Local & Community

Renters Caught up in “Ponzi Scheme” Show up to Unavailable House

Name: Renters Caught up in “Ponzi Scheme” Show up to Unavailable House
Uploaded: 2018-07-12T18:27:34-07:00
Channel: NBC Palm Springs
Description: LA QUINTA – Luxe Vacation Homes was running a rental “Ponzi scheme” to pay off future rentals with current rentals. “Imagine that, 50 houses, 45-thousand dollars for three weeks,” Quartez Wynn, a rental house manager, said. Luxe Vacation Homes received fifty percent of every transaction they made, up front. “That’s a lot of money,” Wynn […]

By: NBC Palm Springs

July 12, 2018

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