Tag Archives: real estate scam

The Real Estate industry in Nigeria is fraught with various issues or cases of people being duped either by estate agents, con artists and the so called omoniles. This article gives you an insight into the real estate scams in the Nigerian context, and how it can be avoided. With the demand for accommodation more than supply, it then doesn’t ...

What does it take to make a smart real estate purchase? So many people make the mistake of sealing a real estate purchase or deal without weighing the pros and cons just because the deal appears to be juicy. This article dishes out 5 worthy tips to bear in mind before finalizing that life-changing deal. Real estate scam is a ...

Land Verification is a vital part of any land transaction. When buying a new home or landed property in Lagos it is essential you get your facts right and be well-informed on the nitty-gritty involved before you cash on the investment. This article highlights what you must look out for during your land verification especially in Lagos. It deals specifically ...

Police detectives attached to the Delta State Police Command are looking for some workers of Pentagon Real Estate Investment Limited over an alleged N2.5m fraud. The Police Public Relations Officer in the state, Mrs. Celestina Kalu, who confirmed the development, said one Amunewa Steven Onyeka petitioned the Commissioner of Police, Alkali Baba Usman, on the matter. Kalu said the petitioner ...

There is something called Social Due Diligence, you have to learn how to do it. Please learn from my story of how I almost lost out in a real estate scam. In this organisation, I was having about 38 staff strength. I was having branch offices, everything was going fine until we stumbled into a business with one of our ...

Welcome to another edition of #ShelterMatters. We got a letter last week from a reader and we decided to share with you. Please read and give your candid opinion in the comment section below: My name is Akintunde Adejobi. After my secondary school education, I got the opportunity to travel to the United States of America to further my education ...

In property scam, the fraudster claims ownership of a property and after one or more transactions and negotiations, they abscond with the money; hence, leaving the victim completely broken depending on the amount of money involved – which is usually a lot. One of the banes of this type of scam is the length of time it takes to discover ...