League Investment REIT

October 3rd, 2012 · 8 Comments · REIT

Welcome to this public service announcement. League Investment REIT suspended their distributions in June and this means they no longer pay their investors investors money for the hard earned dollars that they lent League REIT.

Here’s a link to a discussion thread on Canadian Money Forum about it.

League REIT continues to advertise on the internet primarily using adwords on almost any financial site I go to. In the comments of the article where I originally discussed League REIT, I called it a Ponzi scheme. That was perhaps premature because they paid out distributions for almost 2 years afterwards.

HOWEVER LEAGUE REIT IS NOW OFFICIALLY A PONZI SCHEME

A Ponzi scheme is a rip off where a con man gets investors to invest their money and to pay them interest on their money he gets new investors to invest. This never ends well for the investors.

The League Reviewed website is not kept up to date but… check out the comments which are recent.

Stay Away Is What I Say !

 

 

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