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Report: #450409

Complaint Review: Profitable Group - Profitable Plots - Syndications Canada - Toronto Ontario

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  • Reported By: Calgary Alberta
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  • Profitable Group - Profitable Plots - Syndications Canada 80 Bloor Street West, Ste 400 Toronto, Ontario Canada

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My investing experience with these people has not been good. In Feb 2008 I purchased two AAA real estate investment products totaling over 40K CDN.
The AAA products are supposed to be of the highest quality enabling a possible doubling of your investment in 3-6 months. If the investment does not pay out within a year you may renew for another year in the hopes of doubling your money or you can exit the investment with your original investment plus 12.5% interest. I was told in Aug 2008 that they were a couple of months behind. Early this year I was told the doubling would not happen until maybe late summer so I decided on the cash out option after the one year anniversary. They told me I would receive my money within 60 days. After 60 days I still had not heard from them so I contacted them and they gave me yet another new story and that they had known for 3 weeks there was another delay returning my funds and that it may be mid June before I see my money. I asked them how they were going to compensate me for the delay in returning what they owe me. They have not replied as of yet so I have hired legal counsel to recover my money. I have documentation to prove all of what I have indicated.

Brent
Calgary, Alberta
Canada

This report was posted on Ripoff Report on 05/10/2009 10:12 AM and is a permanent record located here: https://www.ripoffreport.com/reports/profitable-group-profitable-plots-syndications-canada/toronto-ontario-m5s2v1/profitable-group-profitable-plots-syndications-canada-fail-to-pay-as-promised-toronto-450409. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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#7 Consumer Suggestion

Don't bank on this land for making a profit

AUTHOR: Two Jakes - (USA)

POSTED: Sunday, October 04, 2009

From a very reputable UK national  newspaper called the Guardian.


http://www.guardian.co.uk/money/2009/feb/21/capital-letters  


Don't bank on this land for making a profit


  A company called Profitable Group is offering UK land for sale  in Singapore on TV adverts. The deal is that you buy land without planning permission - they are selling land  in Colchester and Hounslow - and wait a little while until its gets the local authority go-ahead when it will become very valuable. It is very hard to find out information here, can you tell me what you know about Profitable?


                              ------------------


  This is landbanking - a get-rich-quick scheme that has never delivered except for the promoters, who can multiply their investment in land many times over - 10,000 an acre agricultural land is sold for 100,000 by landbankers. Profitable's Colchester land is protected by a covenant preventing resale at a profit, so planning gains would be difficult - and currently house demand is so low that builders have an over-supply of both homes and land.


Profitable also claims interests in sport and recruitment. Former Scottish footballer Kenny Dalglish is listed as an executive on its sporting side. The main board of this Singapore-based company also includes Tim Goldring, John Nordmann, James Hodgson and Nigel Blanchard, who were also directors of UK-based Profitable Plot Company. This went into liquidation last year after failing to produce accounts and, after three years of landbanking, sales in the UK did not produce the big gains promised.

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#6 Consumer Comment

Same address for SCI and Profitable Plots

AUTHOR: Two Jakes - (USA)

POSTED: Wednesday, September 30, 2009

I am very glad you got your money back and I hope that Profitable Group will now do the same for all the other investors in Asia who were told they could expect high returns from this investment.

I do notice that

Profitable Group,  80 Bloor Street West

Profitable Plots,   80 Bloor Street West, Suite 400

Syndications Canada Inc, 80 Bloor St W, Suite #400,

All have the same address listed in Toronto, ON Canada.

So to say these companies are not related does seems a bit of a stretch.

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#5 Author of original report

Update to my complaint

AUTHOR: Bwrcalgary - (Canada)

POSTED: Wednesday, September 30, 2009

Syndications Canada Inc. had nothing to do with my transaction with Profitable Plots and SCI has agreed to honour Profitable Plots obligation by paying me my investment plus 12.5%.


BR


Calgary

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#4

Profitable Group = Prime Funds ?

AUTHOR: Two Jakes - (USA)

POSTED: Saturday, September 19, 2009

A company called Prime Funds in Canada has started to offer Concorde Village Hounslow land banking plots. PF marketting material seems to be very similar to the Singapore Profitable Group. Prime Funds claim to have signed an agreement with Taylor Woodrow "once planning permission has been obtained" which is the same agreement that Profitable Group claim.
http://primefunds.ca/UK_Project.html

Are we seeing the transition of name that seems to happen to Land Banking companies after public awareness kicks in?  Prime Funds do not appear to be offering the AAA option but are making highly optimistic statements.

