Algarve Real Estate Scam Brought Down

More than two dozen victims and injuries exceed seven million euros. The PJ content contains five women suspected of real estate fraud appeared first in Journal i.

In communication, the PJ explains that women are suspects of the practice of qualified burla crimes, falsification of documents and money laundering in the real estate sector.

In addition to the real estate agent, they were arrested by the Judiciary Police (PJ) in the same case by four applicants, three of whom were also subject to a function ban, after having also been present at the first judicial inquiry, revealed a source of the PJ to the Lusa agency. The fourth applicant who was also arrested was only subject to the term of identity and residence, adding that the five arguments are also prohibited from contacting…

Algarve real estate scam brought down

The Judicial Police (PJ) have arrested, in the Algarve, five women who were selling properties online to foreign investors, without the knowledge of the owners, and who are suspected of crimes that caused losses of more than €7 million.

Operation Key in Hand has invested an enterprise in the real estate sector that has promoted the sale of property in Algarve without the owners of the property knowing it, refers to the PJ.

In the communication, the PJ explains that women are suspects of the practice of qualified burla crimes, falsification of documents and counterfeiting capital in the real estate sector. The crimes committed in the Algarve region will have read more than two dozen people. The operation “Chave in hand” resulted in an investigation into the illegal activity of an enterprise in the real estate sector, which in at least one year promoted the sale of …