EcoHouse Brazil warn potential investors about the increasing numbers of scams and ponzi schemes

EcoHouse Brazil, one of the developers involved in the popular government funded Minha Casa, Minha Vida social housing scheme in Brazil, have dropped subtle hints to investors in one of their regular news updates about increasing numbers of scams and ponzi schemes being operated by other brokers. EcoHouse Brazil have been part of the Minha Casa, Minha Vida projects almost since the beginning, and have always operated with full transparency, in some cases even flying top investors out to Brazil to see the construction in action. However, there has been some controversy over the Minha Casa, Minha Vida Brazil project after it emerged that certain less scrupulous investment companies were lining their own pockets with investor’s money.

The property giant EcoHouse Brazil have set up a Flickr photo gallery in a bid to further reassure their own investors that their money is in safe hands. On the Flickr site investors can view images of each of the Minha Casa, Minha Vida housing developments at various stages of construction, allowing them to see exactly where their hard earned money is being put to use and to keep abreast of how far along the project is at all times. The EcoHouse Brazil Flickr page also showcases investment in other areas as part of the EcoHouse Group.

 

The addition of the Flickr photo gallery is yet another way in which EcoHouse Brazil are able to allow their investors to remain reassured that their money is being spent in the way it should be. Minha Casa, Minha Vida Brazil was set up by the Brazilian government to help address the shortfall of affordable social housing across the country. To date around one million homes have been completed, one third of the aimed for three million. Of these three million, EcoHouse Brazil are on track for the completion of forty thousand, housing somewhere in the region of one hundred thousand Brazilians. Investors seeking to be a part of the Minha Casa, Minha Vida scheme through EcoHouse Brazil are at present looking at a return on investment of 15% over a period of approximately twelve months, on a typical investment of £23,000, or 20% per annum over three years.

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Posted in Alternative Investments, EcoHouse Brazil, EcoHouse Group, Investments, Property and Real Estate, Property Investment
2 comments on “EcoHouse Brazil warn potential investors about the increasing numbers of scams and ponzi schemes
  1. DannyRa says:

    Lots of scams revolving around the My House My Life scheme, some within the government itself, Good for EcoHouse to warn potentional investors about scams and ponzi schemes but arent they doing this simply to benfit themselves and get more investors using them?

    • Kishor Lee says:

      Yes and No…. EcoHouse Brazil are the biggest and most well known company involved in the scheme, So many scam companies use their name, take your money and then invest it with someone else, or not at all….. Plus i dont think the company wants a bad reputation I typed EcoHouse Scam to get here so i think they are simple protecting themselves

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