Castlewood?

[Jackie_Cheng1234]

For those who had invested with variable returns. There will not be any 2nd payout meaning return is nil. I have been trying to contact castlewood since Jan 16 this year and they keep asking me to wait for another 2 weeks. Whenever, I called them and said I want to go down to their office, they will said my sales representative is either busy or overseas and ask me wait for another 2 weeks again and again.

It was only I managed to talk to this angmo (head of compliance) after much questioning, he said that I will not be getting any returns cos the company is not making any money in 2015.

upon hearing this, I said I want to exit as there is a clause in the contract that I can exit early. He said that it was too late as my exit plan is only in March 16.

No returns no exit option. Me and my husband started to get very worried about our investments.

Not to mention about the free hotel stay. When we tried to book in Jan 16, the portal prompt a message saying that the bookings is full.

We really don't know what we can do at this moment. Can anyone help us? Give us any legal advice?

I exercise my early exit in 2016 but a lot of problems, until now never see money. Can anyone tell me if you are interested to seek legal proceedings? We can share a lawyer.

 

[JuniorLion]

Yes! What should we do? Make police report? Or shall we all hire one lawyer to deal with castlewood?

You should have reported the case to the police long ago.

 

[cubana]

walaneh the website marking scam lah. like that also can attract $.

seems like all it take is some stylo graphics, AMDK CEO with a ******** resume n some exotic resort property can scam liao.

 

[hwmook]

walaneh the website marking scam lah. like that also can attract $.

seems like all it take is some stylo graphics, AMDK CEO with a ******** resume n some exotic resort property can scam liao.

And you still got hardcore supporter koala2004 here. He also disappear from this thread now that it turn out that people here are right afterall.

 

[Shion]

And you still got hardcore supporter koala2004 here. He also disappear from this thread now that it turn out that people here are right afterall.

He still comes online but not to this thread at all

 

[Silverback84]

Smells like a scam.

 

[dork32]

He still comes online but not to this thread at all

koala post mainly in edmw.

 

[susi22474]

Calling out to all castlewood investors

Castlewood investor here. Submitted early exit nov 2016. Told to wait 1yr for payment. But now confirmed they dont intend to pay at all.
I m new so cant pm or reply to others. Pls reach out to me. I have exit letter signed by ceo which i thk can use to file police report for breach of contract.

 

[susi22474]

I exercise my early exit in 2016 but a lot of problems, until now never see money. Can anyone tell me if you are interested to seek legal proceedings? We can share a lawyer.

Pls contact me

 

[susi22474]

For the second year there's no payout. Annual audited FS indicated loss position.

Pls pm me. See my post abt castlewood.

 

[susi22474]

I've received some info of not rocking the boat as there seems to be an eventual payout and settlement so everyone is to keep silent about it and not activate the authorities, who would screw up plans.

Pls pm me. Abt castlewood.

 

[susi22474]

They haven't given any returns for 2015 and 2016. The future projection also looks bleak. Complete change from the positive projections at the time of selling the investment.

Any Castlewood Group investors out there
facing the same problem.

Pls pm me. Abt castlewood.

 

[susi22474]

Any updates or news about Castlewood's Dream Phuket Hotel & Spa. Would like to engage in some discussions here.

Pls pm me if u r castlewood investor

 

[susi22474]

hi koala,
can pm me too. ? i m newbie in posting and cannot pm others yet.

thank you!

Pls reach out to me if u r castlewood investor

 

[susi22474]

So far no news for 2nd payout

Pls pm me if u r castlewood investor. M also investor.

 

[susi22474]

Any updates on 2nd payout?

BTW, some sales rep from CWG called me today asking me to join their Ambassador Program. In a nutshell, I would get a referral fee of $6k if I successfully refer someone to invest with them. They said that the investment would be in a 5 star hotel in Laguna, Phuket, which is already fully operational.

Pls pm me if u r castlewood investor.

 

[susi22474]

Castlewood investor here. Submitted early exit nov 2016. Told to wait 1yr for payment. But now confirmed they dont intend to pay at all.
I m new so cant pm or reply to others. Pls reach out to me. I have exit letter signed by ceo which i thk can use to file police report for breach of contract.

Any other castlewood investors here?

 

[Dinofan]

Hi I am also an investor and need support. New here unable to pm

 

[Dinofan]

Realise I needed to do 10 posting in order to pm, pls don't blame me for spamming

 

[Dinofan]

Susi22474 are you around, can I link up with you