Ismagil Shangareev – $15 million Real Estate Scammer in the UAE

Ismagil Shangareev is a Russia-based Kazan native who ran a fraudulent scheme in the UAE through Dan Real Estate LLC. 

By using this shady company, he claimed to sell real estate investments in the Ajman city of United Arab Emirates. 

Ismagil Shangareev
File photo: Ismagil Shangareev

Authorities estimate that Ismagil scammed hundreds of Russians through Dan Real Estate LLC.

The scheme was simple. In his scheme, the tourists coming to the UAE would see advertisements in hotels for the sale of real estate investments. Those advertisements would have promises of attractive interest and profits. 

Then, when the victims would respond to the advertisement, Ismagil Shangareev would invite them to the office of Dan Real Estate LLC in Ajman. 

Here, he would impress people by showing pictures of prominent celebrities, spiritual leaders, actors and politicians. Afterwards, he would make himself seem more credible by showing a bunch of documents and contracts. 

By using this tactic, Ismagil Shangareev used to show himself as a reliable and reputed businessman. 

Sometimes, he would invite his victims to his restaurant named “Kazan” in the UAE. If somebody was too much in doubt, he would even invite them to his house and introduce them to his family. 

Authorities later discovered that several members of Ismagil’s family were involved in the scam as well. In fact, Ismagil’s son was running Dan Real Estate in Russia. 

Ismagil Shangareev Made $15 Million Through The Scam:

According to the investigators, Ismagil had made $15 million from this fraudulent scheme since 2013. Although some of his victims have received brief refunds, most of them haven’t received anything in return. 

On average, every victim of Ismagil Shangareev paid him $130,000.

Ismagil has met with many Russian celebrities including pop stars, clergy leaders and politicians. By using his pictures with some of those people, he was able to make himself seem like a reliable and devout person. 

He didn’t even hesitate to deceive Muslims and some of the victims were his own countrymen. 

Investigators found that Dan Real Estate had violated several UAE laws. Hence, the clients of Ismagil Shangareev were entitled to full refunds along with legal fees and other compensation. 

It also means that authorities can seize all assets under the possession of Shangarev family. 

Conclusion

Real estate investments seem quite lucrative and hence, the industry has a ton of scammers as well. You should be extremely careful when dealing with anyone who claims to offer attractive real estate investments. 

For example, Aamir Waheed Orlando FL is a scammer who stole millions from people in the US through his real estate scam. Another real estate scammer is Nick Carlile who used to sell hotel investments in the UK. 

It’s obvious that Ismagil Shangareev is a selfish scammer who you should avoid at all costs.

2.2 Total Score
Fraud

Ismagil Shangareev is a fraudster in the UAE who scammed numerous tourists and earned over $15 million. Beware of him and his fraudulent real estate company, Dan Real Estate LLC!

2.4Expert Score
Trust
2.8
Experience
2.8
Honesty
2.1
Ethics
1.7
1.9User's score
Trust
1.4
Experience
2.4
Honesty
2.4
Ethics
1.4
PROS
  • None
CONS
  • Scammer
  • Investigated by authorities
  • Made $15 million illegally
Add your review  |  Read reviews and comments
10 Comments
Show all Most Helpful Highest Rating Lowest Rating Add your review
  1. There are many people in Russia and abroad who have been deceived by Khadia. People didn’t see any money or apartments.

  2. 0.5
    Trust
    10
    Experience
    10
    Honesty
    10
    Ethics
    10

    Good night! For seven years, Shangareeva Hadiya continues to deceive people. She’s a calculating villain. She stole money and open restaurant

    Helpful(1) Unhelpful(0)You have already voted this
  3. 0.5
    Trust
    10
    Experience
    10
    Honesty
    10
    Ethics
    10

    Hello for everyone! Your article says that Ismagil Shangareev is cheater, this is not true. The biggest cheater is his doughtier Hadiaya Shangareeva.
    Hadiaya Shangareeva deceived her family, she took the money without providing any property.

    + PROS: NO
    Helpful(2) Unhelpful(1)You have already voted this
  4. Добрый день Всем я полностью согласен со статьей Шангареевы Если точно говорить сыновья отец а так же некоторые родственники Мошейнеки а сам Шангареев Исмагил Калямович уже с детства начал мошенничества о так же с 2000 года о́ мошенничества его возрасло до межрегионального уровня Шангареев Добрался до правительственного и интернационального и Религиозного Уровня при этом сталкивая государственную безопасность каждой страны прикрываясь лжимуфтием в исламе Если он и его сыновья думают что они избегут наказания То Всевышний Даст Им Самое Строгое Наказания есть Такое Слово Аллах и Шариат Суд Вы Шангареевы можете обманывать всех но Всевышнего Не когда Да Свершиться Правосудия над Вами Аминь Аминь Аминь

  5. Добрый день! Полностью согласен с комментариями. На протяжении десяти лет шангареев и. к. продолжает обманывать людей. Все что видете в соц сетях (бизнесмен и семьянин) это лишь ширма для прекрытия деяний

  6. 2.75
    Trust
    30
    Experience
    80
    Honesty
    80
    Ethics
    30

    “Several members of his family”: Could you please just write down that his sons helps him a lot.
    A lot of his relatives are victims of his scamming as well.

    Helpful(3) Unhelpful(1)You have already voted this
    • Это не помощь а как вирус лучше или гены когда корень один вирус то все растения погибает анчар стихотворение про Него

  7. 0.5
    Trust
    10
    Experience
    10
    Honesty
    10
    Ethics
    10

    В России и за рубежом много обманутых людей. Ни денег,ни квартир люди не увидили.только автор ошибся,он уроженец Оренбургской области

    + PROS: Нет
    - CONS: Всё что связано с ними, везде одни минусы
    Helpful(2) Unhelpful(0)You have already voted this
  8. 0.5
    Trust
    10
    Experience
    10
    Honesty
    10
    Ethics
    10

    Добрый день! У вас в статье написано что Шангареев Исмагил начал обманывать в 2013 году, не совсем верно. Первые потерпевшие были в 2008 году из его родного стана – Бугуруслана.
    Шангареев Исмагил обманул своих односельчан с которыми жил в одной деревне, забрал деньги не предоставив никакой недвижимости.

    + PROS: Плюсов нет. Шангареев Исмагил вместе со старшими сыновьями Ислам( основал компанию Topaddress) Джалиль, Мухамад - аферисты!
    - CONS: На долгие годы в вашей аптечке появятся валерьянка и волидол.
    Helpful(3) Unhelpful(0)You have already voted this
    • Добрый день! Полностью согласен с комментариями. На протяжении десяти лет шангареев и. к. продолжает обманывать людей. Все что видете в соц сетях (бизнесмен и семьянин) это лишь ширма для прекрытия деяний

Leave a reply

Your total score

Gripeo
Logo
Register New Account