A Self-Described Real Estate Visionary Was Charged with Running an Airbnb Scam that Made Millions By Tricking Guests Into Booking Non-Existent Properties
This article originally appeared on Business Insider.
An Airbnb host accused of making millions by posting fake bookings across the country on short-term rental sites was arrested and charged with wire fraud and aggravated identity theft, according to an indictment filed last Thursday in Florida district court.
Prosecutors say Shray Goel — who described himself as a real estate visionary on his website — and those who worked for him made $7 million on Airbnb and $1.5 million on Vrbo by scamming people who booked one of his hundreds of listings,