Susan
  • Report: #1018982

Complaint Review: Lee Wiggins, GPD Investments

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  • Submitted: Sat, February 23, 2013
  • Updated: Sun, February 24, 2013

  • Reported By: John — Weymouth Other United Kingdom
Lee Wiggins, GPD Investments
GPD INVESTMENTS LLC, Dubai Dubai, Select State/Province United States of America

Lee Wiggins, GPD Investments , Dubai. UAE. Fraudster, Cheat, Liar and Coward. Dubai, Other

*Consumer Comment: Also Ripped Off

*Consumer Comment: GPD RIP OF BRITAINS IN DUBAI

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Back in 2008 I paid a 30% deposit on 2 off plan apartments within the International City development, Dubai. The deal was for 30% to be paid which would secure a unit within the development and which when finished would be fully furnished, come with a 3 year rental guarantee and a guarantee that finance would be available to fund the remaining 70%. My deposit payments were made to a company called GPD Investments whom Lee Wiggins is the Managing Director. Property Sales Agreements were signed by both parties, I believed that my money was being held in Escrow and all seemed well.

As the credit crunch began to take hold Lee Wiggins decided that with the fall in property prices it would not be worth building the apartments he had contractually agreed to build for his investors and cancelled the project. Since then he has refused to hand back any of the deposits he took from investors, which certainly runs into hundreds of thousands of pounds or even millions.

He has arrogantly refused to communicate with investors and using third parties to do his dirty work, tried different bullying tactics to get investors to either cancel their original contracts or part with further cash in order to swap into his other project, Empire Heights, without any fair consideration of the monies already paid.

This "man" is a despicable specimen, a fraudster, a cheat and a coward. However, what he does not realise  is that people have very long memories, a huge amount of resolve and tenacity and we, the investors, will chase him down until we either get our money back, see him imprisoned or both.

So, to any potential investors out there. Be warned! Do not invest in any projects that GPD Investments or Lee Wiggins is involved in. As Wiggins is also known to use an alias and operate other companies, if you are looking to invest in Dubai, please ensure he or one of his companies is not behind it. Otherwise you will get ripped off.

And if Mr Wiggins is reading this; We will not rest until justice is done and therefore you had better sleep with one eye open!


This report was posted on Ripoff Report on 02/23/2013 04:51 AM and is a permanent record located here: http://www.ripoffreport.com/r/Lee-Wiggins-GPD-Investments/Dubai-Select-StateProvince-/Lee-Wiggins-GPD-Investments-Dubai-UAE-Fraudster-Cheat-Liar-and-Coward-Dubai-Othe-1018982. 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 Consumer Comment

Also Ripped Off

AUTHOR: Mart - (United Kingdom)

I have experienced a similar treatment to John of Weymouth. I entered into a contract with GPD for the construction of a 1 bed fully furnished apartment with a rental guarantee and paid a 20% deposit which I was assured was to be paid into an escrow account pending completion of the unit.

My apartment was to in the 3rd phase of 5 units and was due to be completed approximately 12 to 24 months after the date of the signing of the contract. For some time all appeared to be going OK as I received periodic photographic information as to the progress of the unit. What I did not realise at that time was that the photos that were sent were not of my apartment block but of the first block. They clearly purported to be from the 3rd block but it seems that this unit has hardly been started.

As delay after delay was announced including some silly pressure to give Mr Wiggins more money to help him complete another development we have learned that the whole project has now been cancelled and there appears to be no intention on behalf of Mr Wiggins to return our deposits. I believe that the deposit monies have not been paid into an escrow account and the monies have been used by Mr Wiggins.

I wonder if the Saudi authorities are aware of Mr Wiggins activities as this sort of thing must be hugely damaging the reputation of the UAE as a safe country in which to invest.

All I can say to any potential investor in the UAE is to be very cautious and not to believe anything you are told. In particular I would urge extreme caution in dealing with Mr Wiggins or in any companies in which he (or any of his associates)  are involved
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#2 Consumer Comment

GPD RIP OF BRITAINS IN DUBAI

AUTHOR: thelaststand - (United States of America)

It has been more than six years since deposits were paid to GDP- at the time this was a British registered company. 30% deposits taken. Conveniently U.K. company has closed. The Dubai based company GDP has claimed to be building apartments in Int. City phase III - Lee Wiggins is refusing to pay back deposits as per PSA agreements. Many UK investors have paid large amounts of deposit which GDP has taken and not honoured PSAs. GDP has missed the delivery dates - there are no dates - there is no work on site - all these things mean GDP has not honoured the PSA Agreements and taken many peoples monies. 

Lee Wiggins director of GDP is not an honourable business man but one that will take your hard earned honest money and not honour the contracts with his company's name on it. I am an investor in GDP dubai projects for the last six years and have nothing - no apartment; no monies returned. Mr. Wiggins represents bad business. I am surprised that UK and Dubai based authorities such as Companies House or RERA have not seen behind the front that this man puts on. 

Everyone should know that doing business with GDP or more specifically Mr. Lee Wiggins means he will not honour his contracts and happily take your money. UK authorities and Dubai authorities should be investigating this!! This man has taken many peoples hard earned UK s across multiple dubai projects and is not honouring the PSAs. Maybe Watchdog or some journalist may wish to take this case up!!

 
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