The shadow of a hand holding a key in front of a group of Airbnb logos.
Shray Goel and his associates managed over 100 properties to run a bait-and-switch scheme that made over $8.5 million, prosecutors alleged.
  • Shray Goel and his associates managed over 100 properties across the US.
  • Prosecutors alleged that Goel ran a scheme where he would purposely double-book those properties.
  • In some cases, Goel would book people into properties that didn't exist.

An Airbnb host accused of making millions by posting fake bookings across the country on short-term rental sites was arrested and charged with wire fraud and aggravated identity theft, according to an indictment filed last Thursday in Florida district court.