Connect with us

News

DHSUD heightens vigilance after arrest of 4 real estate scammers

Published

on

Del Rosario said the public should be watchful at all times to avoid falling prey to unlicensed developers and other bogus brokers or salespeople, who are operating without legal documents. (File photo: Department of Human Settlements and Urban Development/Facebook)

MANILA – Housing czar Secretary Eduardo del Rosario on Sunday reminded anew the public to be vigilant against bogus brokers engaged in illegal real estate transactions following the arrest of four suspected real estate scammers in Cavite.

The National Bureau of Investigation (NBI) and the Department of Human Settlements and Urban Development (DHSUD) conducted a joint entrapment operation against the four suspects at around 3 p.m. on Dec. 11, in Barangay Sucat, Alfonso.

Arrested were Joana Marie Cruzada and Joana Marie Viray, both residents of Alfonso; Felmarich Dagohoy, resident of Taguig City; and Jovannie Cruz from Angat, Bulacan.

Authorities said the suspects were involved in selling real estate properties at Alta Vista Homes without holding a ‘Certificate of Registration and License to Sell’ from the housing department.

The suspects claimed to be part of 1Premier Land Marketing Company, an alleged marketing arm of home developer Alta Vista.

However, DHSUD found out that the company is not legally registered.

According to DSHUD, the suspects were clearly violating the existing laws on Housing and Land Use Regulatory Board (HLURB) under Presidential Decree 957, which states that “no real estate broker or salesman shall engage in the business of selling subdivision lots or condominium units without being registered.”

The decree stated that the buyer can demand copies of the certificate of registration specifically issued for the property being eyed and the “license to sell.”

Both documents are applied with the DHSUD before a project can be advertised or sold.

Del Rosario said the public should be watchful at all times to avoid falling prey to unlicensed developers and other bogus brokers or salespeople, who are operating without legal documents.

“This is a big blow to real estate scammers, who prey on unsuspecting home buyers, and a huge boost to DHSUD’s ongoing intensified campaign against unscrupulous individuals operating in the real estate industry,” he said.

Del Rosario said those who would like to become real-estate brokers must ensure to comply with government requirements and standards.

“It shall serve as a stern warning to all. DHSUD, along with our partner law enforcement agencies like the NBI, means business in our drive against scammers and we are committed to protecting the public from these sinister activities.”

Del Rosario vowed to run after illegal activities related to the government’s housing and human settlement projects.

“Let me stress that we will not stop until these unscrupulous individuals in the real estate industry are arrested and put behind bars,” he said.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Maria in Vancouver

Canada News2 days ago

Staying Grounded and Grateful

This article is for three very different Filipinos who deserve kindness, not ridicule. The first person I want to stand...

Lifestyle3 weeks ago

When Family Ties Break: Learning to Live With Estrangement

There was a time when the idea of becoming estranged from your own family seemed almost unthinkable. Family was family....

Headline1 month ago

A Day In My Life

There was a time when I thought a fulfilling life had to be busy to be meaningful. Now, I think...

Headline2 months ago

Letting Go with Love

There is a particular kind of heartbreak that comes with watching your child grow up. It isn’t the heartbreak of...

Headline2 months ago

Living With Anxiety: The Invisible Weight We Carry

There are illnesses we can see, and then there are the ones we learn to hide. Anxiety is often one...

Headline3 months ago

The Art of A Slow Weekend

We live in a world that glorifies being busy. Some people wear exhaustion like a badge of honour. Calendars are...

Headline3 months ago

Why We Chose an Intimate Wedding — And Why More Couples Are Doing the Same

Every wedding anniversary takes me back to one of the most magical days of our lives and reminds me why...

Headline4 months ago

Celebrating Turning 58

Birthdays have a way of making us pause—not to count the years we’ve lived, but to appreciate the countless blessings...

Lifestyle4 months ago

The Painful Reality of Losing Someone

Recently, I experienced the painful reality of losing someone through others. One friend lost her fiancé to death, while another...

Headline5 months ago

The Sobering Reality of Growing Old

Growing old brings a sobering reality: time is finite.  You watch your body slow down, see your parents age, and...