Dominican Senator calls hot springs lease contract “confusing and strange” |
The Santiago senator said it’s difficult to understand how a company with 500,000 pesos(USD 12,000) in capital can announce investments of more than 560 million dollars in just 10 years....... |
| Read more | 24 May 2009 |
Increased rates to end blackouts? - How about just fixing the problem! |
Superintendent of Electricity Francisco Mendez said on Wednesday that the choice was between tariff rate increases and blackouts....... |
| Read more | 26 May 2009 |
Resort Condominiums International cheated investors in timeshares in the Dominican Republic |
Resort Condominiums International cheated investors in timeshares in the Dominican Republic, a class action claims in Federal Court. Plaintiffs claim RCI and its subsidiary, Lifestyle Holiday Vacations Club, “lured thousands of individuals into purchasing timeshares by lying outright about the quality and, more, the nature of services provided.”........ |
| Read more | 21 May 2009 |
5 tips for avoiding the latest hotel scam in the Dominican Republic |
CNN.com Travel/ Tribune Media Services -- Jack Taras and his friends thought they would be checking in at the Occidental Grand Hotel on the Dominican Republic's postcard-perfect Eastern shore for spring break. But when Taras, a 19-year-old sophomore from Providence College, arrived at the resort, he was greeted with the hotel industry's latest trick: he was walked down.
"They were sent to a hotel that wasn't as nice," says his father, John Taras. He phoned his son's online travel agency......... |
| Read more | 19 May 2009 |
FREEZE order in the Dominican Republic in USD 170 Million real estate fraud case |
The Judiciary of the Dominican Republic has issued a FREEZE order no 038-2009-00410 on April 30, 2009 in connection with a USD 170 Million Dominican real estate fraud involving Sun Village Resort & Spa Puerto Plate and Sun Village Juan Dolio....... |
| Read more | 21 May 2009 |
New UN bio-fuel program for the Dominican Republic must be secured against corruption. |
The Public-Private Alliance Foundation (PPAF) held its Third Annual "Partners Against Poverty" event at the UN with 45 high-level participants and observers representing five countries (Brazil, Dominican Republic, USA, Honduras and Haiti) to discuss business innovations in the development and production of bio-fuels, especially in the Dominican Republic.......
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| Read more | 18 May 2009 |
Fitch withdraws rating on Cap Cana - so what will happen now? - join discussion & read comments! |
| Fitch Ratings has downgraded the rating on Cap Cana, S.A.'s (Cap Cana) $250 million senior secured notes due 2013 (the 2013s) from 'CCC/RR4' to 'D' and subsequently withdrawn the rating....... |
| Read more | 24 Jul 2009 |
HRH Prince Albert of Monaco is NOT an investor in Punta Perla Dominican Republic |
| HRH Prince Albert of Monaco is NOT as quoted in this original article from DominicanToday investing in Punta Perla!
It so happens that everybody "borrow" content from each other to look like "news agents" (West Indies is a real estate agent who made a copy/paste from DominicanToday.com....... |
| Read more | 25 Feb 2010 |
BREAKING NEWS - DominicanToday.com has altered article about HRH Prince Albert of Monaco. |
Investor Warning! Prince Albert of Monaco was missuses by corrupt business men and officials in the Dominican Republic. Again the freedom of speech in the Dominican Republic has come under heavy pressure from fraudulent developers with their own agenda to swindle foreign investors........ |
| Read more | 21 May 2009 |
Stop Dominican Property Sharks |
How can we better protect foreign investors in the DR. Should escrow accounts be required by law? Join new network on LinkedIN - Stop Dominican Property Sharks -
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| 02 Jul 2009 |
New $200 Million Resort Planned for Cabarete Dominican Republic |
New $200 million real estate development; Palmera de Cabarete Resort and Spa with 138 luxury villas on the North Coast...... |
| Read more | 14 May 2009 |
Where is all the money paid into the Punta Perla real estate project? |
Domincian Watchdog would like to see a list of investors matching a list of escrow accounts - read my email to Eva Cotres and my post on singingpig today....... |
| Read more | 15 Jul 2009 |
Questions to HRH Prince Albert of Monaco about his involvement in Punta Perla DR |
Questions from Dominican Watchdog to The Royal Palace in Monaco May 14, 2009 regarding HRH Prince Albert of Monaco's involvement in the Punta Perla Dominican real estate development project...... |
| Read more | 15 May 2009 |
Car dealers are selling stolen cars in the Dominican Republic |
Listin Diario is reporting that the National Police has confiscated 15 stolen vehicles from 10 car dealerships around the country, so be very careful when buying a car in the DR....... |
| Read more | 14 May 2009 |
Is Punta Perla in the Domincian Republic one BIG scam? Dominican Watchdog is investigating it now! |
| Despite our letter to the responsiable behind the Punta Perla real estate development over 6 weeks ago has Dominican Watchdog not received any anwser to all our questions so we must advice that you do not invest in that project....... |
| Read more | 22 Feb 2010 |
More corruption in the electricity sector equals more blackouts for consumers |
Dominican corruption reaching new levels, not only did Lara Lorenzo the former director of the Blackout Reduction Program under the state run electricity company (CDEEE) take money that were supposed for repairs. He also had 18 members of the local church called "God's Chosen Ones" which was owned by himself on the electricity company's payroll. That is why the electricity prices in the DR is among the highest in the world. If its not the consumers there are stealing electricity then it is the employees, who are stealing the money..... |
| Read more | 11 May 2009 |
We Tell It as It Is - No Matter Who - No Matter What |
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We Tell It as It Is - No Matter Who - No Matter What. Dominican Watchdog offer Consumer Protection and Property Guide with 10 simple rules to avoid fraud and corruption in the Dominican real estate market. |
| 23 May 2009 |
Ex officials charged with embezzling RD$79M in onion deal |
It's impossible for Dominican Watchdog to write about all the corruption cases everyday in the Dominican Republic so here is just a link to a new one from DominicanToday.com |
| 06 May 2009 |
Dominican Republic and The World's Largest Bank Fraud Measured in GDP |
| Corruption during the Period of Hipolito went out of control and almost destroyed the Dominican Republic completely. One of many cases has become known as; The Worlds Largest Bank Fraud Measured in GDP |
| Read more | 24 Jul 2009 |
Telecommunication is still far behind in the Dominican Republic |
The Dominican Republic's income inequalities are still reflected in its telephone distribution; some people own multiple mobile phones each, yet there are communities comprising hundreds of families without access to a single phone line. See The Report |
| 06 May 2009 |