This group of investors have now been offered some assistance and things are starting to progress and more investors are coming forward from other resorts where this scam has also happened. Obviously, Cape Verde does not want to have it's tourism industry damaged, but the property developers, banks and government officials are giving the country a really bad name as word is slowly getting out that Cape Verde is a very unsafe and corrupt country to invest in and deals seem to be set up specifically targeted to scam British and several other countries, including their latest target - Asia!
Not one of the letters recently sent to Tecnicil, Government officials, the bank has been responded to with any concern that makes us think this situation will ever be put right. It's very depressing for all concerned, but I think this just says it all....
Former chief of Banco Espírito Santo under house arrest