Internet helps recreate swampland scams that swindle buyers: Fascinating how the Internet makes the old new again. This scam will be introduced to a whole new generation of people who are too young to remember when it was huge. They’re selling these things on eBay.
Padamjeet Singh wouldn’t be able to find the Volusia County property he purchased in August if he tried. It’s stuck on the fringes of a “vast water recharge area” — or a swamp in layman’s terms — just east of DeLand in central Florida.
There are no roads to the property, just muddy trails. The property Singh bought for $7,900 is in University Highlands, one of dozens of swampy areas marketed by swindlers as investments in the 1960s and 70s to buyers who paid for the land without seeing it first.