General Travel News

German developer wanted for hotel scam in Dubai

April 1- German authorities are looking for German national Georg Recker for a multi-million Euro fraud in connection with a hotel project in Dubai that was never built. Recker’s arrest warrant was issued in November last year by a court in Dortmund, Germany. Recker himself is said to be hiding in Dubai.

According to the details, investors have provided funds worth Dh123.7 million for the project titled Dubai 1000 Hotel Fonds, a four-star, 1050-room hotel in Dubailand, supposedly one of the largest hotels in the Middle East. The project was due to be completed by 2007. Recker requested a minimum investment of €10,000 from 900 investors in a bid to raise €142 million for the project. 

Five years later, however, the project has yet to see the light of the day. Recker still claims that the work on the project is on-going and the delay is because of the lack of infrastructure and facilities in Dubailand. He said the project will reach completion in the next two to three years. Thus, 70 investors are taking legal action against Recker and are being represented by a law firm based in Hamburg.

 

More General Travel News
Germany promoting family vacation, luxurious shopping and medical tourism
Exhibitors from 150 countries and 65 national pavilions expected at Arabian Travel Market Dubai
Discover Russia this summer
Latest Travel News
Emirates A380 Onboard Lounge on display ...
Etihad’s heavyweight promotion at Arabia...
Emirates cuts flights to the United Stat...
Featured Sights To See
Shoes on the Danube

Shoes on the Danube

Budapest, Hungary

A simple yet poignant monument to the Jews shot and thrown into the Danube by the fascist Arrow Cross Party in 1944, you’ll find this monument south of V Kossuth Lajos ter. Sixty pairs of cast iron boots and shoes circa the 1940s are scattered on the river’s bank. Location: V Pesti also rakpart   ...

The Central Market

The Central Market

Hong Kong, China

The Central Market is in the corner of Queen Victoria Street. It has a central courtyard and six floors. One of the first markets of Hong Kong, one can find all kinds of traditional handmade Chinese goods here. For all meat shopping this is the place to go to. In fact it is the biggest supplier of meat products in South Asia. This is also a place to collect rare Chinese herbs and roots and ...

Gibran Museum

Gibran Museum

Beirut, Lebanon

Located in the picturesque town of Besharre (or Bsharri), about 120km from Beirut, the Gibran Museum is dedicated to famed Lebanese poet, philosopher, painter, and author Gibran Khalil Gibran.  He was born into poverty in 1883 and received no formal education – priests taught him how to read and write.  In 1895, after their land was confiscated, Gibran moved to the US with his family. ...

Al-Sabeen Park

Al-Sabeen Park

Sanaa, Yemen

Address: located right next to the al-Sabeen Square off 45 Meters Road. This large, gently rolling landscape marvel is the venue for frequent local fairs and events. It is Sana'a’s largest public park, and houses a colorful assortment of flowering plants, offering locals and tourists alike a relaxing environment to let go after a long day. ...