Caution, caution, caution.
Thankfully a thoughtful reader alerted us to this one and the name associated with it: Peter Phillip Lucas.
Peter Phillip Lucas is the Director and has been Director of a few other scams, usually associated with Harry Omeros. ( or are they one and the same person?).
This is supposedly property investment. Five different levels of investment with immediate weekly returns, eg: $200 per week on a $10,000 investment! that’s 100% return per annum. Alarm bells should be ringing!
They say they have 72 years combined experience in the property markets. Maybe so. They say they have helped 3,787 clients over 17 years invest in property. Funny…they’ve only been registered as Property Investment Providers since August 2015.
So how would Property Investment Providers work?
Now let’s see..they say they sell their property developments for 8-13% return and investors get 2% return per week.
If they have their 3,782 clients all of whom just invest at the small $10,000 starter level, the company would need to pay out $756,400 each week, and sell over seven and a half million in property every single week to pay the dividends.
If you are thinking of investing with them, PLEASE do some research and think very , very carefully.!
Please do get in touch and tell us about your experience.