Hounslow Planning Authority  have made some clear statements on this Green Belt site which are not reflected on either the Prime Fund or Profitable Group web site.

"The site does not have planning permission. We have been in contact with the planning consultants to reiterate that any proposal for redevelopment of this site for residential or mixed used purposes, under current policy, would not be supported by the Council. We have asked that this is relayed to any marketing company that the landowners may be using."

Source:-
http://www.hounslowchronicle.co.uk/west-london-news/local-hounslow-news/2009/08/13/is-concorde-village-a-real-opportunity-109642-24443896/

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#3 Consumer Comment

You've been warned!

AUTHOR: Land Banking - (Singapore)

POSTED: Thursday, July 30, 2009

Kevin Jones, Stephen Quayle and Ian McCallum are now in Sunny Spain, and Richard Willoughby is still in the UK thinking that he is safe. All four individuals have been involved in a BIG Scam, and you have still done nothing. They have got away with millions of peoples money.
COPY SENT TWO YEARS AGO TO THE MONEY LAUNDERING ORGANISATION
This could possibly be the most significant letter you will have received this decade. I am about to share with you a multi million pound scam that still continues to flourish in the UK today. This scam has been protected by individuals who are abusing a major loophole in the law; this particular loophole is not regulated by law, so there is a major case of abuse going on as we speak.
(Now I am not questioning the legality of the scheme as I have checked this out with a friend of mine at the CID. What I do question is if this partnership that you will hear about is indeed paying tax or VAT or NIC, I believe they are paying none).
As you read on you will find out that this elaborate scam does exist, and I would like to sate that everything I share with you can be backed up with documented evidence as to the validity of the scam. The very essence of the scam involves the buying and selling of Land but before I go into detail allow me to share a secret with you of how it all came about.
About two and a half years ago a company was formed in the UK called (CLB), Capital Land Bank Ltd. Registration Number 04510111. The mission of this company was to buy cheap greenbelt land, divide the land into smaller plots and then offer these plots to the general public as a brilliant investment, which they successfully did.
There is a company called Property Spy who have been successfully doing this for quite some time now, so the people behind CLB just had to copy an existing platform, and if they did the same thing, then they would obviously achieve the same result. Well, over two and a half years later they have pocketed several millions and laundered the money to Spain .
There is no law in this country that has any legal right to pertaining to land being purchased then sub divided. Any individual can buy a plot of land, divide this land up with the help of an architect, and forward the proposal to HML registry to obtain smaller plots all with their own title deeds. Then these smaller plots are sold off in individual portions as a brilliant investment. They tell the prospective buyer that the land will eventually get planning consent and they will make 10-15 times their investment.
First of all I would like to state that greenbelt land is just that, greenbelt and you cannot give any indication as to the date it will get planning, why? Because know body knows.
In the beginning the company CLB raised funds by offering people they knew an opportunity to get involved on the ground floor as affiliates. Affiliates could recommend other would be punters and receive a 15% commission.
The individuals who are behind this scam are the very same people who were the founder members of the ostrich farming corporation scam; this was closed down by the DTI.
There are three companies who are all associated with the initial company Capital Land Bank; their details will be reviled in the letter. Currently glossy literature is mailed out to interested punters who call in from the national advertising campaign.
Although it is an expensive exercise to send out a DVD and glossy brochures to potential buyers, it becomes apparent that when a plot of land is sold, on average a profit of some ?10,000 is made every time, making this a very lucrative business indeed. All the land company does is pay the sales rep 10-15% commission, and pockets the difference.
Usually for every 20-30 business packs that are sent out which include a glossy brochure and DVD you will find one or two people will part with the minimum required which is ?12,000.
For your ?12,000 investment you will receive the title deeds to a small piece of land which will never get planning consent. You can go to the different websites and look at the site map which pertains to Scholes and Cookridge west Yorkshire . There are also plots being sold in Godalming. This greenbelt land was purchased for under ?100,000. The deal was done by a man called ?Richard Willoughby? who is one of the partners of a company you will hear more about called ?ELP The English land Partnership?.
A part time architect was brought in who then divided this land into small plots of around one tenth of an acre. There are some 190 little plots on this site which have sold for between ?12,000 and ?30,000 this will return almost three million not bad hey for an initial layout of ?100,000? (The site has now been sold. Where is the three million? It?s in Spain somewhere)
The map looks even better when you draw little houses on it with trees etc, but remember this is still greenbelt land and as yet has not received planning consent. The map looks better still when you draw the word ?sold? over 60-70% of it and then ?reserved? on the rest.
