ST. LOUIS, MO (KFVS) - The Better Business Bureau (BBB) is urging consumers to use extreme caution when considering membership with Vinelanders Community Land Trust Inc.
The organization recently made a presentation in East St. Louis, Illinois and is reportedly looking for members in the greater St. Louis area.
Participants were reportedly given a four-page membership packet where the organization claimed to have "over 150 move-in(sic) ready new homes" available to program participants.
A woman at the presentation told the BBB the organization wanted to collect $30,000 from those living in the St. Louis area before it would begin to buy property and build homes and once they moved into a residence, they would not have to pay taxes on it for six years.
The BBB states that a recent media report in Kansas City said Vinelanders Community Land Trust Inc. has not built any homes since its formation more than eight years ago.