Mexico Beach land scam
Two men are arrested for selling
Mexico Beach lots they didn’t own
MEXICO BEACH – Two men believed involved in the fraudulent sale of land in the Mexico Beach area have been arrested, according to the Bay County Sheriff’s Office (BCSO).
The reports of fraudulent sales of land began in August 2022. The BCSO received numerous reports of these sales in the Mexico Beach area. In these cases, the suspect would pose as the owner of a vacant lot in Mexico Beach and would post the property for sale on sites such as Zillow and Craigslist.
Unsuspecting buyers would reach out to the “seller” and begin the process to purchase the lot. During the sale and titling process, the suspect would provide false or forged documentation. In many instances, the sale of these properties would be completed, and the buyer would provide the money to the title company who would in turn wire the proceeds of the sale to the suspect’s bank account.
Two of these completed real estate sales were for properties listed for $75,000 and $70,000. After some time, both sales went through, and the sale proceeds were wired to the suspect’s account.
Through the course of these investigations and with the assistance of the Baltimore County Police Department, it was determined the suspect who initiated the sale is Adekanmi Adedeji, of Baltimore, MD. It was also determined the owner of the bank account that received the wire transfer for both sales is Olusegun Oludamiro, of Houston, TX.
Charges were filed and warrants were issued for these individuals. As of June 8, 2023, both Adedeji and Oludamiro have been arrested on these warrants and are awaiting extradition back to Bay County.
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