QUOTE(wolvie2k @ Dec 30 2009, 10:44 AM)
I think just like any other investments, it's best if you only invest on something that you have knowledge of. Buying land on a faraway place where you have no knowledge of its value sounds risky.
We shouldn't mix gambling and investing as these two are totally different activities. Those who gambles and consider it as an investment will definitely meet ruin.
i m a suker for tis type of too good to be true stories too We shouldn't mix gambling and investing as these two are totally different activities. Those who gambles and consider it as an investment will definitely meet ruin.
they've been bugging me, as persistent as those mlm & insuran ejen
i was seriously considering it, since luv gambling
but not easy find any positive feedback, google is our fren
http://propertyhighlights.blogspot.com/200...n-overseas.html
Anonymous said...
Folks, I would exercise extreme caution investing in the "Profitable Plots" schemes, it is a scam that was driven out of the UK and they have now relocated to Singapore. To give the company veil of respectability they have spent money on advertising and sponsorship of sporting events. DO NOT BE FOOLED, in all likelyhood if you invest in this "ligitamate scam" you will have genuine title to a piece of land as advertised. The UK has very strict planning laws and the chance of these plots being rezoned at any time is at best remote. These guys left the UK in a hurry, leaving behind some investors with virtually worthless title deeds to wasteland. One can only hope that the Singaporean authorities encourage them to move on as soon as possible. These are very sophisticated scam artists.
YOU HAVE BEEN WARNED. If you "invest" and have read this, please don't say you weren't told!
http://www.propertycommunity.com/forum/uk-...able-plots.html
Lysos Lysos is offline Senior Member
I did warn about this scam a year ago. Obviously, buyers in the Far East don't do the most basic research before throwing their money away, but that's why these land scam companies operate there.
http://www.thaivisa.com/forum/Profitable-P...up-t199299.html
p_brownstone Super Member
They were originally involved in "Land Banking" in the UK (see http://www.propertyscam.org.uk/) - buying Greenfield sites and subdividing them for sale claiming that Planning Permission for a residence was possible - it wasn't .
Recently they seem to have morphed into Investment Advisors, but whether that is simply an extension of the original scam I do not know.
http://www.realestate.net.my/forum/archive...stment-6373.htm
it would be nice if there were someone to share a true good news on this, with any relevant documents as proof
Dec 30 2009, 05:12 PM

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