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TLA Developments

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Best Work Environment I've Ever Worked In - Project Manager TLA Developments Employee Review

5.0
Jul 31, 2024
Recommend
CEO approval
Business Outlook

Pros

- Ownership treats you like family - Team genuinely wants to help each other out to the greatest degree possible - Innovation and creativity in problem solving is encouraged -Adversity in the face of challenge is taught and exemplified throughout the entire leadership team.

Cons

This company has been around for four years and has been through some very trying times as a corporation. This has of course, caused some reputational damage. The fact that this company started at the beginning of COVID, with a construction team that went out of their way to hamstring their projects at every turn, and faced all of the cost inflations that occurred in the construction industry during the pandemic, and has still gone out of their way to find ways to take care of their employees, teams, and investors no matter how difficult it has been for everyone, is a testament to just how great of a company this is.

Explore other reviews about TLA Developments

1.0
Jul 19, 2024
Recommend
CEO approval
Business Outlook

Pros

They make money and don't pay contractors.

Cons

If I could give TLA Developments zero stars, I would. As a former employee, I witnessed firsthand the company's egregious breach of contract, trust, and fiduciary duty that has left many investors and stakeholders in a precarious situation. Investors, including those through The REInvestors in 2021, have seen their money vanish. The land purchased was resold to someone else, and now there's a lawsuit to recover the missing funds. Hundreds of Canadian investors have been impacted, with at least $3.5 million diverted to fund other pet projects. What about those investors who trusted us? TLA Developments has admitted to misappropriating funds and failing to record bookkeeping entries accurately. The company consistently failed to provide annual reports, financial statements, or access to accurate bookkeeping records, leaving everyone in the dark about the true state of their investments. Our land was transferred below market value to another group to satisfy certain loans, severely impacting the Sterling Project and its investors. This was done without proper disclosure or transparency. TLA Developments is a company that has failed its investors through gross mismanagement and unethical practices. Their financial misdealings, lack of transparency, and inability to manage funds properly make them a highly unreliable and risky choice for any investment. Avoid this company at all costs to protect your hard-earned money.

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TLA Developments Response
1y
TLA Group of Holding companies believes, based off identical language used in reviews on other websites, that this individual is a self employed contractor from British Columbia. This person is fraudulently impersonating an employee of TLA Group of Holding Companies and misrepresenting facts in their review above. The accusations set forth in this review are false, slanderous, and fraudulent.
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