Black realtors explained

Black realtors Russian: чёрные риелторы are real estate fraudsters in Russia and Belarus.[1] [2]

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.[1]

Another type of fraud involves builders who pre-sale unfinished buildings and a discount and then declare bancrupcy.[1]

Some black realtors look for old, lonely, or alcoholic sellers, defraud them, and if the victims protest, kill them.[1] [3] [2]

Notable cases

Notes and References

  1. Andrew E. Kramer Selling Real Estate in Russia? Are You Crazy?, Dec. 25, 2018
  2. https://rtvi.com/news/v-belarusi-kaznili-dvoikh-chernykh-rieltorov-kotorykh-osudili-za-ubiystvo-shesti-chelovek/ В Беларуси казнили двоих «черных риэлторов», которых осудили за убийство шести человек
  3. https://www.gazeta.ru/news/lenta/2009/12/30/n_1441094.shtml В Бурятии осуждены «черные риэлторы», убивавшие владельцев квартир