Before I go into further detail about the scam and money laundering operation, allow me to give you some background on the people behind this particular company. (By the way the company was liquidated just before the DTI was going to close them down). Contact Paul Simpson senior investigator for the DTI on 0161 952 4497 he will put you in the picture.
Capital land Bank Ltd (CLB), is now trading as The English land Partnership (ELP)
Kevin Jones
Stephen Quayle
Ian McCallum
Richard Willoughby
Peter sage
o Kevin Jones (The big Boss. Just served 5 years in prison for major fraud. This man is the main man responsible for another Scam which was called ?The ostrich farming corporation? which was closed down by the DTI) Kevin owns The English Land Partnership the company, but cannot operate it in his name because of his criminal history, therefore he operates it at a distance. Interesting fact: He now drives a Rolls Royce. How does he do this, as he does not appear as a partner but is in the London office everyday?
o Ian McCallum (Front Man) currently has everything in his name because Mr. Jones has just finished his parole after serving a 5 year prison sentence for serious fraud. (he was also involved in the ostrich scam, best friend with Kevin Jones)
o Stephen Quayle (Kevin?s right hand man, also a former Ostrich Farming Scam member)) A very sharp cookie indeed, manipulative and cleaver in sending the profits of the English land partnership overseas.
These three people above were all involved at the very highest level in the ostrich farming scam that was closed down by the DTI a few years ago.
o Peter sage (Investor & former partner) Details of Peter Sage enclosed. Has been banned as acting as a company director for 5 years (just finished) currently being closely watched by the police. He now owns and runs Profitable Plots.
o (Peter Sage has sold profitable plots and now lives in Canada )
o Richard Willoughby (Calls himself an expert on Land Acquisitions) Tells people he was totally independent of CLB, this is not true, now that CLB has been wound up he appears on the ELP website. A Land Acquisitions buyer and seller, who on the surface appears to be cleaner than a preacher?s sheet, Totally aware that all the partners have criminal records, but he does not care as he gets paid large sums of cash to keep quiet.
This is how the scam works:
o You take a field of greenbelt land (any size will do) which you buy for peanuts.
o 1 acre of greenbelt land (approximate value ?5,000)
o You then divide this into smaller plot sizes of around a tenth of an acre
o You do this by drawing up a map with the help of an architect
o Now you have what looks like a map of little plots
o You then draw little houses on the map to make it look nice and legitimate
o Then you sell these plots as potential 3-4 bedroom plots at pre-planning prices
o You then further baffle them with terminology, telling them the (UDP) Unitary development programme states that planning permission will be inevitable.
o You tell people that although there is no current planning permission, this land is next in line to get it
o There is NO guarantee that planning will ever be approved (Please call Leeds council and ask them)
o You then tell people who telephone in from your advertising campaign that this is prime greenbelt land and that you have inside information that it will get planning consent.
o You then take anything from ?12,000 to ?30,000 for a plot of land that has a value of lass than ?500 (and the land is not even good enough to fly a kite on)
o One person even paid over ?150,000 for 10 plots and received a discount.
o Six months later the same client paid a further ?280,000.
So back to the story
When Capital Land bank (CLB) was first formulated, the partners approached their own contacts and told them that they were going to create a brilliant Land banking company. The affiliates could all pay as little as ?6,000 for a plot of prime greenbelt land (half price) and that they could sit on it as an investment or CLB would sell it for them and they would split the commission.
Example: The initial investors two years ago could buy a plot of land ?6,000 (true value less than ?400) Capital Land bank Ltd would then sell it on their behalf for ?12,000 and the proposal was that the affiliate would share the profit ?3,000 each. Not bad hey. But they would also guarantee that if they did not sell the land they would give the affiliate10% interest on their investment after six months.
Do you think that this was ever honoured? Over 50+ people have been ripped off.
A customer who came to one of their slick presentation in London recognised Kevin Jones and must have informed the DTI, just as the DTI moved in to close the company down, they liquidated CLB and all of the money and assets disappeared.
Within one month a new company was formed called ?The English land partnership? ELP same people, but this time a non limited company. Apparently the DTI do not have any jurisdiction on Partnerships only Limited companies. The trading standards however have powers but they either don?t have the time or they simply don?t care. All of the 50 plus people who invested between ?6,000 and ?30,000 have never received any money back. Since CLB ( Capital Land bank) no longer exists people were basically told to whistle for their money.
Since the launch of Capital Land bank and Landbanking concept the partners have now split, and they have all gone their separate ways.
From this initial company three other companies have been formulated, and guess what none of them have any experience in Land Acquisitions, they are as follows:-
1. The English land partnership www.theenglishlandpartnership.com
Address:
1 Berkeley Street
London
W1J 8DJ Telephone: 0870 225 0010 Fax: 0870 225 0011

