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FREE landlord softwareA tenant managed to sell his landlords London property for £1.4 million.
The tenant, Steven Rice successfully sold his Kensington rental property and was only finally caught when he attempted to transfer the sale funds into a Dubai bank account.
Rice used fake identities and falsified documents to take on the identity of his 83-year-old landlord Vernon Stratton.
Rice had also fraudulently rented a second house in Kensington and managed to obtain a £489,235 loan on the rental property but fortunately the money transfer was stopped just before completion.
Rice had also tried to a similar fraud on a £4 million rental property in Knightsbridge.
Good grief is this another worry to keep landlords awake at night.
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