AIBL in September 2019 settled with the FTC for US$23 million dollars under a consent order in connection with charges that it assisted the Sanctuary Bay promoters and various related entities in deceiving US consumers as a part of the real estate scheme. We will continue to follow. In November 2018, the FTC announced that afederal district court in Maryland issued an order temporarily shutting downthe largest overseas real estate investment scam the FTC has ever targeted. PUKKE stole the money by directing Sanctuary Belize employees to transfer the funds to recipients he designated. Copies to all parties. According to the FTC, the scam was established by Andris Pukke, a recidivist scammer currently living in California, and he perpetuated it even while serving a prison sentence for obstruction of justice. [1000950446] [21-1521] Neil Koslowe [Entered: 05/11/2021 11:46 PM], Docket(#4) APPEARANCE OF COUNSEL by Theodore (Jack) Metzler for Federal Trade Commission. Finally, one place to get all the court documents we need. Use our visualizations to explore scam and fraud trends in your state based on reports from consumers like you. Mailed to: Andris Pukke. Looking for legal documents or records? The package being marketed to retirees overseas turned out to be a phantasm, created by Pukke and his colleagues, including an offshore bank in Belize, and a local businessman who engaged in aggressive marketing tactics to fill the scammers coffers. This docket was last retrieved on July 2, 2021. Find the resources you need to understand how consumer protection law impacts your business. [1000965946] [20-2215, 21-1454, 21-1520, 21-1521, 21-1591, 21-1592] Neil Koslowe [Entered: 06/08/2021 07:06 PM], (#10) Memorandum referencing appellate jurisdiction [ # 7 ] Order by Federal Trade Commission in 20-2215, 21-1454, 21-1520, 21-1521, 21-1591, 21-1592. 138.201.146.138 The Centre is part of a particularly dynamic ecosystem, within the second French . If you do not agree with these terms, then do not use our website and/or services. N/A. Copies to all parties. Pukke is charged that in the process of marketing and selling residential lots in the development, he made certain promises of amenities including an international airport, hospital, marina, wildlife reserve, beach club, and equestrian centres as well as roads and electricity, and falsely represented that income from lot sales would be used to develop the infrastructure and that the company and its associates were free of debt. They were ordered to take control of the receivership assets all the unsold land and areas of development that do not belong to specific persons. Federal Trade Commission v. The Estate of John Pukke. Instead, Pukkes planned paradise turned out to be just a mirage, as he allegedly stole the very funds the development needed to pay for roads, utilities, and other infrastructure, leaving the lot buyers with nothing but land they cannot access or use. AIBL urged the telemarketers to sell its banking services to American consumers as part of the Sanctuary Belize sales pitch.. Belize Real Estate Developer Charged With Embezzling Investor Funds