No mattter what you think of Darragh MacAnthony you have to feel sorry for him after reading a posting on his very own Blog:- Full Article HERE
Posted September 21st, 2010
Darragh on being ripped off
Yep that headline will no doubt give bitter competitors and my stalkers – the SG crowd – a little chuckle – but yours truly has been ripped off a couple of times over the last few years. Contrary to popular forum belief I have never ripped anyone off or robbed from them in all my time in business and nor will I ever do. I ran a massive organisation selling thousands of homes in 19 countries across the world and many times to people who just couldn’t afford them but got caught up in the buying frenzy that built the overseas property industry up. Some of these clients did not complete on what they bought due to their financial circumstances changing 18 months later when the properties were finished. They then lost their money due to this which is unfortunate, but not because of me or the companies I ran. That’s life and what happens when people take chances chasing a return on an investment. I am no different and had a large percentage of my wealth invested with an investment firm who put it into one of Bernie Madoffs funds. I received a phone call the Christmas before last to tell me all the money was gone. In one phone call a large percentage of my wealth was robbed and gone never to be seen again. I didn’t stalk Madoffs employees or companies, surf websites and join forums slagging him off nor threaten the investment firm with the press etc. because I knew when I gave them these monies in search of large percentage returns, there was a risk involved. Of course I didn’t expect to lose the lot, maybe worst case scenario 15% if it didn’t perform, but I agreed to invest the money, I signed it over, I gave this investment firm the ok to try and get me greater profits. Facts are that whenever you invest money there is an element of risk attached and I have always said over the years in brochures and TV interviews, do not invest money you don’t have and do not over extend yourself and go into it with eyes wide open always. So not only were my businesses suffering due to clients not completing on properties I had built for them, now my personal finances were hit hard and I had been scammed, ripped off and totally screwed along with millions of other people. Yes Darragh MacAnthony was robbed, scammed, ripped off and totally screwed out of millions – but with no complaints. Throw in the 780 clients who had signed contracts with one of my construction companies to build apartments for them and who walked away and failed to pay the final monies due on completion by contract when the apartments were built. That’s correct, over 780 clients worldwide failed to sign for apartments I had built for them and left a €30 million euro hole on my company’s balance sheet. Of course these clients will go on forums, join action groups and complain about me and my companies, but hard facts and contract facts are simple, they contracted to buy properties that I built for them and then when recession hit, they walked away and now I am the bad guy. Lets also throw in the 15 million euro in commissions owed to other companies of mine by developers who went bankrupt due to similar client completion issues. We are talking about multi-millions gone and all this in an 18 month period. For the final nail in the so called coffin, try paying out millions to furniture companies on behalf of clients and see them all go bankrupt before delivery and leave me holding the bill and of course receive venom from clients. Listen, I’m not looking for sympathy or telling a hard luck story, just the true reflection of life and what we all have to deal with on various levels. They are great lessons in life and ones thankfully I have learnt early on and prepare me for the future as I approach my 35th birthday and life back at work after a few years off getting married and having children. What doesn’t kill you certainly makes you stronger – is my favourite saying in life!!
Darragh on Forums
A big pet hate of mine for obvious reasons but mainly due to the fact that anyone can go on them, create them and basically accuse you of being a rapist, pedophile or a rip-off merchant and have complete anonymity without recourse and many times just to knock you down a peg or two. These forums fuel hatred, contempt and are often harboring bitter ex-employees, bitter competitors and clients with small issues that get made out like they are gigantic ones. Many forums take on a life of their own and get completely carried away with themselves. In my next month’s postings I shall give you an example of one and its many members and their ultimate goal of making me out to be a criminal and everything I do to be illegal or fraudulent. Why do people hide behind pseudonyms, host their forums in the States etc? Could it be because they are keyboard warriors with no substance behind their postings and nothing else better in their lives to actually do but post negative comments after negative comments? The internet is a powerful tool but can be a dangerous one and thankfully laws will eventually change and this type of freedom of slander will be a thing of the past. Hey I’m all for constructive criticism but not when it involves hatred and vile accusations with no firm evidence or concrete proof.
Open Letter Update October 2011
Please have your lawyers contact the webmaster of this Support Group to arrange the transfer of 100 Million Dollars to those victims and your worries will all be over. The reason for the cash is because it appears you don’t consider the Members Only Forum to be private from you or your paid spies, lawyers, directors or yourself. It appear you have entered the forum in clear breach of the Forum Terms and Conditions. If you don’t like the honest outbursts of your victims don’t open the door.
Could it be that you don’t like the truth?
Your failure to correct your blog about the pending criminal case in Marbella, claiming the case in Madrid to have been thrown out simply demonstrates the disliking of the truth and utter arrogance.
That posing was over a year ago and the MRISG await your exposé ……. It is worth also informing the reading public that not one of your threats of legal action for supposed Libel have gone to court and the MRISG members know the reason is that the last thing you need are hundreds of your victims lining up in the limelight outside the High Court in the Strand to give evidence against you and the press then splashing that news all over the world. Thereby completely destroying you already tarnished image.
Money can buy you many things Darragh but not honesty.