Current Partners,
Kevin Jones
Stephen Quayle
Ian McCallum
Richard Willoughby (Possibly the biggest crook of them all)
2. Perfect Plots www.buyengland.com
The Profitable Plot Company Ltd,
Address: Bramcote House, Ervington Court , Meridian Business Park, Leicester , LE19 1WL , United Kingdom
UK Office 0800 043 44 45 *Outside UK Dial +44 116 282 2140
Fax +44 116 263 1468 Sole Owner, Peter Sage (but now operates it at a distance and does not appear on the memorandums and articles of association)
3. Hayden James www.haydenjames.co.uk/about.htm
Head Office
Manvers House
Pioneer Close
Wath Upon Dearne
South Yorkshire
S63 7JZ
Sales Office This is a mailing address used to make the
The Business Centre business feel important
Empire House
175 Piccadilly
Mayfair
London
W1J 9TB
Tel No: 0870-80-80-118
Fax No: 0870-22-50-060
Email: enquiries@haydenjames.co.uk
The Two Partners of Hayden James,
Mandy Lewis (Peter Sage?s ex-girlfriend)
Domenic Jones (Kevin Jones?s son)
(I wonder where these two youngsters were able to find the money to set up their own Landbanking Company as Domenic is just 23 and Mandy is aged 28 and broke.). Not now though.
And finally, another man called ?Stephen Cleeve? who used to work as the manger of The English Land Partnership has decided to set up his own company. After his initial training by Stephen Quayle, he then one morning decided to jump ship and start his own company now called ?ELS? The European Land Sales Partnership. Well, you know what they say ?No honour amongst thieves?
When he parted with them he took half of their sales force, nice hey!!
All of these companies use the same tactics and strategies to take money off people for land that does not have planning permission. In some cases they are all selling the same land which is located in Leeds (you should speak with Leeds council and see what they have to say, they have been bombarded with calls from people). Also look at the land these people are selling Cookridge and Scholes. You should also speak to the residence in that area, some of the land has been sold many times over.
Someone needs to put a stop to this as people are loosing money. Any type of land that is greenbelt land is just that, greenbelt land. You cannot call it prime or platinum grade land because greenbelt land no matter what label you place on it does not have planning consent.
None of these so called land companies intend on paying any kind of tax, and all the sales people working for them are self employed. Monies from ELP (The English Land Partnership) are being sent to Spain and re-invested in other projects.
If you look into ELP?s bank account you will find that they never hold money just in case they get caught.
On a final note: Profitable Plots and The English Land Partnership have the same land for sale, yet if you look at the website of Profitable Plots it condemns the so called plot owners association, if so then why does it have and has had the same land for sale (Cookridge, Scholes and Everton) ?
Here is the link http://www.bbc.co.uk/pressoffice/pressreleases/stories/2006/01_january/23/inside_out.shtml
There are many people doing this in England , the land will never get planning permission!!
http://www.stephencleeve.com/
http://money.scotsman.com/scotsman/articles/articledisplay.jsp?section=Mortgages&article_id=3316174
http://www.propertyweek.com/story.asp?sectioncode=38&storycode=3029761
http://www.alantanblog.com/uncategorized/land-banking-is-a-scam.html

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#2 Consumer Comment

You've been warned!

