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ronnel acido
China Observer
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Comments by "ronnel acido" (@ronnelacido1711) on "China’s New Housing Scam for Singles: Fake Love, Free Down Payment to Make You Buy" video.
The scam was due to the fact that the woman was stuck with a unit that she can't resell due to the depressed housing demand. She still has to pay the monthly mortgages. If her salary is just 3k/month, she's screwed.
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Now this is a scam the Chinese can claim intellectual property rights for.🤣
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It was 1.8 million yuan. 2 million less the 200k the scammer gave her in two installments of 100k each. She got 200k but now stuck paying the mortgages for a unit costing 4 million yuan.
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