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Investors in Airbnb Arbitrage Business Allege They Were Defrauded


A company called Hands-Free Automation (HFA) has been accused of improperly relisting properties on Airbnb at higher prices after taking listings from hotel and short-term rental sites, according to a lawsuit filed in February. HFA founder Anthony Agyeman allegedly promised investors returns in 3-6 ...

A company called Hands-Free Automation (HFA) has been accused of improperly relisting properties on Airbnb at higher prices after taking listings from hotel and short-term rental sites, according to a lawsuit filed in February. HFA founder Anthony Agyeman allegedly promised investors returns in 3-6 months for $20,000-30,000 investments in owning stakes in Airbnb listings. The Federal Trade Commission has accused similar companies previously of making false promises of profits.

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