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Scam?
armour
Posts: 311 Forumite
Anyone got any info on this firm?
http://www.buy2letcars.com/index.html
http://www.buy2letcars.com/index.html
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Comments
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Scam:To deliver 33% guaranteed return on your car –supplied by us
They can't return 33% pa to you. Why wouldn't they keep it for themselves?0 -
Looks like a good business model to me.
If you agree, please send me three pages of signed letterhead from your company along with your company's bank account details as I wish to transfer large sums of money to you.0 -
I'd prefer to buy one of those golden egg laying geese.US housing: it's not a bubble - Moneyweek Dec 12, 20050
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Kennyboy66 wrote: »I'd prefer to buy one of those golden egg laying geese.
I've only heard of one of those.
How much would you have to pay Jack?
I'm guess he wouldn;t need much cash even though the value of golden eggs have fallen
:wall:
What we've got here is....... failure to communicate.
Some men you just can't reach.
:wall:0 -
I've seen something on Peer to Peer rentals recently, was it in the weekly newsletter (not certain here)? I think they looked at the whipcar model, it might be worth looking at that to see how it compares to a possible scam.
ETA: think it was in the Economist - knew I'd seen it somewhere...Please stay safe in the sun and learn the A-E of melanoma: A = asymmetry, B = irregular borders, C= different colours, D= diameter, larger than 6mm, E = evolving, is your mole changing? Most moles are not cancerous, any doubts, please check next time you visit your GP.
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Sounds a bit like a pyramid scheme to me - this line for instance:Simply refer others and build a £250,000 per annum business income
The 33% coming from the monies of other joiners to this perhaps?
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i believe it follows this business plan: http://www.youtube.com/watch?v=tO5sxLapAts0
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The 33% return is over three years so not 33% per annum. But it's still just a blatant investment fraud.0
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I actually think it's a good website and a half-plausible idea. If only they'd tone the claims down a little bit (e.g. stressing the three years needed for a return, probably best to knock a few percentage pts off too; ditching mentions of the fanciful mega second income idea altogether) I reckon they could be onto a winner.FACT.0
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