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[ 2012 ] Fairmont / Sunchaser / Northwynd official thread with lawsuit info!

Discussion in 'Canada Timesharing' started by htusa2002, Nov 22, 2012.

  1. Appauled

    Appauled Guest

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    Here is a thought, if enough people come forward to claim bankruptcy as I am sure many have been left with out an other choice given the FANTASTIC deal by our sharp negotiator and lawyer MG. Could this not force MG & NM to negotiate a better settlement or deal with the consequences of working with bankruptcy companies for several hundred timeshare owners? Is this not what is shaping up to be real outcome?
     
    dotbuhler likes this.
  2. Shake Down

    Shake Down Guest

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    Ya dig into FRPL Finance Collin Knight, more pieces and names start to fall into place. Here is an interesting link to check out.
    http://frplfinance.blogspot.ca/2010/02/key-personnel-frpl-finance.html
     
    dotbuhler and Petus@18 like this.
  3. Spark1

    Spark1 Guest

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    I feel you are talking about the Rancho Bandaras Resort in Punta Mita area Mexico. Am I right? I was staying at the Villa del Palmar Flamingos that year and we were in the hot tub and there was some lady’s that were from that resort and they were very upset about the high increases in maintenance fees. At that time I never new any thing about these White Collar Crooks. I can not remember what year that was. The brothers name I believe was Bryon.
     
    dotbuhler likes this.
  4. Timesharepain

    Timesharepain Guest

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    So is complaint regarding Gelbert or Northmont?? Not good at figuring all this out!!
     
  5. dotbuhler

    dotbuhler Guest

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    Competition Bureau is for NM, you need B.C. Law Society to pass on info about Geldert.
     
  6. Ultimate_Betrayal

    Ultimate_Betrayal Guest

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    So the time to have put your payment in the mail is pretty much at an end and I for one don’t feel real secure knowing we mailed our hard earned money to what I assume is Michael’s apartment where he must live with his wife Patricia.

    https://www.google.ca/maps/place/93...4d9881ef5689b!8m2!3d49.2790699!4d-123.1208517

    I can bet the concierge at the building has been told to expect to receive our individual package along with the other 1284 registered Canada Post packages coming and will do their best to look after a building tenants needs.

    I can only expect since the concierge doesn’t work for Michael that these packages will probably be just left sitting around as the concierge runs around doing their expected concierge stuff for everyone else who resides in the building. Just think all these packages are of no importance to them and with so many showing up all at once will become a real nuisance as this is not a business place where things could actually be handled professionally.

    Wonder if the concierge or janitor are bonded?

    Too bad we were specifically directed on how to pay – if Canada still had pennies it might have been fun to dig up and send 3,500,000 pennies delivered with a dump truck that can handle the 35,000lbs or 70,000 rolls it would take.

    Alternately since pennies are now out of favour in Canada I could have made Michael’s life interesting by using an alternate denomination:
    Denomination | Coins Required | # of Pounds | # of rolls
    Nickels | 700,000 Coins | 6096lbs | 17500 Rolls
    Dimes | 350000 Coins | 1350lbs | 7000 Rolls
    Quarters | 140000 Coins | 1358lbs | 3500 Rolls
    Loonies | 35000 Coins | 484lbs | 1400 Rolls
    Toonies | 17500 Coins | 267lbs | 175 Rolls

    Moving beyond the payment stage maybe we should look at hiring this guy as our investigator because maybe he can help to track down the real rodent in this mess.
     
    Last edited: Feb 15, 2018
  7. Spark1

    Spark1 Guest

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    Include Andrew Scheer with all your email to the governments. You can go back on your emails and send to Andrew. andrewscheer@parl.gov.ca. We need him to get after Trudeau to do something.
     
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  8. Spark1

    Spark1 Guest

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  9. Sunchaser Barbados

    Sunchaser Barbados Guest

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    That I am my friend, that I am.

    But it could be any one of the many properties they've failed at managing as a vacation resort. For example, the colossal failure Rafter Six Ranch. It's colossal because it was a quaint dude ranch that hosted the royalty of entertainment for decades. It was the poster child for the Western Canadian pioneering spirit. It prospered humbly for three decades. Always family owned and operated. But what happens? Wearing white hats and riding white horses along comes Collin Knight and Douglas Morcom. They are singing that city slicker song that goes like this, "Why shucks, there's hardly no tellin' what this here place 'il do when we bring our expert marketing and sales team to this here rodeo. Why yo'all 'ill have to start-up the Pony Express to get all yer money to the bank." And with illusions of bountiful prosperity, they convince the Crowleys, the couple that owned Rafter Six, to become world-class because, that's what Collin Knight and Douglas Morcom do, they convince people to spend their own money, they sell.

