Audet and Partners, LLP is investigatiing the "Trump Ocean Resort" in Baja California.

According to press reports, investors in the "Trump Ocean Resort" in Baja California may have now lost their original deposits.  Buyers were asked to put down a 30% deposit for condos ranging in price from $300.000 to $2.5 million.  Now those investors have apparently lost their deposits.  These deposits appear to total more than $32 million. 

After pressuring developers for updates about construction that had apparently fallen behind schedule, investors allegedly received a letter this past December stating that negotiations for a construction loan from German bank WestLB AG collapsed and Trump Baja had only $556,000 left. It quoted a contract clause that allegedly gave the developer a right to spend their deposits. 

In addition, press reports indicate that construction on a number of Trump Hotels being built across the United States has been put on hold.

If you put down a deposit on any Trump property, and you have now lost that deposit, you are urged to contact the law firm of Audet & Partners, LLP to protect your legal rights.