Minnesota Jury Finds Home Seller Liable for Deceptive 'Sharia Compliant' Real Estate Scheme Targeting East African Muslims
By
Andy Mannix
Summary
A Minnesota jury found home seller Chadwick Banken liable for violating state law in a scheme that targeted East African Muslims with deceptive real estate deals falsely marketed as "sharia compliant." The civil case, brought by Attorney General Keith Ellison's office, involved predatory "contract for deed" arrangements that allegedly extracted excessive sums from home buyers. The case stemmed from a joint investigation by ProPublica and Sahan Journal.
Source
bskyMinnesota Jury Finds Home Seller Liable for Deceptive 'Sharia Compliant' Real Estate Scheme Targeting East African Muslimspropublica.orgKey quotes
· 3 pulledAfter a two-week trial in downtown Minneapolis, a jury sided with Minnesota Attorney General Keith Ellison's office Monday afternoon in a civil case alleging that Chadwick Banken knowingly deceived home buyers through a complicated process known as 'contract for deed.'
The unusual real estate contracts, according to Ellison's office, reaped massive sums of money for Banken and his companies while...
A Minnesota home seller and financier has been found liable for violating state laws in a scheme that targeted East African Muslims with deceptive real estate deals marketed as 'sharia compliant.'
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