Bahamas Bar Association
Bahamas Real Estate Fraud; The Bahamas Government is at the top 25 countries of the world for the highest concentrations of attorneys.
There is a ratio of 1 lawyer per 500 pupils. That concentration is lower than the U.S., however, you are more likely to run into a lawyer on the street corner at the Bahamas than you would in any other country in the world.
Bahamas Corruption: The Bahamas is ranked as one of the most corrupt nations in the world, especially in a Real Estate Scam, real estate and land matters.
Bahamas Bar Association is failing to pursue complaints regarding the conduct of member attorneys.
U.S. and Canadian investors are specifically targeted! They have suffered significant financial losses on flawed real estate deals .
The US government has criticised the Bahamas Bar Association for failing to pursue complaints about the conduct of member attorneys, disclosing that several of its citizens had suffered “significant losses” on flawed real estate deals.
“The State Department’s annual investment climate statement on the Bahamas, released this week, said complaints submitted to the Bar’s Ethics Committee were “frequently unanswered”, raising questions about whether foreign investors enjoyed sufficient legal protection.
“The [Nassau] Embassy is aware of several complaints about local attorneys, primarily involving real estate transactions, which have resulted in significant losses to American investors,” the US report charged.
Read here: http://www.tribune242.com/news/2016/jul/07/us-govt-blasts-bar-association/
To Foreign Investors;
Lawyers in the Bahamas are getting away with “stealing” clients’ money and land assets. They are caught receiving “a slap on the wrist” and nothing more for their actions.
Unless you are a Bahamian citizen, you should never EVER invest in this corrupt nation.
Foreign investors should not have any confidence in the Bahamian law system under these circumstances.
Foreigners must be aware of the unacceptable level of corruption in the Bahamas.
The Bahamian courts love to see cases drag on and on while sucking the life and money out of the victims.
LAND FRAUD is created by Bahamian lawyers and the corruption is managed by the attorneys/judges…facts don’t lie and the truth shall come to light.