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LAIP wins US$ 16 million Berlin court fraud case

bySami Zaptia
October 7, 2021
Reading Time: 1 min read
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By Sami Zaptia.

London, 7 October 2021:

The Libya Africa Investment Portfolio announced yesterday that a Berlin court had issued a verdict convicting RE/MAX of a crime of fraud in 2011 and the fraudulent acquisition of US$ 16 million from its Deutsche Bank in Germany.

Court orders were issued imprison and to compel the company’s representative and his lawyer to return the amount to LAP and to seize their money and properties.

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Tags: Berlin CourtfeaturedfraudLAP LAIP Libya Africa Investment PortfolioRe/Max
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