All Forum Posts by: John Labban

Check this article from 4 weeks ago. Werner Macedo, co-owner of D32 with Doni from this article say they don't have money to payback our deposits. Well, this article says otherwise. I signed a cancelation contract in February 2023 for the 5 properties I put deposits down, totaling $224,000 in April of 2022. The cancelation contract stated they would refund my deposits in 6 months or if another buyer bought the contract for the properties. Whichever came first. That contract was up in August 2023 without any refunds. On August 8, 2024 they will be in breech of contract for a year now. I canceled because of on going lies about progress on the houses. Initially they said they would make payments to me and crap like they have millions in assets, just no liquid assets. Now they continually ghost me. Absolutely no communication. Their lawyer talked a few time with my lawyer from my home state but he just used delay tactics and bunch of bs. They have forced me to find a lawyer in Florida in order to get a judgement against them. With the numerous investors on this forum they have done this to, it is probably just the tip of the iceberg. The best part is, Wagner and Werner are brothers!! Ponzi scheme for sure. Then I find articles like this. Shamless.

https://www.liverpoolecho.co.uk/sport/football/football-news...

WOW.. 40k plus deposits on a home to be built.. ??? who does that.. And for rental houses. this is not common and absolutely crazy to do a deposit over maybe 5k or 10k.. I mean I build 700k plus homes in Oregon and get 10k deposits that go into ESCROW and if I don't deliver the Title/Escrow company would send them back.. This is insane that these guys got that large of deposits on a pre sale rental house construction sent directly to them. Geesh.

The Broker also who wrote those contracts and advised their clients to make these deposits most certainly has some liability here. And I suspect their E and O will kick in if this money is lost just sayin.. Of course the broker had to be representing you as the buyer and clearly denoted on the contract.. If the Broker was only representing the Seller then well you went un represented.. This FLA build new rentals got WAAAY over sold and huge FOMO that got buyers to lose their wits about how to protect their money..

This is has BK written all over it with monetary wipe outs..

@Jay Hinrichs, thanks for weighing in. You're absolutely right, and it’s frustrating to see so many buyers caught up in the same situation with Bennah Oaks and Nathi Townhomes. Several of us, myself included, were referred by Norada (Marco Santarelli). Until this point, I had nothing but great experiences with Norada's referrals in other markets, so I put my trust in them here as well.

As a veteran, I saved the money for these investments during my time on active duty and while working as a contractor in Afghanistan and Iraq for over five years. I believed I was putting that hard-earned money into something secure. It’s been incredibly difficult to see this situation unfold, especially given how much work and sacrifice went into saving for these properties.

Jay, Cody, or any one on Biggerpockets dealing with Wagner Nolasco: does any of you have a lawyer who is willing to start a class action lawsuit? We can subpoena Wagner to give us the list of buyers.

0 Votes

Orlando, Florida

Thank you

0 Votes

Orlando, Florida

Thank you for your input. The documents say he represents neither the buyer nor the seller. With the attached document, can you tell if Wagner has any responsibility to help the buyer. If not, then what he is trying to do is to avoid his reputation going down the drain and lose any future credibility and trust in the future.

0 Votes

Orlando, Florida

Good morning Wagner,

Unfortunately, you are not there for your clients and I will tell you why:

1- You did not answer my last email

2- You signed up with D32 builder knowing that it is not a trustworthy company. BBB has them at a D- rating because previous similar bad outcome

3- If you are really in the same boat as us, you need to start a class action lawsuit that involves all the investors in that project and/or sent a complaint to the attorney general in Florida that involves all of us get him to liquidate his assets, pay us back and get him behind bars. Don't forget, your half brother destroyed your reputation.

2 Votes

Orlando, Florida

Unfortunately, Wagner is now under the radar probably as told by lawyer. He failed his clients. I will not be surprised if a class action lawsuit gets filed again the building company and unfortunately Wagner because he is not playing the role that he should be playing.

1 Vote

Orlando, Florida

All Forum Posts by: John Labban

John Labban has started 0 posts and replied 6 times.

Post: What’s your experience with Wagner Nolasco B2RDirect

Post: What’s your experience with Wagner Nolasco B2RDirect

Post: What’s your experience with Wagner Nolasco B2RDirect

Post: What’s your experience with Wagner Nolasco B2RDirect

Post: What’s your experience with Wagner Nolasco B2RDirect

Post: What’s your experience with Wagner Nolasco B2RDirect