Physical Address

304 North Cardinal St.
Dorchester Center, MA 02124

New York Attorney General Issues Warning about Scams Targeting Dominican Community |

Attorney General Letitia James and Congressman Adriano Espaillat issued a consumer alert in New York on Tuesday, warning residents about real estate scams targeting the Dominican community. This announcement comes as multiple cases of fraud victimizing consumers in the city are under investigation.

The alert was prompted by accusations in the Dominican Republic against Emmanuel Rivera Ledesma, who defrauded nearly 150 people, including 24 New Yorkers, through his company InDisArq. Victims were enticed by fraudulent property offers that turned out to be non-existent or sold to multiple buyers.

Rivera Ledesma specifically targeted Dominicans living in the United States with fake property listings and collected millions of dollars in deposits.

Attorney General James, along with Congressman Adriano Espaillat, have advised residents to take precautionary measures when making real estate investments, especially in properties outside the United States. Recommendations include doing thorough checks, personally inspecting properties, and seeking advice from legal professionals before investing.

These actions demonstrate Attorney James’ commitment to protecting consumers and seeking justice for victims of real estate scams. Those affected by fraud or who suspect fraudulent activity can contact the Attorney General’s Office of Consumer Fraud to report their cases and receive assistance.

“As public servants, we work diligently to prevent residents from falling prey to scams and fraudulent practices. Our offices acted promptly upon learning of Rivera Ledesma’s misconduct through InDisArq,” Espaillat stated.

Leave a Reply

Your email address will not be published. Required fields are marked *