Investor Loses S/120,000 in School Project Investment, faces Lengthy Repayment Plan
A young woman, identified as Fernanda, alleges she lost S/120,000 after investing in a school project through the San Patricio consortium, and is now facing a repayment plan stretching until 2029. The situation has left her feeling betrayed and financially strained, compounded by similar experiences reported by other investors.
Fernanda initially invested with the consortium, expecting a return on her investment. However, after several attempts to secure payment, she was told by Luis Fernando Taramona Espinoza, a representative of the consortium, that payment by 2029 was the only solution offered.
The investor reports that even Taramona espinoza’s wife became involved, attempting to persuade her to make further investments under the promise of recovering her initial funds – an offer Fernanda declined, stating her trust had been broken. A subsequent virtual meeting with the consortium yielded the same outcome: a contract promising repayment,but lacking a notarial seal and therefore,no guarantee.
Over the past 10 months, Fernanda has received no return on her investment. Her independent examination revealed others who claim to be owed money by Fernando Taramona, not through the consortium directly, but via a loan company he owns.
Beyond the lost investment, Fernanda estimates she has incurred S/10,000 in expenses related to legal fees, notarial letters, and conciliation attempts. She discovered a pattern among other affected investors: initial returns were prompt, but subsequent investments were not repaid.
Fernanda has hesitated to file an official claim due to unfavorable clauses within the original contract. She alleges the consortium informed her that her investment had been used to fund the legal defense of Representative Taramona in unrelated matters.
A revised contract offered a payment plan of S/1,500 per month until 2029, but Fernanda refused to accept it without a notarized signature, fearing a lack of legal recourse if payments were missed. Despite promises to find a notary, she claims the consortium ceased dialog.
When contacted by La República,Fernando Taramona,representative of the San Patricio consortium,stated the case is currently under “review and conciliation.” He acknowledged a delay in fulfilling payment obligations, attributing it to a challenging economic climate impacting the organization.He characterized the situation as a civil contractual issue and stated the consortium possesses a contingency fund, but it is solely for operational continuity, not for addressing investor repayment delays.