Livvehomes fraud: Fake startup company Rental fraud by Josy Mathew

Name of Complainant Sachin
Date of ComplaintOctober 16, 2021
Name(s) of companies complained against
Category of complaint Investments
Permanent link of complaint Right click to copy link
Share your complaint on social media for wider reach
Facebooktwitterredditpinterestlinkedinmail
Text of Complaint by Sachin:

#livvehomesreviews #livvehomes www.livveshomes.com livve homes
WARNING TO THE HOME OWNERS !!!!
Contact me on sachin[dot]ppp[at]gmail[dot]com if you need any more info. All good reviews on MOUTHSHUT as well as GOOGLE are FAKE!!!
All startup, seed finding news are FAKE!!! They keep posting those news every 3-4 months!!! Those are paid news!!
This is more than one year old video when he was arrested for the similar scam. HE IS ACTIVE AGAIN.
Beware of this scamster who is operating livvehomes.com. This is a fake company which exists only for the name sake. He actually uses it to traps the homeowers in his scam
He was arrested earlier and released on the bail. Once out he started another scam with the company name livvehomes.com Earlier he did the same with stayyingout.com.

The company is just for the namesake. It pretends to offer rental accommodations to the prospective rentals. They pretend to homeowners/flatowners to rent their flats to them. They say no to deposit but asks to furnish the property before taking on rent. They offer help for the same. Once home owner agrees they ask Rs 2 lakhs to Rs 6 lakhs for the furnishing the flat. Once home owners pays the money they will stop communicating with the owner. The flat is never furnished nor the rent is paid.

The company is operated by Josy Mathew a.k.a. Mohan Gokulam (this is a fake name) and his wife Lily. The company is for the namesake, properly registered, however its only purpose is to convince the homeowners the genuineness of their rental business. In reality there is not a single flat rented by them, nor they pay rent to the homeowners.

This is how they operate:

They browse the listing on the online property advertising websites, such as www.magicbrick.com, www.99acres.com etc.

They select the properties located in the upscale areas of the city- mostly in Pune, Noida, Bangalore, Mumbai.

They select those which are unfurnished. Their representative will contact the owners of those properties and send them the proposal to rent their property by telling them they don’t offer deposits but pay higher rent and rent the property with upto 4 years lock in period. They promise to 10% yearly increase in the rent.

Image Uploaded by Sachin:

Leave a Reply

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