Cyprus-Forum.com

[Viewpoint]

YET ANOTHER case of property-buying misery has emerged this week, after a group of British expats invested in - and lost - hundreds of thousands of euros in a now bankrupt property firm in Cyprus.
Around fifteen parties purchased off plan property developments in three areas: Nata, Choletria and Nikouklia between 2004 and 2008 from MDE Nesta Homes Ltd, run by Adrian Mills, 40.
However, the projects were beset by problems from the start and after failing to repay the investors or attend court summons for bouncing cheques, Mills fled to the occupied areas and then to the UK.
Some were built on unsuitable ground, known as bentonite, while others were situated beneath loose rock faces that subside into the garden during rainfall. Others were never started.
One partially built property was declared unsafe in 2007 by an independent surveyor; Nesta did not complete the project.
Anne Hinton was fortunate enough to cancel her contract part of the way through what she calls a “botched” build. She was one of four investors who later won a civil court judgement against Nesta for more than €1 million.
However, the investors are still chasing the money which they believe was used to purchase the plots of land on which the houses were built.
A tearful Hinton told the BBC: “It’s caused relationship issues, family issues, my poor health and that of my family.”
Another investor, who wished to remain nameless so as not to jeopardise the ongoing legal battle, estimated that around €3.5 to €4 million was invested in Nesta homes. The investor said “(Mills) was very much a friend. He befriends people, wins their confidence and then we feel sorry for him. We supported him by around €25,000.”
The investor said Mills also claimed to be a commissioned army captain and a one-time bodyguard to Diana Princess of Wales.
Asked if he would take legal action against Mills, with whom he has not spoken since he fled Cyprus in 2008, the investor said “We are looking into taking legal action in the UK, but the company is in liquidation and to do anything in the UK we need the support of the Cypriot police.”
Jonathan Bennet, who paid €200,000 upfront for his property, told the BBC: “It's been a complete and utter nightmare. I have never suffered so much stress in my entire life and we see no end in sight.” Mills did agree to repay him, but wrote out cheques which did not clear.
Another hapless investor, Tom Owen, said “We were promised a dream home but we got a nightmare sight instead.”
April and Stephen Greenalgh paid €70,000 upfront, while another couple, June and Alan Ainsworth are owed more than €250,000.
When asked by a BBC if he was a conman or a bad businessman, Mills said: “I’m certainly not a conman by any means... bad businessman? Maybe I’d say I am too trustworthy. I trusted what somebody told me. I followed what I was told by what I thought was professional; architects, government bodies and I was let down by those parties.”
Mills later said that the properties were not completed due to delays by the planning authorities and that all of the money invested went into Nesta.

[paliometoxo]

it was ok when they run to the north and bought our stolen land though? then fought in court to keep it thinking it was ok

[Viewpoint]

it was ok when they run to the north and bought our stolen land though? then fought in court to keep it thinking it was ok

You are the ones who claim these scams only happen in the north. Egg on your faces yet again.

[paliometoxo]

no one claims this...

it just happens 10 times more in the north and with the help of your fake rape state leaders

[Jerry]

YET ANOTHER case of property-buying misery has emerged this week, after a group of British expats invested in - and lost - hundreds of thousands of euros in a now bankrupt property firm in Cyprus.
Around fifteen parties purchased off plan property developments in three areas: Nata, Choletria and Nikouklia between 2004 and 2008 from MDE Nesta Homes Ltd, run by Adrian Mills, 40.
However, the projects were beset by problems from the start and after failing to repay the investors or attend court summons for bouncing cheques, Mills fled to the occupied areas and then to the UK.
Some were built on unsuitable ground, known as bentonite, while others were situated beneath loose rock faces that subside into the garden during rainfall. Others were never started.
One partially built property was declared unsafe in 2007 by an independent surveyor; Nesta did not complete the project.
Anne Hinton was fortunate enough to cancel her contract part of the way through what she calls a “botched” build. She was one of four investors who later won a civil court judgement against Nesta for more than €1 million.
However, the investors are still chasing the money which they believe was used to purchase the plots of land on which the houses were built.
A tearful Hinton told the BBC: “It’s caused relationship issues, family issues, my poor health and that of my family.”
Another investor, who wished to remain nameless so as not to jeopardise the ongoing legal battle, estimated that around €3.5 to €4 million was invested in Nesta homes. The investor said “(Mills) was very much a friend. He befriends people, wins their confidence and then we feel sorry for him. We supported him by around €25,000.”
The investor said Mills also claimed to be a commissioned army captain and a one-time bodyguard to Diana Princess of Wales.
Asked if he would take legal action against Mills, with whom he has not spoken since he fled Cyprus in 2008, the investor said “We are looking into taking legal action in the UK, but the company is in liquidation and to do anything in the UK we need the support of the Cypriot police.”
Jonathan Bennet, who paid €200,000 upfront for his property, told the BBC: “It's been a complete and utter nightmare. I have never suffered so much stress in my entire life and we see no end in sight.” Mills did agree to repay him, but wrote out cheques which did not clear.
Another hapless investor, Tom Owen, said “We were promised a dream home but we got a nightmare sight instead.”
April and Stephen Greenalgh paid €70,000 upfront, while another couple, June and Alan Ainsworth are owed more than €250,000.
When asked by a BBC if he was a conman or a bad businessman, Mills said: “I’m certainly not a conman by any means... bad businessman? Maybe I’d say I am too trustworthy. I trusted what somebody told me. I followed what I was told by what I thought was professional; architects, government bodies and I was let down by those parties.”
Mills later said that the properties were not completed due to delays by the planning authorities and that all of the money invested went into Nesta.

