Balga FTD House

This is one of many houses that have stalled and will never progress or become complete, under Ricky Dean Hirsch's dodgy FTD Constructions company, which went into liquidation in January 2024.

 

​Known as a playboy property developer, his Fulfil The Dream company seemed more focused on luring potential customers with photos of himself on luxury yachts, expensive cars and living the high life, rather than giving his customers what they paid for.

 

Perhaps he never had any intentions to and with a baby playboy face like his, no doubt he should certainly be given a term of imprisonment, armed with only a bar of soap.

 

After being refused a renewal for their building contractor registration by WA's Building Services Board in August 2023, Ricky told The West Australian that "FTD Construction as a company is strong. It has met all its financial obligations" and that the Building Services Board had "misunderstood financial details presented to it by the company".

 

The hinting statements of victimisation and misrepresentation to maintain that all is well, is nothing more than the usual attempt by fraudsters to continue their hoodwinking enterprises.

 

​Surely by that stage, he should've known the game was up and his demise was imminent, notwithstanding someone so desperate to live the high life at other people's expense would've cared the slightest bit.

 

​It’s hard to speculate what his business plan entailed, if he had one or even knew how to write one but Ricky published a profile in the Forbes New York in August 2023 stating that, "FTD Constructions was disrupting the development industry by specialising in modular building". It's hard to know if this led to any further victims to swindle but it obviously didn't cost him an arm and a leg, judging from recent photos!

 

In an article published on News.com.au, Ricky stated "we have a uniquely devised system to outperform the marketplace" Um sure... there's nothing really unique about fraud, dipshit!

 

The con artist has apparently since moved to Dubai, telling Forbes that "his property development business, FTD Developments..." (Oh we've changed the company name, have we??) "... has expanded from Australia to Dubai, Singapore, China and Indonesia with plans to expand into the US and, in particular, to New York and Miami".

 

Sooo... to be successful you have to dream. Well that’s obviously good advertising for emotional investors who then face a harsh reality with yet another fraudster who just wants to live the high life at the cost of the victims he lures.

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Of course, people like Ricky Dean Hirsch never seem to be held accountable and the victims are never compensated or supported. This time around, no less than 20 investors and clients will ever see justice nor restitution. For some, they have lost everything including all their superannuation.

 

Just like the owner of this Balga house, or whatever is left of it.