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Updated by huahinscammer on Jul 31, 2019
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George Mastronikolis - A Greek Fraudster in Thailand - Buyer beware!

The Journey Begins

This site is for all customers who has been deceived and scammed by the now famous property scammer George Mastronikolis in Hua Hin Thailand.

We hope that by putting this website up, we can prevent George from selling more properties that he never finishes and on land that he does not own.

Buyer Beware!


George Mastronikolis – A Hua Hin Property Scammer

A Hua Hin Property Scammer

George is responsible for, among others, these developments and companies

Black Lotus
Lotus Villas & Resort
The Park Hua Hin
Golf Village
Crystal View
Regal Trading
Regal Thailand
Hua Hin Today
Greek Taverna
Corner 112


As the career of Niels Colov, a former Danish underworld figure turned newspaper publisher and police chief totters in Pattaya, Thailand, across the Gulf in the royal resort of Hua Hin it seems that the life-style of fellow publisher Greek George Mastronikolis is also hitting a few bumps.

Hua Hin Scammer | George Mastronikolis

George Mastronikolis - a Greek property scammer in Hua Hin, Thailand.

George has over the years racked up a significant amount of court cases against him. In Hua Hin there are at least 15 civil and criminal cases against him and in labor court in Prachuap Khirikhan about the same amount for various offenses regarding wrongful dismissal of staff and non paying of salaries.

Rumours now has it there is a new criminal case against him for fraud where he has sold land he does not own and he has failed to complete the house construction and failed to transfer the land. Court date to be updated later.

Below are a few of the court cases in Hua Hin.

Case 49/2550
Case 863/2559

Civil 25/59
Civil 58/60
Civil 426/60
Civil 427/60
Civil 603/58 – Default on contract of buy and sell property
Civil 640/59
Civil 862/59
Civil 808/60
Civil 2355/60
Civil 1761/61
Civil 1870/61

Criminal 539/58
Criminal 658/59 – Case for 50m THB
Criminal 954/60 – Check fraud
Criminal 569/61
Criminal 1479/61 – Criminal fraud
Criminal 317/62


George Mastronikolis scam

New Criminal case against George Mastronikolis
A civil and criminal case is ongoing in the court of Hua Hin. Plaintiff is a foreigner with a thai wife and defendant is among others George Mastronikolis. The plaintiff alleges that George Mastronikolis has taken money in the amount of approximately 5.3m THB (of a total sales price around 5.6m THB) and has failed to deliver a finished house and has failed to transfer the land to the plaintiff.

Infact, looking at photos that has been sent to us, it seems the house is 50% finished and the title deeds shows that the land has been sold three (3!) times after the contract was signed between George Mastronikolis and the plaintiff. Not once has the plaintiff been told about these sales and today noone seems to know who the owner of the land is.

The other defendants in the case are a thai company and another Hua Hin local who has been dragged into the case as George Mastronikolis has used this company to sign sales contracts through and received money into the bank accounts despite not being a shareholder, director or employee of the company. However George Mastronikoli’s girlfriend was a director at the time and has withdrawn the money from the bank accounts and later resigned as the director and left the company, leaving another person the sole director of the company to take the blame for the fraud.

Rumours are spreading that George used the money from the plaintiff to start his new restaurant called “Corner 112”, located on Petkasem soi 112, next to 7/11.


George Mastronikolis

George Mastronikolis

Just a quick warning about George Mastronikolis and his tactics when it comes to lawsuits.

He always knows that a case will go to arbitration/mediation and he will agree to a payment plan that the client comes up with. It may be to pay 10.000/month or maybe 1m/year.

However, in the end he will never pay. George has atleast 60m Thai Baht in debt through various cases that he never pays anything on. This is from getting information from previous buyers who have contacted us. The number may be much higher!

Further he put all his assets, companies and items in the name of his girlfriend, his children and his secretary K Oey. So for a civil lawsuit and mediation, it is doomed to fail as there are no assets to take.

The only way to win against George Mastronikolis is through criminal cases based on fraud.

Contact the consumer protection board and let them also file a civil case. The more cases through the consumer protection board, the more pressure there will be from officials in Bangkok to do something about this fraudster.

Something to try is also contacting DSI in Bangkok as they have more power than local authority in Hua Hin.


George Mastronikolis mocking court and plaintiffs

George Mastronikolis mocking court and plaintiffs

Last week we sent a local contact to check the status of a few cases against Geroge Mastronikolis.

Geroge Mastronikolis continues to play games with the Thai courts as clearly demonstrated in the case brought against him for failure to finish the construction of a house and transfer of land.

Plaintiff filed criminal and civil cases against George and the parties appeared in court in May. The court ordered George Mastronikolis to finalize the house and transfer the land to the plaintiff in 2 months time. The 2 months time has passed and the house has still not been finalized and the land has not been transferred to the plaintiff.
Plaintiff has no other option than go back to court and file charges again.

In the criminal case regarding check fraud, the parties met in court on the 18th of July but again George Mastronikolis came up with reasons to get the case postponed and next appearance will be in October 2019. We did hear that George had to spend one night in court jail as he failed to pay bail. But this has not been confirmed.

We will try and keep everyone updated on the progress in these cases