Investors who bought plots of Finchampstead farmland on the basis of exaggerated claims they could triple their money are facing an uphill struggle to get their money back.

The investors, mostly from overseas, bought plots of land at Church Farm in Finchampstead Road for up to £20,500 from landbanking company UK Land Investments (UKLI).

However, an investigation by administrators winding up the activities of UKLI has found the land was in fact owned by another company, Regents Land, and was one of four sites in the UK owned by the firm which attracted hundreds of investors.

(Via The Wokingham Times. To read the full story, click here)