The Lisboeta

Conman scam leaves 114 families homeless

Friday, 9 January 2026AI summary
Conman scam leaves 114 families homeless

Correio da Manhã reports a property fraud has left 114 families without homes and created a €27 million shortfall. The case highlights risks around developer and seller vetting, and may produce legal actions that tie up properties and funds for months or years. Expats buying or renting should increase due diligence on developers, check registration/title status and use legal safeguards before transferring funds.

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