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  • Report:  #558824

Complaint Review: SUNSET POINT BOCAS

SUNSET POINT BOCAS SUNSET POINT PANAMA, JOHN ROSS HAGEN, WALTER MICHAEL STEPHENSON, JOHN THOMAS MCKEON SUNSET POINT BOCAS - SCAMs and THEFT. John Ross Hagen, Walter Michael Stephenson, John Thomas McKeon Internet

  • Reported By:
    Sunset Point Bocas Investor — Axminster United Kingdom
  • Submitted:
    Sat, January 23, 2010
  • Updated:
    Tue, February 09, 2010

SUNSET POINT BOCAS about to go bankrupt due to theft and maladministration?


Do not invest one cent with SUNSET POINT BOCAS until youve read this:


SUNSET POINT BOCAS in Panama once looked to have been an idyllic spot for a beautiful Caribbean home. It has an interesting design and the location and views mean it could be truly spectacular.


Sadly this now looks unlikely to happen due to pathetically poor management, greed and alleged theft by the current CEO and directors. Instead it seems that the development is heading for bankruptcy.


Nobody is certain of the exact amount but it is alleged that the Sunset Point founding director JOHN ROSS HAGEN has stolen between $200,000 - $400,000 from the company bank accounts. But thats not all. ROSS HAGEN also appears to have been behind some very shady and disreputable practices including, but not limited to:


a.) Selling himself ridiculously cut-price lots.


b.) Illegal changes to the company structure.


c.) Siphoning off company money to finance the construction of his own house.


d.) Using company money to make unauthorised loans to his own family.


Then theres WALTER MICHAEL STEPHENSON the apparent Treasurer of Sunset Point. Hes alleged to have been complicit with ROSS HAGEN in the theft of the $200,000 - $400,000 of company funds. If he wasnt personally involved then why hasnt he informed the police as is his duty as company treasurer?


Now lets turn to JOHN THOMAS MCKEON, the man who is currently claiming to be the CEO of Sunset Point. JOHN MCKEON is a man so cowardly and inept that rather than deal with his long list of debtors hes taken to hiding his head in the sand in the hope theyll all go away. He makes promises that he fails to keep and is a documented liar. Whatever you do, dont believe a word that JOHN THOMAS MCKEON tells you.


In JOHN THOMAS MCKEONs own words, Sunset Point is near insolvency. With these three clowns at the helm how can they fail to continue to steer the company into bankruptcy.


JOHN ROSS HAGEN, WALTER MICHAEL STEPHENSON and JOHN THOMAS MCKEON, Directors and CEO of Sunset Point? In my opinion theyre not fit to be the company janitors!

1 Updates & Rebuttals


Sunset Point Bocas Investor

Axminster,
United Kingdom

DISPUTE NOW RESOLVED

#2Author of original report

Tue, February 09, 2010

I am the original author of this report.

Any dispute I may have had with any individual or company named in this report is now settled.
 
Any statements made by me in this report may not be truthful or factually correct and are hereby withdrawn.

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