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State Duma of the Russian Federation calls to take out the fraudulent scheme of using escrow accounts

The State Duma urged to pay attention to fraudulent actions that developers can resort to. The question concerns the use of escrow accounts, undervaluation of real estate, as well as its sale to the affiliates. Members of the State Duma Committee on Construction and Housing and Public Utilities drew attention to the problem. The MPs called on the Prosecutor General's Office ...

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