We should bring the Al Rashid and the illegal brokers into justice

I have been to Ajman Land Department a few days ago and they ask me to to ARRA.
ARRA is located exactly in the old ajman immigration department if you want to go. They are very kind to me when I toll them about my story. Call them: +971 6 7444 144, Fax: +971 6 7444 145, P.O. Box 2333, Ajman-UAE. The person in ARRA told me the Al Rashid is totally illegal. They didn't register anything in ARRA! That meats both of the Al Rashid and our broker are all the time cheating us! The Humaid City might never be built up. It's just an beautiful imagination.
ARRA has witten a letter for me (in Arabic) and ask me go to Ajman Court, the Court will bring all my money back including the profit. I went to the Ajman Court and they told me I need to translate all of my receipts in to Arabic. 30,000 Dhs might be needed to open the case and 6 month might be waitted before the give us results.
I fall in the trap because I have seen so many beautiful advertisments on Al Rashid all over the Dubai main street. I beleave the Al Rashid is a big develpper, also because our broker make sure of us how wonderful the Humaid City will be. But now, the Al Rashid and the brokers have illegally taken millions of our money away. I am wantering why the Ajman Government, Ajman Policestation, Dubai Government and Dubai Plicestation didn't take any measures to prevent such kind of criminal thing happen? Now, many of our brokers are forcing us to buy another perperty as a compensation. Be careful, another trap you are jumpping in.
I really hope the government and the police can do some thing for us. No only because all of the investors have lost their money, but also this has greatly damaged the image of UAE. I believe that if they cannot do anything for us, no one will buy any property in UAE, at least I will never.
Let's go to court or policestation never hesitate bring the Al Rashid and the brokers into justice. Share you opinion and call me: +971 50 5021511

Al Rashed Real Estate / ACI / Insignia

I understand its a well planned 400 million dirham scam, wonderfully planned by all parties mentioned in the subject. I have borrowed AED 200 thousand on loan basis from HSBC only to keep paying interest + principal amount for these crooks who have stolen our hard earned money. Same answer I got from ARRA saying Al Rashed never registered them selves with ARRA within time limit of May 2009 which was then extended till July, 2009. I bought studio flat from an individual in re-sale who bought it originally from Insignia properties. I plan to go and make a police complaint against that individual who sold it to me and let him go and file complaint against Insignia Properties. On the other hand ACI told me the story as .... Al Rashed agreed to give some floors as commission to ACI and Insignia for selling all the units of Al Rashed. ACI and Insignia sold those units for 100 % cash and fools like me got trapped into it by paying full cash in advance. Now my argument is that ACI and Insignia are not eligible to avail commission / brokerage for a property which never took off ! Now since the project did not started and since they have collected cash - they are suppose to give it back to us ! Let them go and file case / complaint against Al Rashed since we did not even know who is Al Rashed or god knows whether there is any Al Rashed or no !! because its ACI and Al Rashed have shown us glossy booklets, nice pictures of buildings and stole money from us.

I am really frustrated by this scam and feeling totally helpless.

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