To give confidence to his “clients” and hook them, the leader of the AJP real estate company used armored vans.
According to those affected, the vehicles were used “to pick up people who would make million-dollar investments,” so that they would not be robbed on the way and their money, in cash, would be safe.
In addition to supposed promissory notes that he signed for them, Luis Oswaldo showed the photos with the governor of Jalisco, mayors, athletes, artists and soccer players.
“One said: ‘You’re not going to screw the governor, are you?’ That is why we trust”, shared one of the victims.
The monthly interest was also another hook: terms ranged from 1.5% to 3 percent. The minimum amount to enter was 100 thousand pesos.
“We want them to review the accounts of his wife, his children, brothers, his nephews,” said Sofía, another of those affected.
Real estate company made millionaire fraud to entire families
The trust that managed to establish the real estate company AJP, of the now deceased Luis Oswaldo, managed to defraud entire families, who lost all their money and assets. An example is Sofía’s family, which had approximately six million pesos invested, between her and her uncles. They entered the business on the recommendation of a relative, who had been involved with the real estate company for 22 years.
Sergio and his wife each invested 300,000 pesos, receiving 4,500 pesos in interest each month. He cheated on his son with several house payments. While Julián, his sister and his wife are another disappointed family; they invested little more than four million pesos.
Luis Alberto Güémez Ortiz, financial specialist and professor at the Universidad Panamericana (UP), points out that non-bank investments will always have a risk, so the information must be well confirmed. “There are people who fall into traps through social networks for not documenting themselves with the appropriate sources, they must ask themselves a lot what they are investing in and see what evidence there is,” says the professor.
He also emphasizes that investments in real estate are regularly safe, but there are also many companies or people who take advantage to deceive people. “You have to be very careful, If we are invited to participate in a real estate company, we must verify who is behind it, check if it has audited financial statements and verify that it is a recognized company in the market”, he added. The specialist stressed that investing in any instrument will always involve risk: “There is no shortcut, there is no trick, if they pay you little return, it is most likely that it has little risk”, he commented.
They steal half a million pesos
He was just a few months old, but he stole half a million pesos
Sofia began investing her money in the AJP real estate company just last April. There were 550 thousand pesos invested for a period of six months, for which Luis Oswaldo paid him 11 thousand pesos a month.
For her everything was profit, because the man assured her that she could withdraw her money whenever she wanted, simply by giving 30 days advance notice. She lost everything.
“When they invite you to an investment, check everything well, don’t fall for it. You have to verify in any way that it is real, ”she advises.
Confident that their son was doing “reliable” business with Luis Oswaldo, Sergio and his wife decided to invest 300,000 pesos each in December 2020 to receive 4,500 pesos in interest monthly. “We had a little money saved and we dared to invest it. He told us that he would give us 18% annual interest. Still last week the administrator gave us the interest, but we did not expect this.
His son had started in 2017 with the investment of the rent of a house. With the interest he had presumably been paying for it; However, in the end, he was left with 2.5 million pesos.
“The Lord surrounded us. He came with bodyguards and well, we trusted and trusted him. We are about to go with a lawyer, ”he said.
They stop answering
Julián began investing half a million pesos in January 2021, as he saw that Luis Oswaldo paid him on time 1.5% of the investment month by month, in March he entered another 750 thousand pesos. Six months later, at the end of the last contract, he decided to make his strongest investment: delivered one million 800 thousand pesos, and again in March of this year put 240 million more.
“I came with him through a sister who had already had her money invested for three years, I accompanied her to renew her contracts and because of the structure she had in terms of offices and other properties, it made me safe,” he said. This is how her investment began, receiving her payment on time, until last May Luis Oswaldo stopped delivering what was agreed upon.
Safe places to invest
In the stock market is where the results of companies are generally good. This is an option for people who are going to invest for the long term and have a tolerance for risk.
Another possibility are the government bonds or bank notes that pay rates above inflation.
For those who tolerate risks, the best investment is the stock market, otherwise, the option is government bonds and bank notes.
Between the two previous options is the investment in the Infrastructure and Real Estate Trusts (Fibras).
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