David Lloyd Sued Over Kamala Millionaires Mile Development
Category:
Real estate, Posted:19 Jun 2011 | 10:43 am
According to a report in the UK's Daily Mail former Davis Cup Captain David Lloyd is being sued by another tennis star Greg Rusedski over a failed investment in Phuket.
A legal action has been filed with a claim of the return of a 740,000 pounds for an investment in the Cape Sawan luxury estate project which had been made three years ago.
The project was soft launched in March of 2010 as David Lloyd Asia acquired the remaining lots of Jomchang Phase 2.
As part of the development which had 26 lots of 1-2 rai, there was an option of two villa types from 610 square meters internal up to 1,000 square meters.
Pricing had been set from USD3.3 up to USD7.1 million.
The Daily Mail article say's the funds were paid by Rusedski into David Lloyds personal account in Thailand. Further stating that Lloyd has refuted the claims and the story is now playing out in the U.K media and the courts.
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