Investment opportunity!

[Tuscan Tart]

http://www.findaproperty.com/displayprop.aspx?edid...

I am a bit concerned about my SIL, she has already paid the deposit and has just had a mortgage agreed for a purchase with the above company.

Has anyone else invested with this company? Does anyone have any good/bad feedback.

I smell a rat, but my SIL thinks it is the opportunity she has been waiting for.

Your thoughts please.

[Blib]

When is she flying out there to check it out? Or is she relying on the advert?

[V8mate]

Blib said:

When is she flying out there to check it out? Or is she relying on the advert?

Check what out? It's just a patch of sand

[audidoody]

[Tuscan Tart]

My thoughts exactly, she went with a so called friend to a seminar and seemed to be sucked in by it.

[wiggy001]

[trooperiziz]

So, basically... she's paid £1k for a patch of sand that she doesn't own?

[spikeyhead]

The ad states an income of £20k PA,

You wouldn't get that much from a 1 bed in prime London. How do they think they are going to get that in an impoverished Caribbean island?

GDP (PPP) 2002 estimate
- Total $866 million (197th)
- Per capita $5,950 (98th)

[shadowninja]

Tuscan Tart said:

My thoughts exactly, she went with a so called friend to a sales pitch and seemed to be sucked in by it.

EFA

Tell her to avoid the likes of Darren Winters if she suddenly thinks that she could make a few quid on the stock market.

[bigandclever]

I'm a misery guts...

Name & Registered Office:
OVERSEAS PROPERTY WORLD LIMITED
Status: Active
Date of Incorporation: 02/05/2006
Country of Origin: United Kingdom
Company Type: Private Limited Company
Nature of Business (SIC(03)):7031 - Real estate agencies
Accounting Reference Date: 30/09
Last Accounts Made Up To: 30/09/2007 (SMALL)
Next Accounts Due: 30/07/2009
Last Return Made Up To: 02/05/2007
Next Return Due: 30/05/2008 OVERDUE

Because that's what you want from a company you give your hard-earned to, isn't it? A not-so-on-the-ball attitude to legal and financial obligations.