Thread: Btesh & Virzi Panama

A friend of mine has 2 lawsuits going on with this developer. From the stories I can only gather that they are the worst scum of the earth.

Anyone has had a good/bad experience with them?

Originally Posted by EdBowers

A friend of mine has 2 lawsuits going on with this developer. From the stories I can only gather that they are the worst scum of the earth.

Anyone has had a good experience with them?

Ed, do you really think all the others are any better?

Probably not. In this specific case they will not be building the floor he bought on, they sent an email and assigned him another unit 10 floors down, my friend did not accept new unit and they decided they had to right to hold on to the deposit then.

Originally Posted by Romeo

Ed, do you really think all the others are any better?

Ed, I have heard that the developer you're talking about is very close to the government. I doubt if your friend will succeed in his lawsuit.

Your friend should have taken the lower floor. There is no way, he will win this, without spending a fortune.

Apes and bananas spring to mind Ed.

So you are saying that are extremely corrupt and willing to bribe judges and have politicians in their pockets and so on?

Originally Posted by Mordekha

Your friend should have taken the lower floor. There is no way, he will win this, without spending a fortune.

You know perfectly well how things are in Panama.

Hi guys, new to this forum and joined specifically to find other people that have been the victims of Btesh & Virzi. We are having the same problem as your friend, Ed, and were moved as our floor was eliminated due to structural changes, and we are in the process of launching a lawsuit as well. I would appreciate being in contact with your friend to see if we can help one another.

As for your comments, Mordekha, no offence but if people would think like you, slavery would still exist, women would not have the right to vote, and Poland would still be communist! We are talking big bucks here, and in our case our retirement savings, and there is no way we are going to give up.

Originally Posted by QC1

Hi guys, new to this forum and joined specifically to find other people that have been the victims of Btesh & Virzi. We are having the same problem as your friend, Ed, and were moved as our floor was eliminated due to structural changes, and we are in the process of launching a lawsuit as well. I would appreciate being in contact with your friend to see if we can help one another.

As for your comments, Mordekha, no offence but if people would think like you, slavery would still exist, women would not have the right to vote, and Poland would still be communist! We are talking big bucks here, and in our case our retirement savings, and there is no way we are going to give up.

Slavery doesnt exist anymore then?

But seriously. This is one of the richest and most influencal families in panama so you really dont stand much chance. Just take the lower floor its better then no floor at all.

[QUOTE=there is no way we are going to give up.

Very bad attitude in Panama to say this. But, we can go back to that later. For now, what, and how much have you really lost by moving to a lower floor?

I have sent you the contact information. I hope you can share legal costs in dealing with this.

Originally Posted by QC1

Hi guys, new to this forum and joined specifically to find other people that have been the victims of Btesh & Virzi. We are having the same problem as your friend, Ed, and were moved as our floor was eliminated due to structural changes, and we are in the process of launching a lawsuit as well. I would appreciate being in contact with your friend to see if we can help one another.

I can tell you what will happen and what you will get. Complete silence. You will get a judgment against them, but you will never hear anything from them, they will never even show up in court.

Originally Posted by QC1

Hi guys, new to this forum and joined specifically to find other people that have been the victims of Btesh & Virzi. We are having the same problem as your friend, Ed, and were moved as our floor was eliminated due to structural changes, and we are in the process of launching a lawsuit as well. I would appreciate being in contact with your friend to see if we can help one another.

And how much have you lost exactly in the hands of these crooks? Nothing I guess. To be honest, I am stunned by advices such as yours and janl - not what I would call "support". Are you guys getting a pay checks from Btesh? Call me delusional or what you like, but I will not be follow cowardly advices. I will be standing for my rights regardless of these guys last name, their connections or who they can bribe.

Originally Posted by Mordekha

there is no way we are going to give up.

Very bad attitude in Panama to say this. But, we can go back to that later. For now, what, and how much have you really lost by moving to a lower floor?

Originally Posted by QC1

And how much have you lost exactly in the hands of these crooks? Nothing I guess. To be honest, I am stunned by advices such as yours and janl - not what I would call "support". Are you guys getting a pay checks from Btesh? Call me delusional or what you like, but I will not be follow cowardly advices. I will be standing for my rights regardless of these guys last name, their connections or who they can bribe.

QC1

You are getting good advice and you need to listen to that advice because you will never win a battle in Panama by filing a lawsuit. I would meet with the developers directly and try to reason with them to achieve a reasonable settlement. ANy settlement you can negoiate directly with the promoter will produce a better result than litigation in Panama. It would take four years for a case to be litigated in Panama. You better read your contract because I would guess it has a provision to move your apartment if there is a change of design. You can expect to spend about $50,000 or more in legal fees with no guarantee of a favorable result. If you litigate the dispute you will lose and never recover your deposit even in the 5% chance you prevail after four years of litigation. The legal system in Panama is not like the USA or any western country with a system of law.

Originally Posted by QC1

And how much have you lost exactly in the hands of these crooks? Nothing I guess. To be honest, I am stunned by advices such as yours and janl - not what I would call "support". Are you guys getting a pay checks from Btesh? Call me delusional or what you like, but I will not be follow cowardly advices. I will be standing for my rights regardless of these guys last name, their connections or who they can bribe.

It is not a cowardly advice. If you want to waste time, energy, and money then by all means go ahead. I was just telling you how much chance you stand in my opinion. Panama is not america or europe. Maybe after 1 or 2 years of throwing good money after bad you will see that advice you dont like can also be support. Sometimes it is smarter to cut your losses.

I'm embarrassed to say I have some personal experience with fraudulent developers. Throw a few thousand dollars at the problem if you want and maybe it will shake loose a better offer, but as far as litigation offering a solution, I'm afraid that it is extremely doubtful.

I wish there were more people like Jared Loughner, Ted Bundy and Jeffrey Dahmer buying real estate in Panama.

I wish people would be smart enough to only buy existing property in 3rd world countries that would save them so much headache.

How could that possibly lead to a bloodbath I can follow on 3 plasma screens over a 1 month period?

Originally Posted by janl

I wish people would be smart enough to only buy existing property in 3rd world countries that would save them so much headache.

Here one can study the US embassy opinion about Virzi:

Cable reference id: #07PANAMA255

Summary: In 2000, Virzi was reportedly a partner in the drug trafficking network of Mario Villanueva, the former governor of Quintana Roo, Mexico who reportedly stayed at Virzi's house in Panama while evading pursuit of criminal charges.

Originally Posted by Contrail

Here one can study the US embassy opinion about Virzi:

Cable reference id: #07PANAMA255

Summary: In 2000, Virzi was reportedly a partner in the drug trafficking network of Mario Villanueva, the former governor of Quintana Roo, Mexico who reportedly stayed at Virzi's house in Panama while evading pursuit of criminal charges.

If these guys are trying to launder money, it seems they'd be the most likely of all developers to construct their projects!

am wondering how the situation is 6 months later.