Complaint Review: INMUEBLES Y DESARROLLOS ARNAIZ SA BUILDINGS AND DEVELOPMENTS SA ARNAIZ de CV
INMUEBLES Y DESARROLLOS ARNAIZ SA BUILDINGS AND DEVELOPMENTS SA ARNAIZ de CVInternet United States of America
Elsa Arnaiz, INMUEBLES Y DESARROLLOS ARNAIZ SA BUILDINGS AND DEVELOPMENTS SA ARNAIZ de CV tijuana, Internet
A business' first
line of defense
on the Internet.
If your business is
willing to make a
Click here now..
Judge Mathews found INMUEBLES Y DESARROLLOS ARNAIZ SA de CV BUILDINGS AND DEVELOPMENTS SA ARNAIZ guilty of fraud, constructive fraud, mail fraud and wire fraud. The class action lawsuit includes members from all walks of life and from across the country, most notably a vast majority are of Hispanic descent.
One plaintiff has dubbed Ramon Toledo Arnaiz and mother Elsa Arnaiz the "Madoffs of Mexico" for the grand theft of her fellow countrymen and women. Criminal charges are yet to be filed in the case against INMUEBLES Y DESARROLLOS ARNAIZ SA de CV and Elsa Arnaiz, but under California law the maximum prison sentence could be twenty to thirty years for swindling real estate investors. As of this writing estimates of losses near twenty to thirty million dollars over the course of a decade.
This report was posted on Ripoff Report on 01/07/2013 02:44 AM and is a permanent record located here: http://www.ripoffreport.com/r/INMUEBLES-Y-DESARROLLOS-ARNAIZ-SA-BUILDINGS-AND-DEVELOPMENTS-SA-ARNAIZ-de-CV/internet/Elsa-Arnaiz-INMUEBLES-Y-DESARROLLOS-ARNAIZ-SA-BUILDINGS-AND-DEVELOPMENTS-SA-ARNAIZ-de-CV-992529. 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.
Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report.
If you would like to see more Rip-off Reports on this company/individual, search here:Search Tips
In order to assure the best results in your search:
- Keep the name short & simple, and try different variations of the name.
- Do not include ".com", "S", "Inc.", "Corp", or "LLC" at the end of the Company name.
- Use only the first/main part of a name to get best results.
- Only search one name at a time if Company has many AKA's.