Dumbo Investment -guide for investing newbies!: UK land SCAM firms closed down

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It is possible to make good money tremendously with trading forex, stocks, and even alternative investments linked to wine and land. However, it must be noted that money (your savings) can be lost to scams, fraud, inexperience, emotions and stupidity. One good reason that with all the knowlegde that i have and i am still not rich or a millionaire is probably due to stupidity and inexperience. Profits need discipline to lock in and earning should be done in modesty. It is not the knowlegde that counts, it is the experience. Let us all make a living out of trading and learn to earn ourselves the luxury that we all deserves, just because we dare try.

Apr 20, 2008

UK land SCAM firms closed down

Land banking SCAM firms caught

The High Court has ensured that three companies implicated in an investment land scam have been wound up, it has been revealed.

The three companies

Townfield Land Investments
Southwold Site Management
Libertas Land

these company were found selling land to investor for up to 50X of the actual value. This is a internet firms and was dependent on the LAND solely owned by Heritage Coast, which is totally not available for development.

Hence buying those land at 50X the value?
Dumb.

People who are intending to go into LandBanking might want to reconsider. even if the company promise you returns and already cheap price.

ITS ILLEGAL to promise RETURNS in LANDbanking!