    Knight and Morcom both started their skullduggery in 1980 in sales at Fairmont. They are world-class at convincing; but, they are NOT world-class at operating.

    Fairmont Canada financed by FRPL Finance, I know you've heard of them before, partner with Rafter Six to create a world-class resort.

    And guess what happens? Anyone? It's easy. You've seen this before. That's right, little did Rafter Six know that back in town at the saloon sat the rest of the Knight Gang, the FRPL Finance Boys. Well, one boy anyway and three girls. Actually, the three girls weren't there either cause you wouldn't find them in a saloon. They never get too close to the dirty work. They don't really do any work at all. They're there just to throw 'em dam 'Revenoors' off the scent. They even use their maiden names to confuse the Sheriff.

    The boys in the saloon they're wearing black hats and have black horses hitched up outside. On cue, they mount those black horses and FRPL Finance rides into Rafter Six and forces Fairmont Canada into receivership, just like they forced Fairmont Vacation Villas into bankruptcy protection. This, of course, forces Rafter Six and the poor Crowley's into foreclosure. You know why? The Contract. The Crowleys, in reading their contract with Fairmont Canada realize they committed the land and buildings to the deal, never having even entertained the idea that it could go this far south.

    And we Sunchaser people think we got screwed.

    The Sheriff, he doesn't know what to do. He thinks its all just too bad. A 'dag gone shame.' he's overheard to have said at the barbershop. But the Sheriff, he didn't know about Rancho Banderas, Makaha, Costa Maya, Portofino, Oasis Resort, Lake Okanagan, 26-Houseboats and a caravan of RVs. He certainly didn't know about such things as Series A, B, 1 and 2 Mortgage Bonds.

    There you have it. All over again. Same story. Mostly the same characters. Different Sheriff naturally. And why did Rancho Banderas, Makaha, Costa Maya, Fairmont Vacation Villas, etc. all end up distressed and sold? It's certainly not because they weren't viable. Its because 'There's gold in them thar contracts". You just have to know how to write 'em, how to use 'em and, be willing to foreclose on widows and evict orphans.
     
    Punter, GypsyOne, MgolferL and 7 others like this.
  10. Been Around Awhile

    Been Around Awhile Guest

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    One would think you'd only have to say, Your Honour, "I submit into evidence: Rancho Banderas, Makaha, Costa Maya, Portofino, Oasis Resort, Lake Okanagan, Banff Rocky Mountain Resort, 26-Houseboats, a caravan of RVs & motorcycles, Fairmont Vacation Villas, Fairmont Platinum Vacation Club, FRPL REIT, Northwynd REIT. All bankrupt. Tens if not Hundreds of millions of investor dollars lost. Yet these people prosper. Your Honour the prosecution rests."
     
    Last edited: Feb 15, 2018
    dotbuhler, Punter, GypsyOne and 5 others like this.
  11. truthr

    truthr Guest

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    So they sharpened their skills on all the other properties not thinking for one minute that there would finally be a group that would fight back and expose what is behind the curtain.
     
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  12. Huckleberry

    Huckleberry Guest

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    Fight back, yes. Exposed them... not yet.
     
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  13. MgolferL

    MgolferL Guest

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    But we will... and with any luck the next judge might be known as Judge Roy Bean... and as I have said before... these types don't do well in jail...
     
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  14. GypsyOne

    GypsyOne Guest

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    Just a heads up that may or may not be relevant. I bought out in May 2017 and so far as I know a clean legal release from any liability. But I'm now getting phone calls from what is probably a scavenger hoping to horn in on the action. The call says that this is a serious time sensitive legal matter and that I have to return the call immediately to stop any further legal action against me. I don't return the calls because I don't want to open up communication with crooks, but if I did, I expect the message would be that they can stop any further action against me by sending them a sum of money. This wouldn't be Northmont, but possibly scavengers who have somehow got names of those who bought out. And of course it may not be tied to Northmont at all. But, a warning, and I'm wondering if anyone else has received similar calls.
     
