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A real-estate investor who calls himself the “Wolf of Airbnb” was indicted for defrauding New York City landlords while neglecting to pay rent, federal prosecutors announced Thursday.
Konrad Bicher, 31, is charged with two counts of wire fraud and one count of aggravated identity theft. The Hialeah, Fla., resident is also accused of fraudulently obtaining over $565,000 in Paycheck Protection Program (PPP) loans, which were intended to help small businesses during the COVID-19 pandemic.
Officials with the U.S. Attorney’s Office in the Southern District of New York allege that Bicher “brazenly” leased at least 18 apartments with no intent of paying rent, operating the properties as “mini-hotels.”
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