ALBANY, N.Y. (AP) — The New York attorney general has sued businesses that promoted and sold condos in the Dominican Republic, alleging deceptive business practices.
The suit filed in New York cites complaints by more than 40 customers who paid $40,000 to $90,000 at Pueblo Bavaro on the Caribbean island but didn't get titles.
The lawsuit names the Dominican business Consorcio Empresarial Emproy-Divisa (con-SOR-shee-oh em-press-AR-ee-al EM-proy dee-VEE-sah), its president, New York's Rivas Travel and Multiservice and its owner.
The suit alleges they promoted the development from 2005 through 2008 in Manhattan's Washington Heights neighborhood as a sound investment.
David Rivas says he only organized travel groups, didn't receive money for the apartments and hopes displeased buyers will get reimbursed.
Attorney Boris Kogan says the company is trying to satisfy every legitimate complaint, adding the 44 complainants represent about 7 percent of unit buyers.