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  • Report:  #1520388

Complaint Review: Investment Properties Mexico

Investment Properties Mexico Richard Houghton, Wally Thomas Investment funds were received for hotel investment in tulum region with 12% initial returns. Company never returned the funds Cancun Playa del Carmen, Q ARoo

  • Reported By:
    Matthew — Eau Claire wi United States
  • Submitted:
    Wed, August 10, 2022
  • Updated:
    Wed, August 10, 2022

Invested with Investment Properties Mexico a total of 307,000 in 2016.  I had invested previously through them with an investment club which seemed to be working out well so decided to invest more on my own. 

They took my funds for a potential hotel build which was planned to be built and would earn 12% until the hotel was built at which time investors would have part ownership in the property.  I was updated on the planned project but then the Wally Thomas went dark. 

Richard Houghton later contacted me and confirmed they would return my funds but needed a few months.  They never did so. 

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