50 Swedish Home Buyers cheated to millions in Thai country

Up to 50 Swedish families and the disabled were cheated in a property scandal in Thai country. The investors have a dream of peace in Paradise in Bang Phra, but according to the Swedish tabloid Expressen they lost millions Swedish crowns in deals with the Thai Care, a company dominated by the Swedish citizens Mr. Curt Timhede.

The sale of three-room apartments and villas in the year 2006. Costumers liked what they saw at exhibitions and the Thai Care website. Swimming pool, rehabilitation centre, Schneider, security, everything was designed, suitable for families with children, people with disabilities and the elderly.

The buyers felt safe with the Swedish-speaking sales staff. And happy they made the necessary payments forward to get closer to their dreams.

According to Expressen, the money goes, started the same year in which each signature to a buyer followed with a deposit of 100000 crowns up to 1,000,000 million. The sale continued, and so the money goes, held in 2007.

Expressen called a total of 30 million Swedish crowns.

The first apartment was promised, ready in the middle of the 2006 / 2007 season. But a month after the other went by and nothing happened. At that time, the buyer will not worry about the financial disaster.

Curt Timhede had to Expressen, formerly declared bankrupt three times in Sweden, therefore has a huge debt to the Swedish government (Kronofogeden). And he never told its customers that the money was gone down the drain from the project. Living in a village further down the costs, in the village of Bang Sare, he was only silence.

To the Swedish tabloid newspaper he insists that it is not only customers were lured. He is innocent. His other people, destroyed the project.

Mr Timhede claims that he was betrayed by his Thai partners. Partners, he had to participate because it is illegal for foreigners to own land in the Kingdom. The Swedish businessman says that the problems are rooted in cooperation with a riddle Thai woman he had known for several years.

Mr Timhede that his sons are Swedish citizens like himself, and the Thai woman registered a company. And again, after the Swede, and the Thai woman faked husband Mr Timhede. Suddenly, the Thais had total control.

If there was even the slightest hope, among the buyers at least some of their money back, it is now forever gone.

The official papers in the country in Thai Land Department, says very clearly that the ownership of the land is taken from the bank, rent, the money at the beginning of the project.