
A resident of the Moscow region lost her funds and her house under construction after the bank approved a mortgage for individual housing construction through an accredited but actually unreliable developer who is already serving time for fraud.
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Elena took out a mortgage for individual housing construction in 2023. The bank approved the developer, who at that time already had problems with the law.
A resident of the Moscow region took out a mortgage for 27 years and was left homeless due to fraudulent developers. The Baza Telegram channel writes about this.
In 2023, Elena took out a loan for nine million rubles under a preferential program for individual residential construction (IHC). She chose individual developer Mityushin, encouraged by the bank. Problems with the construction began at the foundation stage, and later it turned out that five days before the deal was concluded, the bank revoked Mityushin’s accreditation, but did not warn Elena about this and issued a mortgage. As a result, the money was immediately transferred to the contractor, but the house was never built.
At the same time, Mityushin is already serving time for another case of fraud. Now he is trying to challenge the court's decision, which ordered him to return 12 million rubles to Elena - the amount taking into account the penalty and fine. The victim noted that due to the litigation, her health worsened and she had to quit her job. At first, her friends helped her with mortgage payments, then she took out a mortgage holiday, but the deferment will end in December.
AI outlook — possibilities, not facts
End of mortgage holidays in December
Very likely · Within months

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