horizon city: HORIZON CITY Near El Paso Land Scam - Beware
- 05/31/11 09:46 AM
HORIZON CITY (El Paso Times) – Owners of desert land near El Paso have recently been the target of an advertising scam perpetrated by a Florida-based company.According to the El Paso Times, investors purchased undeveloped tracts north of Horizon City between 1962 and 1975 for thousands of dollars apiece. The land was purchased from Horizon Corp., which promised buyers a quick return on their investments. The El Paso Central Appraisal District later determined the land was worth an average of $10 per acre.Now, those landowners, many of whom would like to rid themselves of the land, are being contacted by American (0 comments)