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Tuesday 16 November 2010

BBC Inside Out: Olympic Land Scam

Investigation by BBC Inside Out London into a land scam based around the London Olympics in 2012 ruined victims. Illustrates again the dangers of cold calls and the ease by which victims can think they are speaking to someone in the UK when actually they are connected to a boiler room scam in Spain.

Click here.

9 comments:

  1. I have been contacted by Cavendish Land and Property who have guaranteed me 15 % per year on their land investments in Brazil.

    They seem very nice and polite on the phone but I do not want to get caught out again as I have lost money to various brokers already !!

    Please advise me on this company ....

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  2. Anon. I know nothing of Cavendish. It sounds like you have been cold called and I'm more and more convinced that one should never do business with a cold caller or their company.

    There is a thread on The Motley Fool which might be helpful: http://boards.fool.co.uk/cavendish-group-11620924.aspx?sort=whole

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  3. This may help you in deciding whether to invest or not ?

    http://www.biggerpockets.com/blogs/1415/blog_posts/10237-scam-vision-land-clp-cavendish-land-property-brazil-sunset-beach-

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  4. I have invested a huge amount of money, and been begging for the return of my money for almost a year with no success!

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  5. I have seen returns from cavendish, and will be re investing my profits.

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  6. This comment has been removed by a blog administrator.

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  7. Edited comment from anon: What returns? If you have seen returns, why you will be re-investing and not already re-invested??

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  8. its a complete scam. A friend of mine has lost nearly 30K. stay away people

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  9. There is no land it's a complete scam James vaid dealt with my father and now does not take calls!!

    ReplyDelete