INMUEBLES Y DESARROLLOS ARNAIZ SA de CV ramon toledo arnaiz real estate construction and development la jolla, California

22nd of Dec, 2011 by User942162

The federal court determined that since 1998 INMUEBLES Y DESARROLLOS ARNAIZ SA de CV defrauded multiple real estate investors across the country and in Mexico. As of 2011, nearly two dozen individuals have volunteered to become a part of the class action to take back the ill gotten gains acquired by . Judge Mathews found INMUEBLES Y DESARROLLOS ARNAIZ SA de CV guilty of fraud, constructive fraud, mail fraud and wire fraud. The class action lawsuit includes members from all walks of life and from across the country, most notably a vast majority are of
Hispanic descent. One plaintiff has dubbed Ramon Toledo Arnaiz the "Madoff of Mexico" for his grand theft of his fellow countrymen and women. Criminal charges are yet to be filed in the case against INMUEBLES Y DESARROLLOS ARNAIZ SA de CV and Ramon Toledo Arnaiz, but under California law the maximum prison sentence could be twenty to thirty years for swindling real estate investors. As of this writing estimates of losses near twenty to thirty million dollars over the course of a decade.

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Comments

4748 days ago by 7777

This is Bogus and erroneous information, I have invested with Ramon Toledo and I will tell you that he has a high degree of moral integrity. What your doing is damaging a well known and respected entrepeneur.Mr. Toledo is a visionary a pioneer in his field to say the least he has brought capital investment into Mexico and has thrive.

I don't know the reason why you put these post however, one thing is sure you don't know Ramon because if you did i grantee you that you would not put these awfully posts. There are many who will put there front on the line for Ramon because we know that he is great human being.

4738 days ago by CarlosEscalante

He is nothing but a con artist. A real fraud.

4738 days ago by CarlosEscalante

He is nothing more than a professional scam artist and fraudster.