Prospective homeowners say they were scammed by Umana Developments

Jun 20, 2010 News

When Tajewattite Raghubeer decided to have her own home, she placed her trust in housing developer, Umana Developments; but today, she has no home and is in search of the developer to get her money back.
Raghubeer is not alone. Overseas-based Guyanese Drupattie Gravious, was also attracted by Umana Developments’ advertisement of a lake front development called Friendship Mews, some nine miles from Georgetown on the east Bank.
Gravious, of Flushing, New York, deposited the equivalent of $1 million into Umana Development’s bank account as down payment. She too wants her money back but is unable to contact the developer.
Raghubeer said she wanted a property at Sarah Johanna Gardens, East Bank Demerara. The property was going to cost $5 million. She was told she would need to deposit $500,000 so that the company could help her start a loan application at the New Building Society.
She deposited $300,000 in February, 2009 and signed a contract for Umana Developments to build her a 2-bedroom house. Then she made two further payments of $100,000 each.
Once this was done, she said that she kept calling the company for further details about the progress about the project, but was constantly being told to wait.
When Raghubeer’s frustration reached its limit, she told the company to cancel her contract and return her money. She said the company agreed but kept delaying. When she threatened to take the matter further, an official of the company called to say that it was restarting operations.
Raghubeer was not interested and still insisted that she wanted her money back. The company promised to pay back, but since early April this year, she has been unable to contact the owner of the company.
The other woman, Drupattie Gravious, through someone she asked to conduct the business for her in Guyana, has also been trying to get her money back, but has met with the same roadblocks Raghubeer has.
The company, on its website, describes itself as a service -based firm, claiming to have made “a series of investments in Guyana that are directly benificial (sic) to you.”
“We make owning your own home a dream come through,” the company claims, but for Raghubeer and Gravious, it has been more of a nightmare.
The company’s office at 71 Winter Place and Croal Street, Stabroek, Georgetown, has been closed, while another office it rented on Sandy Babb street, Kitty has also been closed, and that space is now being rented out.
Kaieteur News has been unable to contact the owners of the company through the numbers it advertised 225-4467 / 646-7357.

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Prospective homeowners say they were scammed by Umana Developments

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