Kate McMahon has been published in the PrimeResi Journal of Luxury Property with the article ‘Do you smell a rat? How to sniff out fraud in property development’.
Following the successful private prosecution of businessman Elie Taktuk of 11 counts of fraud relating to a failed property redevelopment in Knightsbridge, Kate explained the background to the case and offers some tips on how to avoid getting caught up in dodgy dealings.
The tips provided will be invaluable for investors worried about fraudulent developments. With international investment flooding the (relatively) cheap UK property market, there is no shortage of unscrupulous property developers.