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Kim Phat Can Be Charged For Deceptive Behavior

Denounced Kim Phat as fraudulent

In the afternoon of September 27, representatives of Long Kim Phat Real Estate Joint Stock Company and Dat Xanh Group affirmed that the employment of Kim Phat Real Estate Joint Stock Company is wrong and will stand on the client side.

You can read more information at Vietnam Real Estate News

On the afternoon of 27-9, representatives of Long Kim Phat Company and Dat Xanh Group had a meeting with reporters to provide information on the article “Sale land but not contracted.”

Tran Cong Luan, General Director of Long Kim Phat Company, said that the company has signed a brokerage agreement with Kim Phat Real Estate Joint Stock Company to distribute the products of Gold Hill Project.

Accordingly, employees of Kim Phat Company will be consulted, introduced and collected deposits to buy land in the Gold Hill project. After that, Kim Phat company must transfer the deposit to Long Kim Phat within 24 hours.

Kim Phat is only able to collect deposits from the customer base. After that, customers will sign a contract with Long Kim Phat Company. Kim Phat company arbitrarily collect money from customers is wrong and breach brokerage contract “- Mr. Luan said.

Denounced Kim Phat as fraudulent
Project Gold Hill, where the couple bought land but not land contracted

General Director of Long Kim Phat Company confirmed that the company has not received a coin from the land Kim Phat sold to his wife Dinh Thanh Trung. Both Long Kim Phat and Dat Xanh have affirmed that they will always stand on the side of customers and protect the interests of buyers.

At the end of September, Long Kim Phat will work with Kim Phat to find out whether the company has any transactions with the couple, the buyer has transferred money or not, the customer with Kim Did you sign any contracts other than the two bills of …

Before the question, if Kim Phat not transfer nearly VND300 million of land bought by the couple Trung to the company Long Kim Phat to do the purchase contract, also do not return money to customers, Luan said, the company It can only be handled by cutting off brokerage contracts and fines for breach of contract.

Meanwhile, the rest is between customers with Kim Phat, Long Kim Phat and Dat Xanh will not be involved. Customers may make a denunciation of Kim Phat to the police about the deceptive behavior of the property. “That’s the way to go. We do not hope so “- he said Luan.

See more information at Vietnam Real Estate Market

Denounced Kim Phat as fraudulent
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Previously, as we have reported, Kim Phat Real Estate Joint Stock Company has collected more than VND300 million to sell the land at Gold Hill Project (Trang Bom, Dong Nai) but did not deliver the contract to customers.

Victim of Kim Phat is husband and wife of Dinh Thanh Trung (District 9, HCMC). Accordingly, in August, a 100-square-meter plot of land at the Gold Hill project was purchased for VND725 million. After being discounted, the amount of money he and his wife pay to Kim Phat VND650 million.

In early August, Trung deposited for Kim Phat’s employees VND20 million but not receive the receipt. On August 12, Trung handed over 197,500,000 dongs to pay for a plot of land GHL.016-18 but was not assigned a sale contract. Employees of Kim Phat told his wife Trung to pay the second installment of the contract.

On August 30, the couple continued to pay the second installment with the amount of 79,750,000 dongs but Kim Phat has not signed the contract. Kim Phat was authorized to distribute the Gold Hill project but changed its name to Dragon City. On the receipt of Trung also recorded land lot GHL.016-18, Dragon City project.

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Kim Phat Can Be Charged For Deceptive Behavior
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