Beware of Nicolas Paez – Alexander Hamilton Capital (AHC) and Southwind

On August 9, 2016 we received an Email from Nicolas Paez with the subject line – Reaching Out for Help. This email told us about a deal with Southwind; an ‘investor’ had pulled out and they only had 1 more space that needed to be filled. He said that AHC, Alexander Hamilton Company, a Family Office was going to be backing all the deals with an initial $5 Millions committed and they just wanted to have a small group of investors – active or passive. Mr. Paez could not be more than a 10% partner because he was an active member of AHC and managed their assets. Please note this was not a deal we saw on online but a personal email I received from Mr. Paez. He found my details on another Real Estate website. We spoke to Mr. Paez on the phone for about an hour (he did most of the talking).

Four other member/shares were already secured and he needed a fifth; he would send over the articles of association for review along with the partnership agreement etc. After several requests to have conference calls, to have the company agreements and AOA, a receipt for our monies, names and contact details of the other partners - nothing was forthcoming. After several periods of patchy communication we requested our monies returned, stating that this is not how we conduct business. He agreed to return our monies, and weeks later asked us to sign a notice of withdrawal from the partnership. We declined this as we had not signed any partnership papers in the first place.

Through a joint email it transpires that he had also hooked another investor through another Real Estate website for the same 5th share with the identical ruse. We now are at the stage of seeking legal recourse to have our monies returned.

So, Investors Beware of NICOLAS PAEZ.

I was approached by the same individual back in July 2016. He offered me to buy 5% of his holding company at 50% discount. The whole deal was sketchy to say the least. He said that there were other partners in the deal but no one could have more than 10% pf the entity or something like that. He did not provide any references of contact info for those other partners and I declined his offer.
Looks like I did the right thing.