After further research we have found out the following about the time share and obtaining money on deception scheme by IPIN Global and Bridgepoint Ventures llc with their partners in crime:
The scheme is actually if you do your research a time share scam traditionally associated with Spain where IPIN Global is based.
Secondly the scheme works by getting investors to buy a apartment rather then invest and uses that funds to fund the developer by releasing the deposit and provide an anual rate of return of 16-20% per anum. The investor then gets the property as security and his Secured Exit Strategy is that if it goes wrong he gets the property and worst case scenario the insurance company will pay out as its insured Equity.
Sounds as safe as houses well its a scam.
Firstly their model is providing Mezze which is the difference between bank financing and the equity required from a developer.
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