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Black realtors

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Real estate fraudster in Russia
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Black realtors Russian: чёрные риелторы are real estate fraudsters in Russia and Belarus.

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.

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

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

Notable cases

References

  1. ^ Andrew E. Kramer Selling Real Estate in Russia? Are You Crazy?, Dec. 25, 2018
  2. ^ В Беларуси казнили двоих «черных риэлторов», которых осудили за убийство шести человек, November 28, 2018
  3. В Бурятии осуждены «черные риэлторы», убивавшие владельцев квартир
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