Wednesday, November 11, 2009
Ray White Paddington Property marketeering Scam
Hadgelias Holdings is a property marketeering company which markets investment properties genraly on the gold coast Valuer george hadgelias the owner of ray white paddington which is owned by hadgelias holdings provides highly inflated valuations his son samuel a licenced real estate agent with ray white paddington markets the properties offering free return flights to the gold coast for huge sales commisions they sold a one bedroom unit to a retiree for $130.000 the unit was never worth more than $80.000 the promised rental return never eventuated and does not even cover the mortgage payments on the loan taken out with mortgage broker terry christo from loan market paddington another hadgelias holdings company buyer beware as the old saying goes if i's too good to be true it probably is
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