U.K.: Hundreds of Investors Caught up in Land Scam Deal for the World Cup

Posted on June 29, 2014 • Filed under: Brazil, Real Estate Scam, United Kingdom

money.aol.co.uk reported hundreds of UK investors are nursing huge loses after being ripped off by a scam that promised to make money from the World Cup. The idea was that people would invest in plots of land that would be snapped up by developers in the building frenzy around the World Cup and the 2016 Olympics. The reality has seen some of them lose their life savings.
Now they have hired a lawyer to chase the cash, but it’s hard to see how they will ever trace this money. Read Article

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