Saturday, October 9, 2010

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Dubious transactions with real estate

For real estate purchases, many citizens on a bank loan, the rates they will soon no longer able to pay off. Some investments turn out to also be dubious.
A businessman from Leipzig has misled investors, business partners and his employees. He made use of company dealing with the rehabilitation and sale of real estate. One of the injured and Matthias H., who works as a construction worker for the businessman. His boss threatens him with dismissal if he does not buy a company-owned apartment.





Matthias H. feels so pressured that he 2009 a loan of 90,000 € absorbs and buys the offered apartment. But the apartment is never finished and restored the company from which Matthew H. has bought the apartment is no longer available. His boss has sold them to a so-called corporate undertaker. Matthias H. has no job more today, 90,000 euros of debt and personal bankruptcy must register soon. Now the prosecutor determined Leipzig on suspicion of fraud against his former boss.