I have reported them to the state of Delaware which is where they claimed to have an office, however, further investigation of the address shows there is no such address.   

You do lead me to a point of maybe I should investigate their financial stability a bit more.The guy with the 4 plex I talked to WAS thinking about taking the $120k.

Investigate "transactional funding" and "joint ventures".    

I did not investigate further but took them at their word.

If this were a brick and mortar bank (now I switched to one), this would have been flagged to me before the bank took the action of refunding the money, triggering an investigation.

When I ran the numbers compared to US real estate, the added leverage potential here meant that it was not worth the additional hassle to continue investigating Dubai. 

Currently, I have been living in the Lisbon area (Cascais) for about 2.5 years.After some investigation into the Portuguese Real Estate market we (my wife and I) decided that with Portugal’s rapidly growing tourist influx that the risk/reward calculus pointed to STR.

Quote from @Josie Sandoval: You'll have to investigate.

Just read through some of these articles and you'll get the idea.https://www.indystar.com/story/news/investigations/2020/05/06/clayton-morris-bert-whalen-accused-by-indiana-attorney-general-deceptive-home-sales/5175543002/https://www.forbes.com/sites/forbesfinancecouncil/2020/01/31/who-can-you-trust-in-the-real-estate-investing-business/#720fb12c356fhttps://www.nytimes.com/2019/0...https://www.nytimes.com/2019/0...https://www.indystar.com/story...https://www.indystar.com/story...https://www.indystar.com/story...https://www.indystar.com/story...https://www.indystar.com/story...https://www.newsweek.com/clayt...https://www.usatoday.com/story...https://thehill.com/homenews/m...https://www.mediamatters.org/f...https://fox59.com/2019/03/26/e...Clayton Morris Lawsuit Case No. 1:18-cv-02797-WTL-DMLhttps://onedrive.live.com/?

I will consider your suggestion's particularly the investigating of the local real estate market here (or as a minimum use it as a guide for if/when i return to the states as so to develop my research and planning skills).Appreciate your feedback.