Complaint / review / scam report
Jaymor Investments
Limited Partnership

Financial advisor sold us on this Limited Partnership (Jaymor Investments) based on receiving tax write offs on the loan for the investment and a great return normally in a few years after when the property is sold.

Now I am being told the property (Lighthouse Pointe ..Florida) is being foreclosed and I cannot understand that they took all our money to purchase this property and lose it...and their website has shown that it is fully subscribed inwhich I believed to be financially

solid to ride out this economic downturn until the property could be sold. I am now on the hook for a lot of money in my retirement.

The OSC states they have no control over this type of investment???????

How can companies (investment/advisor's) get away with selling these products and not be held accountable?
Author: Contact with Author

Offender: Jaymor Investments

Country: Canada   Province: Canada

Category: Business & Finance


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