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Black realtors

From Wikipedia, the free encyclopedia

Black realtors Russian: чёрные риелторы are real estate fraudsters in Russia and Belarus.[1][2]

In a common scheme, an agent colludes with a property owner, after the sale they appeal to a corrupt judge to invalidate the sale due to temporary insanity, and the byer loses the money. The byer may sue, but usually unsuccessfully. As a defense against this type of fraud, In Moscow the condition for a seller was introduced for the seller to get a certificate of the absence of mental illness.[1]

Another type of fraud involves builders who pre-sale unfinished buildings and a discount and then declare bancrupcy.[1]

Some black realtors look for old, lonely, or alcoholic sellers, defraud them, and if the victims protest, kill them.[1][3][2]

Notable cases[edit]

References[edit]