NASSAU- The owner of Rent to Own Bahamas is accused of a real estate scam.
Prosecutors say Andre Moncur, 31, of Gleniston Gardens, falsely represented himself as the realtor for three homeowners —and then collected deposits totaling $39,000.
Alleged victim Lavancia Palmer allegedly paid Moncur $12,000 in March.
Moncur allegedly collected another $12,000 from Derrick Sands on July 21.
And Anasticea Gordon allegedly paid him $15,000 between November 25 and December 6.
Moncur, who is not a licensed realtor, has promoted renting to own as an affordable, hassle-free path to home ownership.
Moncur denied three counts of fraud by false pretences at his arraignment before Magistrate Samuel McKinney.
He was freed on $8,500 bail and is due to return court for trial on January 26, 2021.
