Lagos shuts office of suspected fake realtor in Ikorodu
Lagos State Real Estate Regulatory Authority has sealed the office of a suspected fake realtor operating in the Ikorodu area. The agency is intensifying efforts to crack down on unlicensed real estate agents across the state. The office, operated by Demeny Ventures, was closed after allegations of impersonation and fraudulent activities. Officials urge residents to verify agent credentials and report suspicious activities.
What we know
- The office of Demeny Ventures in Ikorodu was sealed for allegedly impersonating a registered LASRERA agent.
- The operation was carried out by LASRERA in collaboration with the State Task Force.
- Barakat Odunuga-Bakare, Special Adviser to the Governor on Housing, said the clampdown aims to protect residents from fraud and restore confidence in property transactions.
- Deji Badejo, Director of Compliance and Enforcement, stated the action was based on credible intelligence and in line with the LASRERA Law 2022.
- Residents are advised to always verify the registration status of agents and report any suspicious real estate activities.