AUTHOR: Land Banking - (Singapore)

POSTED: Thursday, July 30, 2009

Kevin Jones, Stephen Quayle and Ian McCallum are now in Sunny Spain, and Richard Willoughby is still in the UK thinking that he is safe. All four individuals have been involved in a BIG Scam, and you have still done nothing. They have got away with millions of peoples money.
COPY SENT TWO YEARS AGO TO THE MONEY LAUNDERING ORGANISATION
This could possibly be the most significant letter you will have received this decade. I am about to share with you a multi million pound scam that still continues to flourish in the UK today. This scam has been protected by individuals who are abusing a major loophole in the law; this particular loophole is not regulated by law, so there is a major case of abuse going on as we speak.
(Now I am not questioning the legality of the scheme as I have checked this out with a friend of mine at the CID. What I do question is if this partnership that you will hear about is indeed paying tax or VAT or NIC, I believe they are paying none).
As you read on you will find out that this elaborate scam does exist, and I would like to sate that everything I share with you can be backed up with documented evidence as to the validity of the scam. The very essence of the scam involves the buying and selling of Land but before I go into detail allow me to share a secret with you of how it all came about.
About two and a half years ago a company was formed in the UK called (CLB), Capital Land Bank Ltd. Registration Number 04510111. The mission of this company was to buy cheap greenbelt land, divide the land into smaller plots and then offer these plots to the general public as a brilliant investment, which they successfully did.
There is a company called Property Spy who have been successfully doing this for quite some time now, so the people behind CLB just had to copy an existing platform, and if they did the same thing, then they would obviously achieve the same result. Well, over two and a half years later they have pocketed several millions and laundered the money to Spain .
There is no law in this country that has any legal right to pertaining to land being purchased then sub divided. Any individual can buy a plot of land, divide this land up with the help of an architect, and forward the proposal to HML registry to obtain smaller plots all with their own title deeds. Then these smaller plots are sold off in individual portions as a brilliant investment. They tell the prospective buyer that the land will eventually get planning consent and they will make 10-15 times their investment.
First of all I would like to state that greenbelt land is just that, greenbelt and you cannot give any indication as to the date it will get planning, why? Because know body knows.
In the beginning the company CLB raised funds by offering people they knew an opportunity to get involved on the ground floor as affiliates. Affiliates could recommend other would be punters and receive a 15% commission.
The individuals who are behind this scam are the very same people who were the founder members of the ostrich farming corporation scam; this was closed down by the DTI.
There are three companies who are all associated with the initial company Capital Land Bank; their details will be reviled in the letter. Currently glossy literature is mailed out to interested punters who call in from the national advertising campaign.
Although it is an expensive exercise to send out a DVD and glossy brochures to potential buyers, it becomes apparent that when a plot of land is sold, on average a profit of some ?10,000 is made every time, making this a very lucrative business indeed. All the land company does is pay the sales rep 10-15% commission, and pockets the difference.
Usually for every 20-30 business packs that are sent out which include a glossy brochure and DVD you will find one or two people will part with the minimum required which is ?12,000.
For your ?12,000 investment you will receive the title deeds to a small piece of land which will never get planning consent. You can go to the different websites and look at the site map which pertains to Scholes and Cookridge west Yorkshire . There are also plots being sold in Godalming. This greenbelt land was purchased for under ?100,000. The deal was done by a man called ?Richard Willoughby? who is one of the partners of a company you will hear more about called ?ELP The English land Partnership?.
A part time architect was brought in who then divided this land into small plots of around one tenth of an acre. There are some 190 little plots on this site which have sold for between ?12,000 and ?30,000 this will return almost three million not bad hey for an initial layout of ?100,000? (The site has now been sold. Where is the three million? It?s in Spain somewhere)
The map looks even better when you draw little houses on it with trees etc, but remember this is still greenbelt land and as yet has not received planning consent. The map looks better still when you draw the word ?sold? over 60-70% of it and then ?reserved? on the rest.
Before I go into further detail about the scam and money laundering operation, allow me to give you some background on the people behind this particular company. (By the way the company was liquidated just before the DTI was going to close them down). Contact Paul Simpson senior investigator for the DTI on 0161 952 4497 he will put you in the picture.
