What department or what Minister is in charge of Leasebacks in France ?

Maybe we should all be hounding the tourism minister

Pascal donohoe of fine gael -im sure he would be very interested

In irish people problems abroad and who in turn would be letting his

French counterpart that french back leasing is going to explode in

His face !!

Has anybody attemted to go public to the papers or even ring rte and

Chat with someone in primetime ..

It needs seriously  to go public ...

Ive sent an email to pascal donohoe ..

Just wait an see what response i get...

There is a lively Facebook page where the French people impacted get together and try and put pressure on the french government

Its called Odalys Proprietaires and has about 650 members

they have got on TV and Radio a few times and lobbied MP's and MEPs

So far I dont think they have had much success

Your question "has anyone defaulted and got away with it"

See previous threads x 2 that I have raised on this forum and note replies therein.

I would feel hundreds if not thousands of non-French leaseback owners have defaulted. 

Have they 'got away with it' ?. I think this question should be directed at the banks not the duped unfortunates who were scammed into 'investing' in these schemes.

There would appear to be an increasing number of legal cases beginning to come to court alleging mis-selling & fraud.

I am nearly 2 years into my litigation process. No attempt has been made to repossess at this stage. 

Not one reply to my most recent thread would indicates that people are being pursued. How could they be ?. They are the true victims here.

My excellent French lawyer ( the first person in this whole debacle that I feel has ever had prioritised my interests has been very clear always: one is obliged to initiate legal action within 5 years of problems first appearing to have a viable legal case. One can't argue legally for fraud/mis-selling outside of this.

My advice for what it is worth: a) stop being taken for a fool b) take legal action -- best hedge at this stage 

...and to add to that, never sign anything relating to rent reduction. If you don't they will have to stick to the terms of your lease or be put into receivership/liquidation after to enforce your commandement de payer. Accepting a rent reduction is the first step in handing even more power over to crooks.

As I previously said on this forum.i emailed  pascal  donohoe who is the minister for tourism .

i actually got a reply ...

maybe good or bad but it's a start ..

im  waiting for him to contact me

John

You might be interested in this french website - run by journalists I think - which aims to expose the French leaseback scam.

http://www.enqueteouverte.info/residencesdetourisme/2015/03/23/thienan-h...

Google Translate (if you're using Chrome does a fair job of translating).

My stomach turned reading that

My stomach turned reading that

I think career politicians like Paschal Donohoe are more concerned with their political future than the plight of Irish citizens who have been scammed by French crooks. I think the only way it would work was to get him to commit to attend a meeting of owners from all over Irelane who have been scammed. I'd also invite the French ambassador. If this happened I would be willing to put up with Donohoe's irritating voice if it meant something might be done. I am recently out of the leaseback nightmare (through pure luck) but my bitterness now is as strong as it was a few years ago. This is the greatest legalised proprty scam in Europe. The French are grade A crooks and need to be exposed for what they are.

Yes we all sold when an investor offered to buy the entire building. We made a 10% loss but were glad to get out. We refused a 50% rent reduction 'offer' and forced the company into liquidation and had our leases cancelled.