The BBC programme alleges that Rutherford Ross is run by Sohan Singh, 50, of Richmond, south-west London.
... Mr Singh, who runs Rutherford Ross as "Shaun Singh", was tracked down by the BBC's Inside Out West programme over the sale of land on two fields near Shepton Mallet and Clutton
The land was bought for £40,000, then split into more than 200 individual plots which were then sold for between £5,000 and £18,000 ...
Not a bad return. Around £1.5m for a plot of land which cost £40,000
If you bought one of these plots, it's likely to be worth, at most, around €200.
I know one person caught up in a land banking scam. His solicitor said that he could verify the legal title, but it was pointless as the land was probably worthless.
The Financial Regulator had a stand at one of these fairs and I challenged them to do something about them. They said that as it was land, it was not a financial product, so they had no authority to intervene.
Rutherford Ross seemed to operate by cold-calling: