Fabien BorgondoPosted by Brian Woods on November 9th, 2020 Biggest Real Estate Scammer This man Fabien Borgondo is wanted by the Police in France and Russia since this scammer and fraudulent person has embezzled funds to the tune of millions of Dollars and is hiding from he law authorities I wouldn't reach out to Hofborg Properties. Though they have cheap listings how they handle things is abysmal. They have the nerve to charge a brokers fee and won't meet you to show you the apartment OR at the very least. They are very unprofessional and I had an unpleasant experience with Hofborg Properties as they were brought in by a corrupt Board to cover up their dirty work. Despite numerous complaints from Customers and tenants, help was limited at best to be very careful if you work with this company. They don't always give you all the information that you need. I was in contact with Fabien Borgondo and I cannot recommend him. I would like everyone to be aware that Fabien Borgondo is a scammer and would want to prevent anyone else from being cheated by this fraud Here are a few other negative reviews from other customers.
These are just a few angry people who wanted to complain against this cheat! please read these comments and be cautious while dealing in properties so that you avoid this scammer Fabien Borgondo and other such cheats like him. Cannes: several damning charges against Fabien Borgondo of HOFBORG PROPERTIES a prestigious real estate agent A scent of scandal floats within a luxury real estate agency, located in Cannes, implicating the controversy real estate agent Fabien Borgondo of HOFBORG PROPERTIES An incredible, bewildering and outrageous story at the same time, Fabien Borgondo of HOFBORG PROPERTIES claiming to be an expert in the luxury housing sector is subject to multiple charges. Definitely, Fabien Borgondo Real estate agent Manager of HOFBORG PROPERTIES companies in Antibes - Cannes - Nice - St Tropez - St Jean Cap Ferrat is in the crosshairs of the public prosecutor as well as of judges because of his fraudulent commercial practices. Here is the summary of the facts: The case began some time ago when a couple put up for sale their luxury apartment located in the Cannes region and turned to this real estate agency managed by Fabien Borgondo So-called real estate agent reliable and professional to mandate him in this process. However, after a glimpse of the posters, this couple discovers that this real estate agent has not only unilaterally overestimated the sale price of the property previously fixed, but also presented the non-compliance of the accommodation with the technical and aesthetic data provided. And again, the defendant cheats on the surface of the building in his advertisement. After filing a complaint against this property manager, the latter was prosecuted for fraud, breach of trust, But the story of Fabien Borgondo of HOFBORG PROPERTIES, this housing professional goes even further! First of all, the body for the fight against money laundering and corruption “Tracfin” detected innumerable anomalies concerning the declarations issued by this agency. A criminal act reported to the National Financial Prosecutor's Office (PNF), this prestigious real estate merchant is the subject of various incriminations such as tax fraud, money laundering and the embezzlement of corporate assets by judges. In addition to this, Fabien Borgondo of HOFBORG PROPERTIES is accused of having received retro commissions on work undertaken without calls for tenders from local craftsmen who carried out work in the villas of his clients. In addition, contrary to the legal provisions on construction, the accused had deliberately refrained from first requesting the obtaining of a building permit in due form from the town planning departments before any work was carried out. In view of this intentional infringement, the authorities proceeded with the immediate destruction of the building causing both moral and pecuniary damage to the owners. The fraudulent actions of Fabien Borgondo of HOFBORG PROPERTIES multiply over time. Thus, the owners appeal to the judge for an abusive and illegal use of their real estate against Fabien Borgondo of HOFBORG PROPERTIES. Indeed, the accused Fabien Borgondo of HOFBORG PROPERTIES rents the goods put up for sale or for rent to drug traffickers who have caused the deterioration of the homes of his clients, subsequently implying their depreciation. With regard to these many charges, the accused Fabien Borgondo of HOFBORG PROPERTIES denies the facts, claims his innocence and his lawyer invokes the acquittal while ALL the tangible evidence presented before the judge is against him. In this unprecedented scale, the professional life of Fabien Borgondo of HOFBORG PROPERTIES luxury real estate agent in Cannes is no longer likely to be a long quiet river! We are considering the definitive withdrawal of his professional card in the face of this trial scandalous in the shape of Russian dolls! SUSPECTS OF MALVERSATIONS OF THE HOFBORG PROPERTIES REAL ESTATE AGENCY
It is in the famous Cap D'Antibes, landmark of the billionaires of the planet that the real estate agency Hofborg Properties is rife. Rather discreet and working with mainly a clientele from Eastern countries as the shareholder couple likes to boast. Fabien Borgondo and his Russian-born wife Olga Borgondo are at the center of an investigation by the French authorities, following complaints filed by the owners of the villas that the couple managed to rent. A handful of owners and management agents of these wealthy people have come together to denounce the practices of the couple and their real estate agency. The origin would be a conflict with one of the managers of a billionaire based abroad.
