Real Estate Scam: Victims Lose Hundreds of Thousands of Euros
January 29, 2026
Two individuals, including a professor, were defrauded of over €180,000 by a 50-year-old who promised them property purchases. Despite assurances and payments, the houses turned out to be non-existent. The suspect falsely presented himself as a real estate businessman and continued to extract money for properties he did not own. This situation revealed a well-organized scam, with victims waiting two years without results. Investigations are ongoing regarding the cases related to the suspect.