Real Estate Executive Arrested in Agadir for Alleged Multimillion-Dollar Fraud Scheme

She is accused of having diverted, with the help of third parties, real estate assets and significant sums of money belonging to the real estate group. According to Hespress, no less than 23 deeds of sale of apartments were drawn up by a notary in the city, in cahoots with the former director, in the name of the children and relatives of the latter.

The preliminary investigation by the judicial police revealed the existence of embezzlement in the accounts of the real estate group, in particular through transfers made by the accused person, in favor of members of her family. Taking advantage of the trust of the group’s managers and employees, this woman managed to exert her influence over all the company’s social partners and exploit them for fraudulent purposes.

She managed to set up a scheme with the help of accomplices who helped her seize the real estate assets of the investment group and carry out fund diversions in her favor. The accused were taken into custody, at the disposal of the investigation, conducted under the supervision of the Public Prosecutor’s Office.