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Report: #191743

Complaint Review: Galaxy Property Management S.A. - Panama Other

  • Submitted:
  • Updated:
  • Reported By: Prescott Arizona
  • Author Confirmed What's this?
  • Why?
  • Galaxy Property Management S.A. Calle Eusebio A Morales/Edeficio Atlantida, P. Baja ADPO8301 Zona 7 Panama, Other Panama

Galaxy Property Management S.A. This company was supposedly holding the interest earned on two leases I owned with Resort Holding. Ripoff Panama Or New Orleans LAor Carson City NV Other

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Galaxy was supposedly holding interest earned on two leases I owned with Resort Holdings/Yucatan Resorts, in The Avalon Grand Hotel in Cancun.

I purchased these leases 9/14/2001.

The State of Arizona is redeeming my initial investment over the next three years because of an uncontested settlement but has not addressed Galaxy Property Management who should have collected 11% for the first 3 years and 9% for the following 3 years.

Galaxy does not answer their telephone anymore. At first they had an answering service say the New Orleans hurricane had shut them down. This message was heard from after the hurricane through February. In March the message said their mail box was full.

Does anyone know a way to redeem these monies?

Marilyn
Prescott, Arizona
U.S.A.

This report was posted on Ripoff Report on 05/16/2006 09:51 AM and is a permanent record located here: https://www.ripoffreport.com/reports/galaxy-property-management-sa/panama-other-apdo8301zona-7/galaxy-property-management-sa-this-company-was-supposedly-holding-the-interest-earned-on-191743. 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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