My Husband and I purchased a Universal Lease from Resort Holding International, RHI. A third party management company, Majesty Travel aka World Phantasy Tours, was to maintain and lease this propery in Cancun.
We were guaranteed a 9% return on our investment and the interest was to accumulate. Majesty later became Galaxy Properties Management S.A. Then I stopped receiving statements. I have heard recently that the whole thing is under investigation for fraud and misrepresentation.
I have been unable to contact the management company, Majesty Travel or Galaxy Properties, but was told their office was destroyed in a hurricane by RHI. RHI has acknowlegded my investment. I would like to be cashed out but RHI said they were not re-purchasing shares and I may not get my investment back until some other company buys the lease.
I've been in contact with the sales representative, Dee Marley whom sold the lease to us and he said to contact the US Attorney, Victim Witness Unit, Chicago D.A. Felice Whiler @ 312 886-4196 to learn about the investigation. She is mailing us the information.
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