A group of U.S. citizens has filed a class-action lawsuit against a major real estate company, alleging a massive fraud scheme involving fictitious property sales in the Dominican Republic. The complaint was lodged by lead plaintiffs Lilia Nazarov, Dahiana Grullon, Sylvana Marmolejos, and Francisco Montero on November 18, 2025, in the United States District Court for the District of New Jersey against RE/MAX Holdings Inc., RE/MAX LLC, RMCO LLC, RIHI Inc., and several key executives.
The plaintiffs accuse the defendants of orchestrating an elaborate scheme that deceived consumers into purchasing non-existent real estate developments between January 1, 2021, and February 25, 2025. According to the complaint, RE/MAX agents operating without proper licenses in the Dominican Republic misled buyers into investing millions in two sham projects: “Romana Victoriana Residences Project” and “Bavarian Victorian Project.” The plaintiffs claim these transactions were facilitated by false assurances from RE/MAX about the trustworthiness and legitimacy of their agents. The lawsuit alleges violations of multiple laws including the Racketeer Influenced and Corrupt Organizations Act (RICO), New Jersey’s Consumer Fraud Act, and other state consumer protection statutes.
The plaintiffs argue that RE/MAX knowingly enabled this fraudulent activity by promoting unlicensed agents as part of their trusted global network. Despite being aware of the ongoing misconduct, RE/MAX allegedly failed to take corrective action or warn potential buyers. Instead, they continued to profit from franchise fees and commissions generated by these fraudulent sales. The lawsuit highlights that Dominican authorities have already taken legal action against some involved parties after uncovering this extensive fraud.
In seeking justice, the plaintiffs are asking for compensatory damages for their financial losses as well as declaratory and injunctive relief to prevent further consumer deception. They emphasize that material misrepresentations remain accessible on RE/MAX’s website and continue to pose risks to unsuspecting buyers.
Representing the plaintiffs are attorneys whose names are not specified in the document. The case is presided over by judges at the United States District Court for the District of New Jersey under Case ID 3:25-cv-17683.
Source: 325cv17683_Nazarov_v_Re_Max_Holdings_Inc_Complaint_District_New_Jersey.pdf
