Tag Archives: Real estate fraud

The Lagos State Police Command has arrested two estate agents for allegedly defrauding one Lucky Obonifua to the tune of N6m. It was learnt that the suspects – Ibukun Samuel, 42, and 47-year-old Olukayode Adebayo, had shown Obonifua a building purportedly for sale in the Ogba area of Lagos. According to punch metro, it was gathered that an agreement was ...

A Utah County woman has changed her plea to guilty in a real estate fraud case in which she was accused of using straw buyers and inflated appraisals to obtain loans to purchase houses that were sometimes a $1 million in excess of the actual selling price. Portia Louder, 43, Highland, pleaded guilty in federal court to one count of ...