Profitable Group has been in the news lately for all the wrong reasons and there is a large and growing number of investors who believed that they have been scammed and lied to.

Togetherness is strength. If you are also a victim of profitable group, please enter your grievance in the form below.

However, Do not spam by posting more than once. Post only for yourself and ask your friends to post themself if they are also vicitmised. If you have to post for your friends as they are not net savy, please get their permission to do so.

Please be more specific in the investment you are in like Colchester(Spring Grove), Concorde Village or Boron investments instead of "land, energy" If you need to provide more details, use the additional info box. Please refrain from writing essay. Please provide at least a real email for us to contact you to group together to file a lawsuit against them
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Tuesday, June 8, 2010

Profitable Group victim (Chris Leong)

Name: Chris Leong

Total Investment amount GBP20,000

Products/Schemes invested in: Concord Village - 5 plots

What you have been promised verbally or on paper. Planning permission 3 to 4 years from 2007 with strong possiblity by 2010. Up to 1000% return on investment with planning permission and at least 400% return.

Additional information We now know is all a scam. Very little has been done in getting planning permission because it is almost impossible to get planning permission as land is green belt land.
PP bought the Concord Village land for GBP3.5m and splited it into 9000 plots and sold for average of GBP5,000 per plot ie PP pocketed GBP 45m. The 1000% return they were telling investors refers to PP own returns.

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Date/Time: 2010-06-08 04:44:53 PDT
Sender IP: [Singapore] | e8gfom1pl1t5xkca

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