Self-proclaimed ‘Wolf of Airbnb’ indicted for scamming New York City landlords, abusing PPP loans
Fox News
Konrad Bicher, an investor who calls himself the "Wolf of Airbnb", was indicted by federal prosecutors who found that he frauded New York City landlords and abused COVID-19 PPP loans.
Officials with the U.S. Attorney’s Office in the Southern District of New York allege that Bicher "brazenly" leased at least 18 apartments with no intent of paying rent, operating the properties as "mini-hotels."
"When landlords sought to recover rental payments from Bicher, he lied and claimed that he could not make payments during the pendency of the COVID-19 pandemic," U.S. Attorney Damian Williams said in a statement. "At the same time, Bicher obtained hundreds of thousands of dollars in PPP money based on multiple fraudulent applications."
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