UK investors hit by £19 million Brazilian property scam

Discussion in 'Brazil Property' started by Nicholas Wallwork, Jun 27, 2014.

  1. Nicholas Wallwork

    Nicholas Wallwork Editor-in-Chief Staff Member Premium Member

    It has being revealed that UK real estate investors were tricked into acquiring £10,000 property plots in Brazil only to find the land is worthless. A company by the name of Pantheon Realty Consultants is alleged to have promised the land would be developed as hotels and resorts leading to a 20% per year return [...]

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  2. Mineiro

    Mineiro New Member

    As a handful of us have been saying since the beginning Brazil is no place to invest if you don't live here and have an excellent knowledge of all the procedures involved in buying property in Brazil. For people who perhaps think they can make a quick buck, you will probably be swindled out of your money as so many people on this site have been. Brazil is one of the most dishonest countries in the world.
     
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