If you have ever lived in Lagos, you don’t need a crash course to know that real estate agents, landlords and omo-oniles defraud people of their hard-earned money every other day. With the demand for accommodation rising far more than supply, it’s no wonder that some people can be easy targets since they are in desperate need of the properties at the time.
Sometimes, real estate agents also perpetuate this kind of scam by renting out an apartment that is currently occupied to unsuspecting tenement seekers. Another scam agents perpetuate, is to rent houses that are for sale to people. Unsuspecting are then swindled of their hard earned money. Sometimes, it may not even be the agents, perpetuating the fraud, it may be the landlord, his son, or even a ‘sharp guy’ who stays around. Read More