A Very Sad Expat Story in Kampot - BUT with Happy Ending

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offroadscholar
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Re: A Very Sad Expat Story in Kampot - BUT with Happy Ending

Post by offroadscholar »

kgbagent wrote: Fri May 01, 2020 3:07 pm I think the initial problem was he was running out of money and wanted to sell part of his portfolio. I suspect this is when Chara got involved and they discovered he couldn't sell anything. Now if he can sell some then he can carry on with life.

Good result for him but he shouldn't trust his new pet shark


Info on this FB page also says he got Khmer citizenship
Now known as Sen Samnang

https://www.facebook.com/duongdara/

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angkorjohn2
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Re: A Very Sad Expat Story in Kampot - BUT with Happy Ending

Post by angkorjohn2 »

offroadscholar wrote: Fri May 01, 2020 2:16 pm
PSD-Kiwi wrote:Wow...so now that this guy has managed to get the properties "returned" to him, he is selling them. Probably a smart move, and likely he was advised to do so.
The intened sale of his land implies to me he did not get or need Cambodian citizenship. No reason to have it now, and he easily qualifies for an ER anyway.
My cynical guess is a fair chunk of the sale procedes will payoff his many helpers.

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he clearly says he is selling some of his land not all to get some money together. Are land prices still high in Kampot? maybe the chinese will be interested
boom
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Re: A Very Sad Expat Story in Kampot - BUT with Happy Ending

Post by boom »

It’s official: New name “ Samnang Sen”, now a Cambodian citizen with a decree signed by the King’s regent.
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and a new millionaire in town😃

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LinDa777
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Re: A Very Sad Expat Story in Kampot - BUT with Happy Ending

Post by LinDa777 »

Are those land prices a bit on the high side?


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kgbagent
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Re: A Very Sad Expat Story in Kampot - BUT with Happy Ending

Post by kgbagent »

LinDa777 wrote: Sat May 02, 2020 12:03 am Are those land prices a bit on the high side?


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Yes but it is river frontage legal or otherwise however as I said prior - he swimming with a notorious shark again
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fazur
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Re: A Very Sad Expat Story in Kampot - BUT with Happy Ending

Post by fazur »

i thought the state owned land on the river bank?
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Kammekor
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Re: A Very Sad Expat Story in Kampot - BUT with Happy Ending

Post by Kammekor »

Well, with those prices he lives up to his new Cambodian name.
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phuketrichard
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Re: A Very Sad Expat Story in Kampot - BUT with Happy Ending

Post by phuketrichard »

wait a minute, let me get this straight

American buys land without a full land title ILLEGALLY using a Khmer nominee on the river front
gets scammed
"HE" comes to the rescue, (why? khmers lose land to scammers all the time?) and not only gets him his land back, (whose name is it in now?)
but grants him Cambodian citizenship>

WTF :facepalm:
In a nation run by swine, all pigs are upward-mobile and the rest of us are fucked until we can put our acts together: not necessarily to win, but mainly to keep from losing completely. HST
offroadscholar
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Re: A Very Sad Expat Story in Kampot - BUT with Happy Ending

Post by offroadscholar »

phuketrichard wrote: Sat May 02, 2020 10:13 am wait a minute, let me get this straight

American buys land without a full land title ILLEGALLY using a Khmer nominee on the river front
gets scammed
"HE" comes to the rescue, (why? khmers lose land to scammers all the time?) and not only gets him his land back, (whose name is it in now?)
but grants him Cambodian citizenship>

WTF :facepalm:
Hard to know without the details.
Couple of things come to mind. Given how much he's asking for the properties, and assuming he payed a similar amount 1-2 years ago, they may have taken into account how much he invested, in determining his eligibility for citizenship ?
I guess the granting of citizenship then provided the way for the properties to be transferred from the fat little guys name to his. For that, I dont think it matters if they're hard or soft title.
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kgbagent
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Re: A Very Sad Expat Story in Kampot - BUT with Happy Ending

Post by kgbagent »

offroadscholar wrote: Sat May 02, 2020 10:56 am
phuketrichard wrote: Sat May 02, 2020 10:13 am wait a minute, let me get this straight

American buys land without a full land title ILLEGALLY using a Khmer nominee on the river front
gets scammed
"HE" comes to the rescue, (why? khmers lose land to scammers all the time?) and not only gets him his land back, (whose name is it in now?)
but grants him Cambodian citizenship>

WTF :facepalm:
Hard to know without the details.
Couple of things come to mind. Given how much he's asking for the properties, and assuming he payed a similar amount 1-2 years ago, they may have taken into account how much he invested, in determining his eligibility for citizenship ?
I guess the granting of citizenship then provided the way for the properties to be transferred from the fat little guys name to his. For that, I dont think it matters if they're hard or soft title.
From memory he started buying land at least 5 yrs ago and I guess the riverfront land would have been about $40-50m2. I would have thought, giving it's location ... I have seen his house and it is pretty nice, that it was probably soft title. The scammer was deeply ingrained in the Land Office in Kampot so for him it was easy to propagate the fraud. Interestingly the head guy, and his deputy, were removed for corruption - both of them have houses and land in a beautiful part of Kampot.

The prices now being quoted is typical of Kampot Chara and grossly overpriced so if you were interested I would cut the $ in half as an opening bid.
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