Florida Attorney General's Office Owning land is part of the American dream. Many consumers think that purchasing land is a safe investment. However, many are disappointed and come to realize that their dream has turned into a nightmare. For those who purchase worthless lots a second scam may lie ahead.
Many scam artists contact consumers with worthless lots.
They try to obtain advance fees for selling the lots to foreign investors. In any investment there is always a risk. View with skepticism slick brochures that portray booming communities. Do not buy land over the phone or by way of the mail. Talk to residents who live in the area.