What has this got to do with Greek Cypriots, Adrian Mills sounds, and indeed is, like a British name. A Brit stitches up Brits, why blame the ROC?

[Viewpoint]

YET ANOTHER case of property-buying misery has emerged this week, after a group of British expats invested in - and lost - hundreds of thousands of euros in a now bankrupt property firm in Cyprus.
Around fifteen parties purchased off plan property developments in three areas: Nata, Choletria and Nikouklia between 2004 and 2008 from MDE Nesta Homes Ltd, run by Adrian Mills, 40.
However, the projects were beset by problems from the start and after failing to repay the investors or attend court summons for bouncing cheques, Mills fled to the occupied areas and then to the UK.
Some were built on unsuitable ground, known as bentonite, while others were situated beneath loose rock faces that subside into the garden during rainfall. Others were never started.
One partially built property was declared unsafe in 2007 by an independent surveyor; Nesta did not complete the project.
Anne Hinton was fortunate enough to cancel her contract part of the way through what she calls a “botched” build. She was one of four investors who later won a civil court judgement against Nesta for more than €1 million.
However, the investors are still chasing the money which they believe was used to purchase the plots of land on which the houses were built.
A tearful Hinton told the BBC: “It’s caused relationship issues, family issues, my poor health and that of my family.”
Another investor, who wished to remain nameless so as not to jeopardise the ongoing legal battle, estimated that around €3.5 to €4 million was invested in Nesta homes. The investor said “(Mills) was very much a friend. He befriends people, wins their confidence and then we feel sorry for him. We supported him by around €25,000.”
The investor said Mills also claimed to be a commissioned army captain and a one-time bodyguard to Diana Princess of Wales.
Asked if he would take legal action against Mills, with whom he has not spoken since he fled Cyprus in 2008, the investor said “We are looking into taking legal action in the UK, but the company is in liquidation and to do anything in the UK we need the support of the Cypriot police.”
Jonathan Bennet, who paid €200,000 upfront for his property, told the BBC: “It's been a complete and utter nightmare. I have never suffered so much stress in my entire life and we see no end in sight.” Mills did agree to repay him, but wrote out cheques which did not clear.
Another hapless investor, Tom Owen, said “We were promised a dream home but we got a nightmare sight instead.”
April and Stephen Greenalgh paid €70,000 upfront, while another couple, June and Alan Ainsworth are owed more than €250,000.
When asked by a BBC if he was a conman or a bad businessman, Mills said: “I’m certainly not a conman by any means... bad businessman? Maybe I’d say I am too trustworthy. I trusted what somebody told me. I followed what I was told by what I thought was professional; architects, government bodies and I was let down by those parties.”
Mills later said that the properties were not completed due to delays by the planning authorities and that all of the money invested went into Nesta.

What has this got to do with Greek Cypriots, Adrian Mills sounds, and indeed is, like a British name. A Brit stitches up Brits, why blame the ROC?

Hello where is it being built? under whos regulations? under whos supervision?

[paliometoxo]

your leaders not only allow it in the north they encourage it and tried to sell our houses to the british and put them in this position with false security promises... from a rape state trying to become recoginsed

[Jerry]

Hello where is it being built? under whos regulations? under whos supervision?

A "businessman" runs off with the cash and goes bust and it's the fault of the regulations?

Go and eat another banana, it's a waste of time communicating with you.

[Viewpoint]

Hello where is it being built? under whos regulations? under whos supervision?

A "businessman" runs off with the cash and goes bust and it's the fault of the regulations?

Go and eat another banana, it's a waste of time communicating with you.

Scams happen all the time but GCs are the first to criticize the north, like its something unique to TCs.

[denizaksulu]

your leaders not only allow it in the north they encourage it and tried to sell our houses to the british and put them in this position with false security promises... from a rape state trying to become recoginsed

Palio, can YOU please define what a rape state is?