"The practices of the couple and their real estate agency"
The couple accumulate escapades: double accounting, commissions taken on all those involved in the management and maintenance of the luxurious properties of these rich owners. The commissions went up to double the amount of work done reveals one of them. The agency demanded the payment of retrocessions in cash to all companies and stakeholders on pain of no longer working with their wealthy clients.
The vase is overflowing, one of them, a small business owner, told us when we met, “even if these were the practices of the time in the sector, today renowned international real estate agencies no longer practice. so ". "We have work, either, but we put ourselves in danger every time we have to handle cash for this gentleman, the game is no longer worth the candle because we must also tighten the prices ...".
This investigation initiated by the owners will undoubtedly extend to companies and subcontractors who have worked with the couple in recent years, but also mainly to tenants, who have all been harmed by paying double the price of the services requested. The unpunished Eldorado of the Hofborg Properties agency and its shareholders, will certainly end as quickly as the collaborations with their clients who no longer wish to be duped, but also not to be under the fires of French justice.
The arrogance of the couple, believing themselves to be untouchable, will today have to bring to light their ways of doing things and their complicity with the contracting parties, and have to explain themselves on many details and handling of professional and personal cash.
“There is no more room for this type of practice” reveals a competitor representing a very well-known and reputable international brand, “it is the dishonor of our profession, which really does not need such an image. ". Fabien and Olga Borgondo will have to find other sources of income to support their lavish lifestyle. FABIEN BORGONDO OF HOFBORG PROPERTIES IMMOBILIERE AGENCY OF CAP D'ANTIBE SUR LA SELETTE
"He exaggerates too much with retrocessions and commissions" are the words of the boss of this small building company in the Alpes Maritimes.
The small real estate agency perpetuated a practice that seemed to be over: the retrocession of money on services sold by others in the villas of billionaires managed by the couple. Whether on the backs of owners or seasonal tenants, the principle is the same: You have to pay to work…. To gain access to wealthy clients with whom the Hofborg Properties agency works, you have to pay your boss Fabien Borgondo in cash. You have to pay to work….
A certain number of owners having paid the price for the couple's practices. It is by chance when there is a lack of invoices in the accounts that the accounting firm of a billionaire's familly office asks for invoices from subcontractors. Surprised when they realize that the prices charged were double the usual prices "not wishing to have any trouble with the owner, the family office obliged to denounce these practices to justice. It was a foreign asset manager of a billionaire from Eastern Europe who revealed this valuable information to us. We investigated during the last month, and the provincial languages are released very quickly, "nothing new" declares one of our meetings, "they are known for that" tells us another real estate agent who has not worked with the couple since. several years for fear of being assimilated into these practices. “Fabien Borgondo takes the money behind his wife's back,” a cleaning company tells us. We could write lines about the practices of the Cap d'Antibes agency. After the revelations and investigations that will last for months associated with the health risk, the future of the agency and the couple's lifestyle will be difficult. We will be present in the spring during the opening of the rental season to redo a series of surveys on the occult activities of the agency Hofborg Properties In addition to this, you will need to know more about it. Like it? Share it!More by this author |