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  • Report:  #191743

Complaint Review: Galaxy Property Management S.A.

Galaxy Property Management S.A. This company was supposedly holding the interest earned on two leases I owned with Resort Holding. Ripoff Panama Or New Orleans LAor Carson City NV Other

  • Reported By:
    Prescott Arizona
  • Submitted:
    Tue, May 16, 2006
  • Updated:
    Tue, May 16, 2006
  • Galaxy Property Management S.A.
    Calle Eusebio A Morales/Edeficio Atlantida, P. Baja ADPO8301 Zona 7
    Panama, Other
    Panama
  • Phone:
    7-866-644-4164
  • Category:

Galaxy was supposedly holding interest earned on two leases I owned with Resort Holdings/Yucatan Resorts, in The Avalon Grand Hotel in Cancun.

I purchased these leases 9/14/2001.

The State of Arizona is redeeming my initial investment over the next three years because of an uncontested settlement but has not addressed Galaxy Property Management who should have collected 11% for the first 3 years and 9% for the following 3 years.

Galaxy does not answer their telephone anymore. At first they had an answering service say the New Orleans hurricane had shut them down. This message was heard from after the hurricane through February. In March the message said their mail box was full.

Does anyone know a way to redeem these monies?

Marilyn
Prescott, Arizona
U.S.A.

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