The name David Kosoy has become synonymous with controversy in the Bahamas real estate and financial sectors. Known as the chairman and co-founder of Sterling Global, Kosoy is now at the center of disputes surrounding the Sky Beach Resort project and several related investment structures. For many investors and future homeowners, the Sky Beach story has evolved into a case study of unfulfilled promises, withheld documentation, and mounting legal action.
The Sky Beach Justice Platform
To fight back, stakeholders launched Sky Beach Justice (skybeachjustice.com), a platform that unites affected investors and serves as a focal point for transparency and accountability. The site lays out the claims: Kosoy and Sterling Global allegedly failed to deliver essential project documents agreed upon in June 2022. These included construction agreements, hotel brand partnerships, and lender contracts.
According to Sky Beach Justice, investors had already deposited over $2.2 million USD into Kosoy’s bank at his request. Despite this, they claim the necessary formal agreements were never executed, halting progress and leaving investors exposed.
A Pattern of Allegations
The allegations tied to David Kosoy are not isolated. Sterling Global and its affiliates have been linked to other controversies, including debt funds like SCRED/Scredus and complaints filed with regulators in the Bahamas. Recent guilty verdicts against Sterling Asset Management in separate cases have further fueled skepticism about Kosoy’s broader operations and licensing.
For Sky Beach investors, these developments confirm what they have long suspected: that they are part of a wider pattern of questionable practices spanning multiple entities connected to Kosoy.
Legal Action on the Horizon
The Sky Beach Justice platform outlines its intent to escalate matters through the courts. Plans are in motion for both a class action and numerous individual lawsuits in Bahamian jurisdictions. Damages being sought include interest, loss of use, penalties, and lost income.
This coordinated legal strategy is a message to Kosoy and Sterling Global: investors will not remain silent, and they will pursue remedies through every available channel.
Hope for Investors
Despite the frustration and financial strain, the Sky Beach Justice campaign emphasizes hope. By uniting under one platform, investors gain strength in numbers and the ability to apply collective pressure. The site invites all affected stakeholders to fill out a contact form and be included in upcoming legal actions.
The message is clear: investors impacted by David Kosoy and his network have a rallying point. They no longer have to navigate their claims in isolation.
Conclusion
The saga of David Kosoy highlights the risks of opaque financial dealings and the resilience of investors who refuse to be ignored. Through Sky Beach Justice, victims are finding their voice and charting a path toward accountability.
For anyone impacted by Kosoy, Sterling Global, or related entities, the next step is simple: join the effort. Visit skybeachjustice.com today to connect with other investors, stay informed, and take part in the collective pursuit of justice.
For anyone impacted by Kosoy, Sterling Global, or related entities, the next step is simple: join the effort. Visit skybeachjustice.com today to connect with other investors, stay informed, and take part in the collective pursuit of justice.
