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angela
Nov 9, 2010 5:41 AM GMT
Never invest even one pence in Dubai. All their laws are against investors and they just protect themselves & local. I've lost US$ 3millon in properties & Business in Dubai since 2008 and warn everybody not invest in the country with retarded law
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Brendan
Aug 30, 2010 5:21 AM GMT
Dont Visit of invest in Dubai. I spent 5 weeks illigally in prison when I took on a wealthy landlord who breeched a contract. I had to pay a lot of money to get out of prison and out of the country. I favced evil and blatant power misuse. Lovely people until the bubble burst
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Ray White
Aug 26, 2010 8:51 AM GMT
I invested money in Dubai on The World development. The project was cancelled but the company refused to give me my deposit back a sum of £25.000 English pounds. Dubai cannot be trusted because the government do not uphold the law and makes it easy for financial theft.My warning : do not invest in Dubai
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reioseksk
Aug 16, 2010 11:42 PM GMT
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ubuntu
Aug 16, 2010 7:17 AM GMT
India knows better than Dubai, it's a matter of ethnic caste....., and they don't use pretodolars or invest according society development but use society money to seem wealthy, that's great!
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open-mind-closed-fist
Aug 16, 2010 7:10 AM GMT
its millions people !!! .. allot of people should be locked down .. no body should steel money and sent to free .. if there is a slight chance that this person had stolen money in some way .. he/she should be locked down until they provien there innocient ... am all the way with dubai
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Abhejit
Aug 16, 2010 1:17 AM GMT
India and other developing nations have always been accused by the west of being too closed, and are always chastised for not opening their economies and financial systems too quickly. India's response has always been that it's own processes need to be ready to handle the change. Dubai is a picture perfect story of a developing economy which, in its desire to be the next Singapore, opened too quickly without strengthening itself for the change. A lot of the western investment in the third world today is short-term profit seeking investment, that is withdrawn at the first sign of trouble. Dubai let this opportunistic money come in, rather than seeking long term investments, and is now paying the price.
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brick and dust, now pay me
Aug 15, 2010 4:42 PM GMT
I think Dubai also could pay the construction sector workers that leave with nothing, that is the most important scam in this game, temporary unprotected workers with very low salaries and a lot of money stolen and no one cares.
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obsthetimes
Aug 15, 2010 3:50 PM GMT
Nobody should have much sympathy for these people. I refuse to believe that the UAE would lock complete innocents. However unlike here in the US, you actually pay for financial crimes in the UAE. I don't see how somebody can expect kind words, gourmet food, good western style legal representation and possible a book contract after scoring false millions.We ought to align the US justice system a bit more with the UAE. And not just for corporate fraudsters but also for private citizens. Bring back the debtors prison!
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Jesse
Aug 15, 2010 2:42 PM GMT
One of the first rules: never set foot in a country that does not have an independent legal system. And even if they do, make sure you understand the laws. I would never set foot in a mostly Muslim country - they have the most advanced 7th century laws.
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