Ricardo Covarrubias is accused of being one of those responsible for real estate fraud.
Ricardo Covarrubias, who was recently accused of dispossessing a property in Ajijic from its owners, is also linked to a megaproject that committed a fraud on the ejido community in Santa Cruz de la Soledad. Photo: Facebook.
Staff. – A man involved in the recent case of attempted land dispossession in Ajijic was also identified as one of those involved in the failed mega development project that seeks to build in Santa Cruz de la Soledad in the municipality of Chapala.
An affected person, who asked not to be named, stated that the man who appears in the video of the Ajijic complaint is the same one who has been involved in the appropriation of the ejido land (communally-owned land), a problem that the community’s ejido association has been dealing with since 2014. This person asserted that the construction of this project has not begun because there is an ongoing lawsuit.
Ricardo Covarrubias claimed to be the owner of the Ajijic property «Los Tepetates,» which he tried to appropriate. He is also one of the owners of the company Santa Cruz Inmobiliaria de Chapala S.A. de C.V., a company that planned a 164 hectares (about 400 acres) mega development of 3,066 single-family houses, 812 duplexes, 400 houses for senior citizens, a hotel, club house, golf course, area for horseback riding activities and a hospital. The company was created solely for this project.
The development, which would include the Junco, El Cántaro and San Francisco hills, as well as the dam, was criticized for its size and lack of sustainability. In addition, both the construction company and the Pension Institute of the State of Jalisco (IPEJAL) are involved in a controversy because they have committed a fraud against the ejido community of Santa Cruz, awarding the ejido land for common use, along with several parcels of land totaling the 164 hectares, acquired with 19 neighbors, all of them former employees, attorneys-in-fact or “loan sharks” of the companies of the Covarrubias Valenzuela family.
Likewise, the complainant alleged that there are people from the current administration of Chapala involved in some way in the development.
A group of affected people will meet to try to stop what they call a «real estate mafia.»
Translated by Sandy Britton
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