A recent article carried in the echo-news.co.uk paints an unflattering picture of Chairman David Ames Harlequin Group and his quest to build luxury resorts in the Caribbean and Brazil. The report claims to have identified 6000 investors who have decided to ask for their money back. In nearby St. Vincent some investors have joined contractors and suppliers to take court action against Harlequin’s Buccament Bay Resort reported to be its flagship property.
BU placed Harlequin on watch – Harlequin WATCH – in an earlier blog in May 2012 and if we are to believe this recent report this is a company which continues to anger investors. The good thing for Barbadians is that our authorities have no excuse not to be on high alert regarding Harlequin and its Barbados investments.
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