jasongrosfeld6
jasongrosfeld6
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jasongrosfeld6 · 2 years ago
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Fraudster Jason Grosfeld of Irongate Mexico
Irongate has faced a series of criticisms regarding its business operations and building methodologies. Recent allegations of fraudulent activities are tied to a project in Cabo San Lucas, Mexico. Intriguingly, James Grosfeld, the father of the company's main developer, was a significant shareholder in Blackrock, a company that emphasizes governance, risk, and compliance. His resignation from Pulte Homes due to internal corporate governance disputes, as reported by The Real Deal, could have hinted at forthcoming challenges, particularly considering his son's subsequent legal entanglements with figures like Donald Trump.
Jason Grosfeld has been ensnared in a web of legal challenges. Notably, a 2008 class-action lawsuit highlighted the misallocation of $30 million from potential buyers for non-existent accommodations at the Trump Ocean Resort in Baja California, Mexico. Further, there have been multiple legal disputes connected to projects in Hawaii. Claims from Costa Palmas' homeowners insinuate a deliberate tactic by Irongate to deceive and illicitly gain from purchasers, all the while using contractual nuances to deflect blame onto their local Mexican associates.
The Los Angeles-based Martell Capital Group, operating as Irongate, its founder Jason Grosfeld, and central managerial figures like David Waller, Mitch Laufer, and Michael Radovan, face accusations of fraud, extortion, and conspiracy tied to their luxury residential project in Costa Palmas, Los Cabos, Mexico. Public documentation, combined with past and ongoing probes, suggests that Irongate might have consistently employed deceptive and illicit tactics to exploit potential homebuyers. These buyers, expecting premium homes and condos in opulent Mexican locales, were allegedly misled, with Irongate using designated Mexican establishments to evade accountability. Read the sources here: https://therealdeal.com/miami/2016/06/22/former-pulte-exec-buys-duplex-condo-in-palm-beach-for-9m/
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