SunStar Publishing Inc.
AROUND 500 individuals have claimed they were scammed by a real estate company that sold parcels of land without actual lots.On Tuesday, Sept. 10, 2024, several victims came forward to seek help from Lapu-Lapu City Mayor Junard “Ahong” Chan regarding the fraudulent act.Based on preliminary investigations, it was found that the real estate company does not have a license to sell any property, and the land they are offering to customers does not have a land title.
Victims reported being asked to pay between P3,000 and P5,500 monthly, depending on the location and square meters they selected.One victim, whose name was not mentioned, stated that she has already paid a total of P450,000 over five years.“The promises they made were already red flags for us, but we felt helpless... I was paying for 100 square meters at P7,100 per month, totaling P445,000 for the land alone. Plus a P5,000 reservation fee, which brings it to P450,000 for five years,” she said.
Lapu-Lapu City Mayor Junard “Ahong” Chan
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