A New York City man was indicted for stealing approximately $25,000 from three prospective renters by pretending to be a real estate broker and showing them apartment that he was not authorized to sell.
According to the charges brought against him, Juan Valloy ran a rental scam between March and July of this year by using Facebook Marketplace postings and third-party referrals to secure clients. He then arranged tours of apartments in different communities throughout the city, claiming the units were available to rent.
Valloy’s clients were mostly Hispanics who primarily spoke Spanish, and he instructed them to provide more than $7,000 that he said would be used to cover application fees, security deposits and rent for the first month of occupancy. The payments were often made in cashier’s checks payable to Milian Services Corp., a business registered to Valoy.
Furthermore, Valoy sought documents from the clients that included their Social Security numbers and financial data, claiming they were need for the rental applications.
However, Valoy was not a licensed broker and did not have permission from the apartments’ owners to show their residences. When his victims became suspicious over constant delays related to moving in, Valoy severed communications with them and never returned their money.
Valoy was charged in a New York State Supreme Court indictment with one count each of Grand Larceny in the Third Degree and Scheme to Defraud in the First Degree. Manhattan District Attorney Alvin Bragg stated there may have been additional victims to Valoy’s fraud but are not coming forward over concerns regarding their immigration status.
In Barstow the same thing was happening. Williams Rentals. He never shows the property though just has money wired. Look up Williams Rentals. I tried to meet up with him.
How did this Valloy guy show any property unless the owner gave him keys to show it? Something is missing here.
Perhaps Valloy had keys made by locksmith company he was friends with! Appears He only portrayed himself/business to individuals who only spoke the Spanish language, perhaps could have been illegal immigrants that gave him cash or cashier checks. The scumbag should have gotten more jail time. Valloy is not the only thieving crook in the real estate fraud/scamming field. This has been going on for years in every state in the USA!
Many seller agents don’t check the bona fides of a buyer agent.