Capital land Bank Ltd (CLB), is now trading as The English land Partnership (ELP)
Kevin Jones
Stephen Quayle
Ian McCallum
Richard Willoughby
Peter sage
o Kevin Jones (The big Boss. Just served 5 years in prison for major fraud. This man is the main man responsible for another Scam which was called ?The ostrich farming corporation? which was closed down by the DTI) Kevin owns The English Land Partnership the company, but cannot operate it in his name because of his criminal history, therefore he operates it at a distance. Interesting fact: He now drives a Rolls Royce. How does he do this, as he does not appear as a partner but is in the London office everyday?
o Ian McCallum (Front Man) currently has everything in his name because Mr. Jones has just finished his parole after serving a 5 year prison sentence for serious fraud. (he was also involved in the ostrich scam, best friend with Kevin Jones)
o Stephen Quayle (Kevin?s right hand man, also a former Ostrich Farming Scam member)) A very sharp cookie indeed, manipulative and cleaver in sending the profits of the English land partnership overseas.
These three people above were all involved at the very highest level in the ostrich farming scam that was closed down by the DTI a few years ago.
o Peter sage (Investor & former partner) Details of Peter Sage enclosed. Has been banned as acting as a company director for 5 years (just finished) currently being closely watched by the police. He now owns and runs Profitable Plots.
o (Peter Sage has sold profitable plots and now lives in Canada )
o Richard Willoughby (Calls himself an expert on Land Acquisitions) Tells people he was totally independent of CLB, this is not true, now that CLB has been wound up he appears on the ELP website. A Land Acquisitions buyer and seller, who on the surface appears to be cleaner than a preacher?s sheet, Totally aware that all the partners have criminal records, but he does not care as he gets paid large sums of cash to keep quiet.
This is how the scam works:
o You take a field of greenbelt land (any size will do) which you buy for peanuts.
o 1 acre of greenbelt land (approximate value ?5,000)
o You then divide this into smaller plot sizes of around a tenth of an acre
o You do this by drawing up a map with the help of an architect
o Now you have what looks like a map of little plots
o You then draw little houses on the map to make it look nice and legitimate
o Then you sell these plots as potential 3-4 bedroom plots at pre-planning prices
o You then further baffle them with terminology, telling them the (UDP) Unitary development programme states that planning permission will be inevitable.
o You tell people that although there is no current planning permission, this land is next in line to get it
o There is NO guarantee that planning will ever be approved (Please call Leeds council and ask them)
o You then tell people who telephone in from your advertising campaign that this is prime greenbelt land and that you have inside information that it will get planning consent.
o You then take anything from ?12,000 to ?30,000 for a plot of land that has a value of lass than ?500 (and the land is not even good enough to fly a kite on)
o One person even paid over ?150,000 for 10 plots and received a discount.
o Six months later the same client paid a further ?280,000.
So back to the story
When Capital Land bank (CLB) was first formulated, the partners approached their own contacts and told them that they were going to create a brilliant Land banking company. The affiliates could all pay as little as ?6,000 for a plot of prime greenbelt land (half price) and that they could sit on it as an investment or CLB would sell it for them and they would split the commission.
Example: The initial investors two years ago could buy a plot of land ?6,000 (true value less than ?400) Capital Land bank Ltd would then sell it on their behalf for ?12,000 and the proposal was that the affiliate would share the profit ?3,000 each. Not bad hey. But they would also guarantee that if they did not sell the land they would give the affiliate10% interest on their investment after six months.
Do you think that this was ever honoured? Over 50+ people have been ripped off.
A customer who came to one of their slick presentation in London recognised Kevin Jones and must have informed the DTI, just as the DTI moved in to close the company down, they liquidated CLB and all of the money and assets disappeared.
Within one month a new company was formed called ?The English land partnership? ELP same people, but this time a non limited company. Apparently the DTI do not have any jurisdiction on Partnerships only Limited companies. The trading standards however have powers but they either don?t have the time or they simply don?t care. All of the 50 plus people who invested between ?6,000 and ?30,000 have never received any money back. Since CLB ( Capital Land bank) no longer exists people were basically told to whistle for their money.
Since the launch of Capital Land bank and Landbanking concept the partners have now split, and they have all gone their separate ways.
From this initial company three other companies have been formulated, and guess what none of them have any experience in Land Acquisitions, they are as follows:-
1. The English land partnership www.theenglishlandpartnership.com
Address:
1 Berkeley Street
London
W1J 8DJ Telephone: 0870 225 0010 Fax: 0870 225 0011

