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The idea of becoming up to 5 dollars to be a property investor may look very good to be true to be true.
For many users of Landan, only this is a promptory company.
Lina occurred from the secret In August 2022, a collateral and hostage to finance a total of $ 33 million and to help living in accordance with negative shares of daily Americans.
Director General Yishai Cohen and former CTO Amit Assaraf, in 2019, established to enter LANDA, making an effort to invest in real estate. Only the requirements of the application were that the users were 18 years of age and the US residents. They were able to start and buy and buy a total of 5 dollars, but also to see real-time updates related to the features of Landa applications. (Assaraf, Linkedin left the company in December 2023 Profile. Did not respond to surveys for comment.)
Today, Landan’s investment portal is low and its application does not work. Users claim that they cannot access their funds and do not pay dividends in months. The beginning of the court, including an early enterprise investor, has a court from Viola.
An early user reported to Techcrunch, which stops paying dividends in their shares in January. When he asked Landa to Landa, he said, “Punt the question.”
“I sent them to them many times and simply canceled the answers, there is nothing real,” the user said. “After that, the application was unusable after a few months. It would not be.”
The user then wanted to delete the account opened in 2021 and to sell shares. However, the ability to sell Landan’s shares was blocked.
“They froze me a lot of my foundations and just closed the application,” he said. “Where’s the money? Why will they not return to me?”
More than 130 complaint Better business bureau against Landaya, similar allegations with them were echoed. For example, such a user in such a user on May 1 complaint They invested more than $ 8,000 through the Land in Sharing and stopped receiving dividends in the last fall. The user responded to E-Landa Customer Service’s “work on it” and responded to their e-mail.
In mid-April, Techcrunch, including the issue, including the workplace situation and the company itself – “Of course, the site will be back.”
When the application did not work and why users did not receive a dividend in the months, Johen’s response was still accusing the servers: “Our services are not broken. We are.”
In addition, April 18 Cohen shared this statement: “We want to make sure all the investors affect our platform and product. We informed all the updates of investors, including all updates.
Cohen did not meet our desire for a status update on May 20. Investors did not meet many inquiries for NFX and 83nth comments.
The claim was filed
This is not only users who are not upset with Landa. The company sues the elementary lender.
Viola Credit and L Finance A claim In the New York State Supreme Court, in November 2024, accusing a loan worth $ 35 million against Landaya, giving the company worth 35 million loans. (Viola is also an investor in Landa through the enterprise department.)
Lenders caused him to collect the missing property tax payments, these features, the indifferent features, and even rent.
Claim – First reported After trying to fulfill Landan’s commitments, Landan, who had been working to fulfill Landan obligations for more than a year, has expanded Landan’s liabilities for more than a year.
After additional negotiations failed, then preventing the court, after which, interfering with bank accounts, referring to the reconstruction of business, and was given to return the goods to return the goods.
Despite the reserves, the lender returned to court in January 2025, claiming that Landa sent them to a different bank account, which was not provided with management. They discovered this while repairing the septic system of a property. In addition, Landa’s CEO accused of selling or trying to sell some features.
The court ordered Landan to explain himself. Instead, in early March, the Independent manager asked the court for a restricted order of Viola Credit and L.
Judge Jennifer G. ScheCTer was not satisfied. In March, both sides ordered to find a solution “good for all your customers”. Landan rejected a command request and ordered the company to pay for about $ 100,000. A few weeks later, Landa presented an official meter. The case is still waiting.
A difficult model
Landa is just one of the few beginners who offer faction real estate investment in recent years. In addition, no doubt the only fight – especially the mortgage interest rates began to increase in 2022.
Ring Millions of dollars were grown Before visible visible to offer an AI agent to automate financial and property transactions with human level performance. Dallas based NothingAs the index, “Cityfunds”, called “Cityfunds”, “Cityfunds”, called Cityfunds to $ 250 to the capital market, which is called “Cityfunds”, which allowed the Cityfunds to the capital market, is called Cityfunds called “Cityfunds”. Now its website presents a new tag line: “Log in to home capital to finance something.”
By the way Perhaps the highest profile of the gang – and the only one that seems like actively working under the same model. In May 2022, TechCrunch reported Raised $ 25 million The Bezos allows you to receive shares in single-family rentals, which are “as little as $ 100” in a number of financial rounds, including expeditions. According to the website, it must be paid in the beginning of more than $ 13 million and in percentage of more than $ 13 million and has 766,000 recorded investors.
When it comes to people who sleep with Landa, the future of their money seems uncertain. From May 23, the Landa investor portal website still redirects the “Soon” maintenance message “Future”.
