Land Scam - Money Maker or Money Taker?
By: John Smith
Whether it's a flier for a free seminar, an unsolicited e-mail
or a newspaper advertisement, offers to buy land as an investment
in the UK. While the messages may sound appealing, they are often
announcing a business opportunity that is actually a scheme to take
your money rather than to make you money. Promoters of fraudulent
business or franchise opportunities are likely to apply
high-pressure sales tactics to get you to buy in. So take your time
and do your research before you get involved. If it's a legitimate
business opportunity, it'll still be around when you're ready to
decide.
Take these steps to make sure the business (land investments) is
legitimate and shun any new escape becuase people have already
suffered in London Land Scams, Kent Land Scams and Sussex Land
Scams:
Get all earnings claims in writing and be sure the information
includes information about other clients who have earned at least
as much as the promotion claims.
Interview references provided by the promoter. Business
opportunity promoters are required to give potential purchasers the
contact information of at least 10 prior purchasers who live the
closest to the potential purchaser.
Study the business opportunity's franchise disclosure document.
Most business opportunity promoters must provide this information
to potential purchasers. It will include information about whether
the company has faced any lawsuits from prior purchasers or
lawsuits alleging fraud.
If the business involves selling products from well-known
companies, call the legal department of the company whose
merchandise is being promoted. Find out whether the business
opportunity and its promoter are affiliated with the company. Ask
whether the company has ever threatened trademark action against
the business opportunity promoter.
The author is a Land Expert based in the UK.
Article Source: http://www.articledashboard.com