Current Partners,
Kevin Jones
Stephen Quayle
Ian McCallum
Richard Willoughby (Possibly the biggest crook of them all)
2. Perfect Plots www.buyengland.com
The Profitable Plot Company Ltd,
Address: Bramcote House, Ervington Court , Meridian Business Park, Leicester , LE19 1WL , United Kingdom
UK Office 0800 043 44 45 *Outside UK Dial +44 116 282 2140
Fax +44 116 263 1468 Sole Owner, Peter Sage (but now operates it at a distance and does not appear on the memorandums and articles of association)
3. Hayden James www.haydenjames.co.uk/about.htm
Head Office
Manvers House
Pioneer Close
Wath Upon Dearne
South Yorkshire
S63 7JZ
Sales Office This is a mailing address used to make the
The Business Centre business feel important
Empire House
175 Piccadilly
Mayfair
London
W1J 9TB
Tel No: 0870-80-80-118
Fax No: 0870-22-50-060
Email: enquiries@haydenjames.co.uk
The Two Partners of Hayden James,
Mandy Lewis (Peter Sage?s ex-girlfriend)
Domenic Jones (Kevin Jones?s son)
(I wonder where these two youngsters were able to find the money to set up their own Landbanking Company as Domenic is just 23 and Mandy is aged 28 and broke.). Not now though.
And finally, another man called ?Stephen Cleeve? who used to work as the manger of The English Land Partnership has decided to set up his own company. After his initial training by Stephen Quayle, he then one morning decided to jump ship and start his own company now called ?ELS? The European Land Sales Partnership. Well, you know what they say ?No honour amongst thieves?
When he parted with them he took half of their sales force, nice hey!!
All of these companies use the same tactics and strategies to take money off people for land that does not have planning permission. In some cases they are all selling the same land which is located in Leeds (you should speak with Leeds council and see what they have to say, they have been bombarded with calls from people). Also look at the land these people are selling Cookridge and Scholes. You should also speak to the residence in that area, some of the land has been sold many times over.
Someone needs to put a stop to this as people are loosing money. Any type of land that is greenbelt land is just that, greenbelt land. You cannot call it prime or platinum grade land because greenbelt land no matter what label you place on it does not have planning consent.
None of these so called land companies intend on paying any kind of tax, and all the sales people working for them are self employed. Monies from ELP (The English Land Partnership) are being sent to Spain and re-invested in other projects.
If you look into ELP?s bank account you will find that they never hold money just in case they get caught.
On a final note: Profitable Plots and The English Land Partnership have the same land for sale, yet if you look at the website of Profitable Plots it condemns the so called plot owners association, if so then why does it have and has had the same land for sale (Cookridge, Scholes and Everton) ?
Here is the link http://www.bbc.co.uk/pressoffice/pressreleases/stories/2006/01_january/23/inside_out.shtml
There are many people doing this in England , the land will never get planning permission!!
http://www.stephencleeve.com/
http://money.scotsman.com/scotsman/articles/articledisplay.jsp?section=Mortgages&article_id=3316174
http://www.propertyweek.com/story.asp?sectioncode=38&storycode=3029761
http://www.alantanblog.com/uncategorized/land-banking-is-a-scam.html

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#1 Consumer Comment

The Land this company invests in is UK green belt

AUTHOR: Lonemover - (United Kingdom)

POSTED: Tuesday, May 12, 2009

The parent company called Profitable Group operates out of Singapore. They buys greenbelt or agricultural land in the UK and cuts it into thousands of small plots and sells it to investors in Asia and Canada at very high margin. The investment proposal is that the land can be converted to high value building land and sold in the very near future for high profit. This has never happened yet on any of their UK sites.

The largest site they offer is called Concorde Village or Lower Feltham Lakes in Hounslow near London. There was recently a freedom of information request on this site forcing the local council to reveal the many emails they had responded to from Profitable Plots investors. The response was always the same there is little or no chance of this site being developed in any meaningful timeframe.
If your investment requires the sale of this land at a profit you are out of luck but you may want to refer your lawyer to this site. There are other Candian investors mentioned there.

These type of investments are restricted by the FSA in the UK and a related UK company Profitable Plots UK was closed down at the end of 2007. So UK land sold to a Canadian by an Asian company. You may be out of luck.


All of the above information is available from web sites. This is the main one mentioned above

http://www.whatdotheyknow.com/request/position_on_green_belt_and_lower

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