Alleged rent roll robber charged by police

Alleged rent roll robber charged by police

by Nick Bendel 4 comments

A notorious industry figure previously identified as a fraudulent rent roll salesman will face court tomorrow. 

The Melbourne man is unable to be named for legal reasons. Residential Property Manager approached the man for comment but he hadn’t replied by publication deadline.

The person in question has previously been identified as a fraudulent rent roll salesman, who asks agents to pay in advance for rent rolls that he then fails to deliver.

According to Consumer Affairs Victoria, the man sent unsolicited emails to real estate agents, advertising rent rolls for sale through his business.

Consumer Affairs also said one instance involved an agent paying more than $100,000 for a rent roll that was never delivered.

The Victoria Police Fraud and Extortion Squad said the charges follow “a series of alleged fraud incidents in the mortgage broking and real estate industries”.

“The 45 year-old Beaumaris man has been charged with numerous counts of obtaining financial advantage by deception,” the police said.

“It relates to a series of incidents between December 2010 and August 2013. He has been bailed by police and will appear at the Melbourne Magistrates’ Court on 12 February 2015.”

In 2013, the Melbourne Magistrates’ Court banned the man from being a company director for 15 years.

The latest charges came to the attention of Residential Property Manager yesterday after the police contacted its sister publication, The Adviser.

The police decided to notify The Adviser about the charges following a story it published yesterday about a mortgage trail book merchant.

 

Alleged rent roll robber charged by police
lawyersweekly logo
promoted content
Recommended by Spike Native Network
Listen to other installment of the Real Estate Business Podcast
reb top 100 agents 2017

With a combined sales volume of over $14 billion in 2017, the Top 100 Agents ranking represents the very best sales agents in Australia. Find out what sets them apart and learn their secrets to success.

featured podcast

featured podcast
Matt Lahood on leadership, accessibility and the future of the industry

The Agency CEO Matt Lahood shares his expertise in the industry and talks about the importance of being accessible. Matt chats with Tim abo...

View all podcasts

Is the industry more under threat from third-party lead generators or from DIY discounted platforms like Purplebricks?

Third-party lead generators
DIY platforms
Neither. Rather from itself in refusing to see that change is coming and adapt to it
Neither. Everything is sweet. Let’s talk about rainbows and kittens
Do you have an industry update?