Article preview: People who invested in an unauthorised land banking scheme are being encouraged to get in touch with the financial services regulator. Investors tied up in these schemes might be able to get some of their money back, according to the Financial Conduct Authority (FCA). Around £3 million was invested in an unauthorised collective investment scheme run by Synergy Land Group Limited between late 2009 and May 2011. The firm used high-pressure selling tactics to part investors from their money, selling small plots of land from two larger sites, marketed as Cheltenham Manor.
Land banking victims could get some money back
This 422-word blog post explains how investors in a land banking scheme promoted by Synergy Land Group Limited between late 2009 and May 2011 should get in touch with the Financial Conduct Authority, as they might be able to recover some of their money. Written on 11th October 2020.
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