Biltmores owner George Koehler is accused by a federal grand jury of illegally using a fake email account to rent luxury properties out to investors.
In a criminal complaint unsealed Wednesday, the Justice Department alleges that Koehlers real estate firm, Koechler Properties, rented out properties in Philadelphia, New York, and Maryland for more than a decade.
The DOJ alleges that the firm used the email address [email protected] to solicit investors.
The complaint charges that Koes real estate agent, who also has worked for the luxury brand, also used a fake LinkedIn account to conduct business with the real estate investor, according to a statement released by the Department of Justice.
The indictment comes just months after Philadelphia realtor Michael Stoll announced his retirement from the realtor profession and announced he would be stepping down as a partner at Koehnels firm.
The indictment unsealed Thursday alleges that Stoll also used the same email account as his LinkedIn profile to solicit prospective investors.
Koehler, a native of New York City, said in a statement that the charges were politically motivated.
“I have never used LinkedIn to conduct any business transactions.
I never received any offers for my services, nor did I ever solicit any investment from any entity,” he said.
Koes office confirmed to Newsweek that Kroehler Properties has hired a lawyer to defend itself against the charges.
Kroehler said he is confident the indictment will be dismissed and has no intention of stepping down from the Koehlers real estate business.