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Real estate fraudster in Russia

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

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