Current:Home > MyBenjamin Ashford|Self-professed ‘Wolf of Airbnb’ sentenced to over 4 years in prison for defrauding landlords -InvestPioneer
Benjamin Ashford|Self-professed ‘Wolf of Airbnb’ sentenced to over 4 years in prison for defrauding landlords
FinLogic FinLogic Quantitative Think Tank Center View
Date:2025-04-09 22:02:32
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 Benjamin Ashforda 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! (197)
Related
- Costco membership growth 'robust,' even amid fee increase: What to know about earnings release
- Ayesha Curry Details Close Friendship With Great Mom Lindsay Lohan
- Why Ruby Franke’s Estranged Husband Says He Became a “Resident Exorcist” for Her Former Business Partner
- James Madison moves quickly, hires Preston Spradlin as new men's basketball coach
- All That You Wanted to Know About She’s All That
- Well-known politician shot dead while fleeing masked gunmen, Bahamas police say
- Can 'villain' Colorado Buffaloes overcome Caitlin Clark, Iowa (and the refs)?
- FTX founder Sam Bankman-Fried sentenced to 25 years on crypto fraud charges
- Current, future North Carolina governor’s challenge of power
- Moscow attack fuels concern over global ISIS-K threat growing under the Taliban in Afghanistan
Ranking
- Small twin
- UNLV releases video of campus shooter killed by police after 3 professors shot dead
- Baltimore bridge collapse: Who will pay for the destroyed bridge, harmed businesses and lost lives?
- Notre Dame star Hannah Hidalgo rips her forced timeout to remove nose ring
- Most popular books of the week: See what topped USA TODAY's bestselling books list
- Moscow attack fuels concern over global ISIS-K threat growing under the Taliban in Afghanistan
- FTX founder Sam Bankman-Fried sentenced to 25 years on crypto fraud charges
- HGTV’s Chelsea Houska and Cole DeBoer Reveal the Secret to Their Strong AF Marriage
Recommendation
Brianna LaPaglia Reveals The Meaning Behind Her "Chickenfry" Nickname
Well-known politician shot dead while fleeing masked gunmen, Bahamas police say
Tori Spelling Files for Divorce From Dean McDermott After Nearly 18 Years of Marriage
Poison reports for dogs surge 200% at Easter: What to know to keep dogs, other pets safe
Military service academies see drop in reported sexual assaults after alarming surge
Unsung North Dakota State transfer leads Alabama past North Carolina and into the Elite 8
Can 'villain' Colorado Buffaloes overcome Caitlin Clark, Iowa (and the refs)?
North Carolina State keeps March Madness run going with defeat of Marquette to reach Elite Eight