It is estimated that the real estate fortune that Martin Braithwaite (33) would have in the US amounts to 250 million dollars (230 million euros), but according to the Danish financial media ‘Frihedsbrevet’ there is a long list of supposed projects that do not actually exist. Is his real estate fortune a scam?
Braithwaite has a real estate company shared with his uncle, Philip Michael, with a market value of 250 million euros and he also has a clothing brand with his wife that has a turnover of tens of millions of dollars. Together with his uncle, an entrepreneur, real estate businessman and best-selling author (Real Estate Wealth Hacking: How To 10x Your Net Worth In 18 Months), Braithwaite started the first smart home project in Philadelphia about three years ago.
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However, ‘Frihedsbrevet’ claims to have found only one property in the footballer’s name. Philip Michael reportedly promised to send the media a detailed list of all the company’s assets, but this has not yet happened. A large number of supposed projects turn out not to exist, says ‘Frihedsbrevet’, which also reports that there are many microinvestors unhappy with the NYCE project.