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Could it be a Scam? An Offer of Fast Money for Farmland Raises Concerns

Nigerian princes have now been guaranteeing me personally millions since we first enrolled in e-mail right back when you look at the belated 1990s, and from the time, it looks like scam designers check out increasingly complicated ruses. The never-ending flow of robocalls, online phishing frauds and Facebook hackers have actually all of us on high alert.

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It really is why a current page that landed in numerous farmers’ and landowners’ mailboxes raised a flag that is red. Brothers Land Group sent letters to property holders throughout the Midwest, stating that “In numerous circumstances, we could deliver a cashier’s check to your home in as low as three times for the purchase of home. ” The acquisition page also contains detailed information, such as the identifier that is legal the house, and will be offering to pay for a swelling amount that appears sizeable by itself, but does not sound right once you perform some mathematics in the acreage.

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Maria Cox posted an image for the page to her farm’s Facebook web web page, also it quickly went viral. The page offered very same of $700 per acre for an item of her family members’ Greene County, Illinois, farm. She estimates at $2,500 an acre for timber ground and $6,000 to $9,000 for tillable land, depending on quality as she notes in her post, it’s well below fair market value, which.

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Cox stated the page made it to most associated with farmers and landowners into the county and had been this issue du jour at a recently available Farm Bureau that is local conference. It included information that is just enough cause people to uncomfortable and concerned senior next-door neighbors or those not too did not browse the small print might be swindled.

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Her Facebook post happens to be shared significantly more than 135 times. Lots of the commenters stated a chuckle was got by them from it and tossed it when you look at the trash. Continue reading “Minding Ag’s Company”