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Rampant mortgage fraud used by gangs to buy up homes around NL

Rampant mortgage fraud used by gangs to buy up homes around NL
A report reveals that 6,000 to 11,000 homes in the Netherlands were bought with forged documents, enabling criminal gangs to engage in illegal activities such as money laundering and drug crime.

Summary

Between 6,000 and 11,000 homes in the Netherlands have been purchased using forged documents, according to an unpublished report by the Financial Expertise Centre. Criminal groups exploit mortgage fraud to acquire properties for illegal activities, including money laundering and drug crime.

Read full article at DutchNews.nl โ†—
#mortgagefraud#netherlands#housing#crime#realestate