Current:Home > MarketsSelf-professed ‘Wolf of Airbnb’ sentenced to over 4 years in prison for defrauding landlords -WealthRoots Academy
Self-professed ‘Wolf of Airbnb’ sentenced to over 4 years in prison for defrauding landlords
SignalHub Quantitative Think Tank Center View
Date:2025-04-06 12:42:26
NEW YORK (AP) — A Florida man who boasted that he was the “Wolf of Airbnb” was sentenced Monday to over four years in prison for defrauding New York City landlords and a federal pandemic-relief government program.
Konrad Bicher, 32, of Hialeah, Florida, was sentenced in Manhattan federal court by Judge Lorna G. Schofield.
The prison term of four years and three months came after Bicher pleaded guilty a year ago to a wire fraud charge. He was also ordered to forfeit $1.7 million and pay $2.2 million in restitution. He declined to speak at the sentencing.
Prosecutors said Bicher operated at least 18 Manhattan apartments as “mini-hotels” while using the pandemic as an excuse not to pay landlords more than $1 million in rent from 2019 to April 2022. They said he also got government-guaranteed loans through a program meant to provide relief to small businesses during the COVID-19 pandemic.
In a sentencing submission, Bicher’s attorney argued for leniency, blaming landlords for some of the Manhattan apartment troubles.
In a submission by prosecutors, the government said Bicher fought lawsuits from landlords by falsely claiming he was suffering from coronavirus-related hardships and by lying about his residency and use of the units to benefit from the refuge of tenant protections offered in New York City.
Prosecutors said he was living in Florida during the fraud and traveling for leisure.
They said Bicher bragged to the media and friends that he was the “Wolf of Airbnb” and said the expression was meant to refer to the “Wolf of Wall Street,” the title of a memoir by former stockbroker Jordan Belfort, who made a fortune on penny stocks before blowing much of it on a wild and lavish lifestyle and going to prison for financial crimes.
In a release, U.S. Attorney Damian Williams noted that Bicher had enjoyed referring to himself as the “Wolf of Airbnb.”
“But as today’s sentence underscores, those who partake in such callous and fraudulent conduct will answer for their crimes, no matter their self-given title,” Williams said.
veryGood! (4141)
Related
- Rolling Loud 2024: Lineup, how to stream the world's largest hip hop music festival
- The Most Unforgettable Red Carpet Moments From BET Awards
- Ashton Kutcher’s Rare Tribute to Wife Mila Kunis Will Color You Happy
- Alaska’s Dalton Highway Is Threatened by Climate Change and Facing a Highly Uncertain Future
- What to know about Tuesday’s US House primaries to replace Matt Gaetz and Mike Waltz
- House escalates an already heated battle over federal government diversity initiatives
- Anger grows in Ukraine’s port city of Odesa after Russian bombardment hits beloved historic sites
- Emergency slide fell from United Airlines plane as it flew into Chicago O'Hare airport
- Spooky or not? Some Choa Chu Kang residents say community garden resembles cemetery
- Kim Kardashian Shares Twinning Photo With Kourtney Kardashian From North West's Birthday Party
Ranking
- The Best Stocking Stuffers Under $25
- A Chicago legend, whose Italian beef sandwich helped inspire 'The Bear,' has died
- Elevate Your Wardrobe With the Top 11 Trending Amazon Styles Right Now
- Inside Clean Energy: Explaining the Crisis in Texas
- Nearly 400 USAID contract employees laid off in wake of Trump's 'stop work' order
- As a Senate Candidate, Mehmet Oz Supports Fracking. But as a Celebrity Doctor, He Raised Significant Concerns
- California Attorney General Investigates the Oil and Gas Industry’s Role in Plastic Pollution, Subpoenas Exxon
- Inside Clean Energy: The Right and Wrong Lessons from the Texas Crisis
Recommendation
Buckingham Palace staff under investigation for 'bar brawl'
Amber Heard Makes Red Carpet Return One Year After Johnny Depp Trial
Biden and the EU's von der Leyen meet to ease tensions over trade, subsidy concerns
While The Fate Of The CFPB Is In Limbo, The Agency Is Cracking Down On Junk Fees
Hackers hit Rhode Island benefits system in major cyberattack. Personal data could be released soon
Why Kristin Cavallari Is Against Son Camden, 10, Becoming a YouTube Star
Man, woman charged with kidnapping, holding woman captive for weeks in Texas
Biden and the EU's von der Leyen meet to ease tensions over trade, subsidy concerns