Complaint Review: Global Investments Incorporated Limited - Manchester
- Global Investments Incorporated Limited REEDHAM HOUSE, 31 KING STREET WEST, Manchester , United Kingdom
- Phone: 441914355651
- Web: www.globalinvestmentsincorporated.c...
- Category: Construction
Global Investments Incorporated Limited Global Investments Incorporated Limited, Manchester based property scam, beware when buying property in Detroit, USA Manchester Manchester
*Author of original report: Court Settlement
*Author of original report: Evidence
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I first came into contact with Global Investments Inc. when they sent an email, advertising a freehold property in Detroit for under $9,000.
As the property was advertised so cheap, I questioned the condition of the property & quality of the tenant. Scott Neve assured me that the property was in a good condition & claimed that Global Investments Inc. would not advertise bad stock. As I couldn't find any bad reports about Global Investments Inc. I decided (foolishly) to do business with them.
The very next day after I decided to go ahead, the Managing Director of Global Investments Inc. John O’Donoghue sent me a contract to sign. Shortly after, I transferred a £2,950 finder’s fee into their bank account. And that's when they went quiet...
After a radio silence of nearly one month, I finally got a hold of the M.D. John O'Donoghue, who assured me that the countersigned contract should come shortly. After this, Global Investments Inc. went quite again for almost another month.
Finally after weeks of chasing, I got a hold of John O'Donoghue, who said that I should start looking for another property as they had failed to get a tenancy agreement/proof of rent from the seller. However he said to wait at least another week to make a final call. After this, and again, Global Investments Inc. went quiet for one month.
Finally, and out of sheer frustration, I send an email requesting a refund. John O'Donoghue replies the very same day to say that he disagrees with me & refuses my request for a refund. He asks to speak in person.
A couple of weeks later, John O'Donoghue calls me after arranging time to speak, and claims that Global Investments Inc. never got a rental contract from tenant living at the property, and that the condition of property was not good (although I was assured by Scott Neve that the property was in a good condition before parting with £2,950). I make clear to John O'Donoghue that this had never been brought to my attention for the entire 3 month period since I commenced doing business with them and parted with £2,950. John suggested looking for a different property. After thinking, and even mulling over an option of buying a different property, I decide a refund is what I should be pursuing, as by now I had lost all faith in Global Investments Inc.
Another month later, John O'Donoghue refuses my second email request for a refund, saying that he will answer me fully within a few days. Again, Global Investments Inc. go quiet on me, and this time for many months.
For many months, and after parting with £2,950, I was told and lead to believe by Global Investments Inc. that they were working with the seller to close the sale for me, the buyer. To this day, I have never received a countersigned contract, a survey of the property and photos etc. For £2,950, I have received bugger all, bar stress and frustration.
Recently, I learned the property that Global Services Inc. was listed and delisted for sale on Realtor.com a few days before they sent out a mass email to their contacts advertising the property for sale, and therefore suggesting possible fraud and negligence on their behalf.
Global Investments Incorporated Limited has refused all attempts of mediation. They are registered at the U.K. Companies as: Nature of Business (SIC): 68100 - Buying and selling of own real estate. However they are not members of the two U.K. property ombudsman’s.
Name & Registered Office:
GLOBAL INVESTMENTS INCORPORATED LIMITED
REEDHAM HOUSE
31 KING STREET WEST
MANCHESTER
M3 2PJ
Company No: 08462386
Company Type: Private Limited Company
This report was posted on Ripoff Report on 03/28/2015 07:21 AM and is a permanent record located here: https://www.ripoffreport.com/reports/global-investments-incorporated-limited/manchester-m3-2pj/global-investments-incorporated-limited-global-investments-incorporated-limited-manchest-1218760. 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. READ: Foreign websites steal our content
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#2 Author of original report
Court Settlement
AUTHOR: - ()
SUBMITTED: Monday, August 22, 2016
Global Investments Incorporated was ordered in court to refund fees I had paid to them. Global Investments have since paid me in full.
#1 Author of original report
Evidence
AUTHOR: - ()
SUBMITTED: Sunday, April 12, 2015
- If you don't comply with the law, you could be banned from working as an estate agent
- If you ignore a ban, you could be prosecuted and fined.
- Informing clients about offers
- Informing clients about your services to buyers
- Make misleading statements
- Falsely describe a property
- Show bias against potential buyers
- Who is an estate agent
- Who cannot be an estate agent
- Call yourself an estate agent or describe yourself in some other way
- Work for yourself or for someone else.
- You deal with people who want to buy or sell freehold or leasehold property, throughout the UK: this includes commercial and agricultural property*
- You do this as part of a business
- You act on instructions from a client.
*Global Investments Incorporated does deal in UK property (see attached image). As per the law, ALL agents MUST join a government authorised redress scheme.
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