Authorities in Mannheim have launched an investigation into 13 individuals linked to suspected fraudulent real estate transactions financed by Volksbank Konstanz. A spokesperson for the prosecuting authority confirmed the inquiry to the Handelsblatt, detailing suspicions of fraud and forgery of documents.
The investigation was initiated following a formal complaint filed by Volksbank Konstanz itself, which has identified itself as a victim in the matter. The focus of the probe centers around an external loan broker allegedly involved in deceiving both the bank and clients by submitting fabricated proof of equity and creditworthiness.
Sources indicate the broker operated within a network associated with a financial influencer. Legal representation for the influencer has issued a statement clarifying that their client is not currently under investigation.
Initially handled by the Konstanz public prosecutor’s office, the case has been transferred to specialized economic crime experts in Mannheim to pursue the ongoing inquiries. The investigation remains active.