    dotbuhler likes this.
  15. melamike

    melamike Guest

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  16. melamike

    melamike Guest

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    I like your creativity and also share some of your concerns even though they were presented 'cheek in mouth' the underlying fear is real. I think the release statement is not very clear and I'm not sure if Northwyn or Sunchaser management could come after us in the future - just not Northmont? The other thing that really concerns me is MG makes his own ''rules''. I mistakenly send the wrong document with my payment and so I emailed him and said I would send the right one. He wants it by tomorrow - not going to happen no matter what I do. I brought to his attention that Clause 9 in the agreement that say the document can be executed by email. In fact in can be executed by email by everyone on separate forms and in different places and when all the forms are together then it's collectively one document. At least that's how I read it. He insists he must have the form with original signatures. So here's my concern - if that clause is not holding up and executable then are there others that are not worth the paper they are written on? Just thinkin....
     
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  17. melamike

    melamike Guest

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    Meant to say ''tongue in cheek'' - it's been a long day!!!
     
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  18. Stung

    Stung Guest

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  19. dotbuhler

    dotbuhler Guest

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    CRA conducted major raids Feb. 14, 2018 on those named in PANAMA PAPERS!!! Trending news story, guys. Looks like if I wasn't hit yesterday, and my name was in the Panama Papers, I would be in a cold sweat right now. CALGARY and Greater Toronto Area were targets!
     
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  20. torqued

    torqued Guest

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    Can you help me put together a letter to USAFederal law enforcement regarding investigating this as a fraud money laundering scheme. You seem to have a very good understanding of their methods of extorting money from unsuspecting innocent people.
     
  21. Spark1

    Spark1 Guest

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    Was Michael Geldert the bill collector for Northmont asking personal questions eg.,how much money do you have in the bank,do you own a house,do you have a mortgage, do you own land, RRSP, Tax free saving accounts etc. I thought I read a post stating that was one of the pages you had to fill out if you picked item#1. Michael Geldert should be ashamed of himself having all of us believe that he had Northmont at the table and they will have to pay this $25.4 million and this would bankrupted them. How can you look in the mirror after you were part of taking $millions off of clients that trusted him? This is so corrupt and I have never experienced any thing like this in over 70 years.
     
  22. Appauled

    Appauled Guest

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    IGNORE THIS CALL. That has nothing to do with this timeshare fiasco.
    It sounds like the CRA Scam thats been going on for a few years. If you call back, they tell you CRA is owed money and if you don't pay the will commence legal action against you. Don't return the call and Ignore it.
     
    Last edited: Feb 15, 2018
  23. Shake Down

    Shake Down Guest

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    Its a long shot, anyone know if the corporate structure of companies they own are in some way connected to US security regulations/publicly traded even if they were Canadian and cross listed to US markets?
    The (SOX) act or Sarbanes-Oxley Act may be something to look into. US Congress passed this act back in 2002 The (SOX ACT) is designed to protect investors from the possibility of fraudulent accounting activities by corporations. The SOX Act mandated strict reforms to improve financial
    disclosures from corporations and prevent accounting fraud.
    Section 802 of the Act contains the three rules that affect record keeping. The first deals with destruction and falsification of records. The second strictly defines the retention period for storing records. The third rule outlines the specific types of business records that need to be stored, which includes electronic communications. This new Act had a lot to do with the ENRON and WorldCom scandals.
     
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  24. torqued

    torqued Guest

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    So was Collin knight the original builder/developer of Fairmont?
     
  25. Ultimate_Betrayal

    Ultimate_Betrayal Guest

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    So there are quite a few articles this morning about the Panama Papers but unfortunately this specific Sunchaser company no longer files taxes so basically no longer exists.

    Companies like this are essentially shell companies and as we know assets and money moves from one to another sometimes with and sometimes without the all the assets.

    The unfortunate part is gets difficult to track assets when changes occur through shells, geographical locations, and time so this probably will not help us unless someone can show how everything is linked together.

    News Article
    https://www.thestar.com/news/canada...s-raids-in-the-gta-calgary-and-vancouver.html


    Panama Paper Information – searchable website
    https://offshoreleaks.icij.org/nodes/101722595

    Sunchaser Resort Inc.
    https://www.ic.gc.ca/app/scr/cc/CorporationsCanada/fdrlCrpDtls.html?corpId=6181147

    Sunchaser Vacation Club Inc.
    https://www.ic.gc.ca/app/scr/cc/Cor...1518710474804&crpNm=sunchaser&crpNmbr=&bsNmbr=
     
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