- Report: #1097473
Complaint Review: Juan Luis Del Rio Grenados - Grenada Internet
Reported By:
Marco Gallo -
palm beach gardens, Florida,
Submitted:
Updated:
-
Author Not Confirmed
Why?
Juan Luis Del Rio Grenados
Be Live Hotel, Hamaca Beach Grenada, Internet, Spain
Phone:
34 662 2996 15
Web:
N/A
Categories:
Business Rating:
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Juan Luis Del Rio Grenados, Mariela Adraina Reyes Fraud, Scam, Rip Off, Securities Scam, Theft, Criminal, Insane Liar.... Grenada, Spain. Boca Chica, Santo Domingo. Bahama Grenada Spain
Back in March of 2013, Juan Luis Del Rio Grenados from Spain met us in the Bahamas and represented himself as an investor. We currently have several real estate projects in the Bahamas we are trying to fund. He then proceeded to ask if we would do a "Gray Screen transaction" with him stating that he had Saudi and Russian money behind him. After investigating we decided that we would not participate as this could be a way of laundering money. He then mentioned he could do BG's from HSBC or Deutsche Bank or a top European Bank. We did a full background check on Juan Luis including his passport (BB316746) and could find nothing previous in fraud. He mentioned that to do two $1B BG's would cost about $200,000 in banking fees, call option fees and so forth and that he has done many of these before. The two BG's would allow us to fund both of our projects fully. Our local attorney made some phone calls to the European Bank (Bandenia) with offices in Spain and England and verified the process and that Juan Luis was a good and trustworthy client. The deal was papered up, contracts were signed and the BG's were supposed be purchased and concluded within 60 days! We sent the funds to his lawyers account Mariela Reyes from the Dominican Republic.
After 60 days, then 90, then 120, then 150 we got very nervous and all along Juan would just say one excuse after another, "oh they need more paperwork" "oh they need documentation" all along he was just lying and buying time. After 7 months he became silent and no longer communicated with us. So in short he stole the $200,000, became physically involved with his attorney, his now "partner" and partner in crime, who is in Grenada, Spain with him. He refuses to return our money, he refuses to complete the transaction, refuses to be transparent. Its truly amazing how many lies we caught him in, everything that came out of his mouth or his attorney Mariela mouth were lies that compounded more lies until we caught them. Nothing but a liar, thief and criminal, he needs to go to jail for stealing and pretending to be a lending entity when all he really was doing was promising instruments he could not deliver on. Beware, Beware, Beware, DO NOT DO BUSINESS WITH THESE CRIMINALS they will find a way of ripping you off!!!!!
