PROPERTY INVESTMENT SCHEMES

Investors attend a free presentation, which aims to persuade them to hand over large amounts of money to enroll on a course promising to make them a successful property dealer, usually involving "no money down". 

Schemes can involve the offer of buying yet-to-be built properties at a discount. Other variations include a buy-to¬-lease scheme where companies offer to source, renovate and manage properties, claiming good returns from rental income. The properties are generally near-derelict and the tenants non-existent.