SCAMCosta Palmas Reports & Reviews (2)
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Scammer's address Av, Sta Maria de La Ribera, 23570 La Ribera, B.C.S., Mexico
Country Mexico
Type of a scam Travel/Vacation/Timeshare
Initial means of contact In person
Costa Palmas Four Seasons and Costa Palmas Aman Developer Iron Gate
In the high-profile luxury development world Cabo San Lucas and the Costa Palmas Four Seasons and Amanvari Resort are developments that stood out to unsuspecting investors who wanted a vacation home on the property. Unfortunately this story is a horror story and not a happy one and will serve as a warning to all Scam Pulse readers.
Things that were sold by Iron Gate have come out to be too good to be true. Fraudster Jason Grosfeld at its epicenter where he is once again scamming people with his real estate development project in Cabo that has similarities to his past failed projects in Hawaii and Baja Mexico. Both projects involved Donald Trump where they took clients deposits and never completed the development.
The son of a prominent investor who ran Pulte Homes but left over a controversy. James Grosfeld is allegedly bankrolling the operation, a former executive at Pulte Homes and a substantial shareholder at Blackrock, Jason seems to have stepped into a controversial spotlight, one that casts a long and unsettling shadow where he has been sued for fraud and extortion for the troubled Cabo San Lucas, Mexico development and has resorted to extortion tactics against his buyers. The crazy thing is this all happened in Hawaii as well as in Baja California so history is repeating itself.
Irongate founder Jason Grosfeld purchased celebrity Nicolas Cages Bel-Air property, adding a feather to his cap of indulgence and extravagance. But as it turns out, the glamorous façade might be crumbling, unveiling a narrative tinged with deceit and transgressions one that we may see appearing on CNBC’s American Greed along with Bernie Madoffs episode in due time according to other news articles detailing the scam.
Type of a scam Travel/Vacations
Initial means of contact In person
Costa Palmas Fraud: A Tale of Deception With Irongate & Jason Grosfeld
In the high-profile luxury development world Cabo San Lucas and the Costa Palmas Four Seasons is one development that stood out. Unfortunately this story is a horror story and not a happy one.
Things that were sold by Iron Gate have come out to be too good to be true. Fraudster Jason Grosfeld at its epicenter where he is once again scamming people with his real estate development project in Cabo that has similarities to his past failed projects in Hawaii and Baja Mexico. Both projects involved Donald Trump.
The son of a prominent investor who ran Pulte Homes but left over a controversy. James Grosfeld, a former executive at Pulte Homes and a substantial shareholder at Blackrock, Jason seems to have stepped into a controversial spotlight, one that casts a long and unsettling shadow where he has been sued for fraud and extortion for the troubled Cabo San Lucas, Mexico development and has resorted to extortion tactics against his buyers. The crazy thing is this all happened in Hawaii as well as in Baja California.
Irongate founder Jason Grosfeld purchased celebrity Nicolas Cages Bel-Air property, adding a feather to his cap of indulgence and extravagance. But as it turns out, the glamorous façade might be crumbling, unveiling a narrative tinged with deceit and transgressions one that we may see appearing on CNBC’s American Greed along with Bernie Madoffs episode in due time according to other news articles detailing the scam.
The False Promises and Pitfalls of Costa Palmas To Home Buyers
In a dazzling turn of events dating back to 2017, Costa Palmas, a posh home development near Cabo San Lucas, Mexico, became the focus of numerous disputes and controversies. Spearheaded by Jason Grosfeld's firm Iron Gate, the project made enticing promises of luxury and grandeur, drawing in potential homeowners with prospects of unparalleled quality and affiliations with the reputable Four Seasons brand that they would have full access to when both the Four Seasons and their house were complete. Sales people like Mitchell Laufer and Michael Radovan pushed promises that were not true and nearly 7 years later home buyers still can't move in.
Initial assurances depicted a smooth and transparent process, with clear expectations of timely and high-quality construction. But as time unfolded, the glittering promises seemed to vanish into thin air. Homeowners, who had invested millions in anticipation of their dream homes, were met with staggering delays and abysmal construction standards, turning their dream into an unforeseen nightmare that has buyers looking into the failed Baja California and Hawaii development project that Grosfeld used Donald Trumps name for in the past and was sued by buyers. History is repeating itself.
Now the Four Seasons Brand, Jason Grosfeld, Blackrock, Irongate, and Costa Palmas will all end up being accountable for this scam.
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