The founder of a landbanking company that Guardian Money first featured three years ago, and which has left a £70m trail of debt, has reopened for business in Dubai, selling plots of land in Kent it calls Canary City to unsuspecting investors.

BBC Radio 4's Face the Facts will show how Baljinder Chohan, founder and owner of UKLI, has moved his operation from Berkeley Square in London to Dubai, and continues to sell the dream of turning tiny slices of agricultural land into sites with planning permission worth a fortune.

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

1. fark707/08/2008 08:26:32

Finally the authorities in Dubai decided to take action and investigate the company Baljinder Chohan is running currently in Dubai UKCIG
http://www.arabianbusiness.com/526917-dubai-property-watchdog-launches-chohan-probe?ln=en
i hope the authorities in Saudi Arabia and Malaysia will follow

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2. june07/08/2008 23:31:52

wot a scam

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3. comment posted by [removed]18/09/2008 20:16:42

[comment removed - see PropertySCAM comments policy]

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4. michael carefour29/09/2008 11:45:12

I purchased land from ukli about 4 years ago and i made alot of money from it, infact i think it was more than what the salesman told me i should expect.
so say what you will, the facts are you are talking rubbish, i am talking fact.

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5. PropertySCAM29/09/2008 15:15:08

For the benefit of other readers, we will just point out that "michael" posts from the UAE and leaves no specific details to allow his claim to be verified.

We have met no-one who ever made money from a UKLI plot investment but would be happy to post a story about it if michael would care to provide any documentary evidence of his successful exit.

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