Question: Dear Steve, I am an owner of some plots at Sanctuary Belize Am I likely to be allowed to keep the plots that I have paid for or was the whole thing a scam? Answer: It is amazing how a question so simple can be so complicated to answer. For those unaware, here are …
The Federal Trade Commission (FTC) has just filed a motion to hold Andris Pukke, Peter Baker, and John Usher in contempt in the case involving Sanctuary Belize. The court document submitted seems like it could have been shortened down to one sentence, “The named dudes can’t be trusted, lie, and defraud people.” The response would …
I still can’t believe the credit counseling failure known as AmeriDebt is still an issue we have to deal with all these many years later. In 2003 the Federal Trade Commission went after AmeriDebt for what was labeled as a fraud within the nonprofit credit counseling industry. The FTC is still chasing the company to …
In the ongoing saga of the Sanctuary Belize development that the Federal Trade Commission (FTC) went after that involved former debt relief bad boy Andris Pukke, it appears a participating bank is now teetering on the edge of closure. Atlantic International Bank (AIB) in Belize was a named defendant in the suit filed by the …
Yesterday I reported on Receiver Report On Sanctuary Belize And Andris Pukke Should Make You Want To Puke. The Receiver submitted his report on the development Sanctuary Belize, and other parties, that the FTC had sued. Pukke objected to a number of items in the Receiver’s report. My initial personal impression was he was objecting …
For anyone interested in the action the FTC has taken against the Sanctuary Belize development and people involved in it, here is a quick update. Court documents state that Andris Pukke is asking to get count frozen funds, thawed, so he can get “$8,000 per month for unspecified living expenses and $500,000 for attorneys’ fees …
If you want to get up to speed on the long train-wreck that is Sanctuary Belieze, click here. The FTC filed suit against the development in Belize after former debt relief company owner, Andris Pukke and others allegedly were engaged in deceptive marketing and false promises to separate Americans from their money. The court-appointed Receiver …
Let’s see if I can summarize this for everyone not up to speed. Andris Pukke is a long known figure in the debt relief industry. His appearance in the courts goes way back into the 1990s. The biggest explosion he was behind was a non-profit credit counseling company, Ameridebt. Sanctuary Belize was a real estate …
The Wall Street Journal has just published a new article on the mess that is known as Sanctuary Belize. The article appears to stem from the FTC massive complaint filed against the foreign development which has roots in the debt relief industry and allegedly targetted retiring Americans. The situation reads like a bad movie script. …
More documents are starting to trickle out in the FTC case against Ecological Fox which includes a vast number of parties. See this for more details on all. But in a previously sealed filing by the Federal Trade Commission (FTC) it appears one reason the FTC is going for the gold on this one has …