"Jockeying for attention across 38,000 square feet are 12 bedrooms, 21 bathrooms, three kitchens, 130 artworks, a 40-seat movie theater, a $30-million fleet of exotic cars, two wine cellars stocked with Champagne, a four-lane bowling alley and a candy room filled with towering cylinders of sweets."
"The sham began in February, when an unknown user with a Chinese IP address and fake phone number side-stepped Zillow's security measures and toyed with the sale prices displayed on the mansion's listing."
"On Feb. 4, Zillow showed that Makowsky's home - which is on the market for $150 million - sold for $110 million. It never did. Over the course of the next week, the real estate site falsely reported sale prices of $90.54 million and $94.3 million."
Developer Bruce Makowsky's "Billionaire" mansion, a 38,000-square-foot Bel Air estate valued at $150 million, features 12 bedrooms, 21 bathrooms, a 40-seat movie theater, exotic car collection, and numerous luxury amenities. In February, an unknown user with a Chinese IP address exploited Zillow's security measures to falsely display multiple sale prices for the property, ranging from $90.54 million to $110 million, despite no actual sale occurring. Makowsky sued Zillow for $60 million in damages, claiming permanent harm to the property's market perception. Zillow filed to dismiss the suit citing Communications Decency Act protections for web operators regarding user-published information. The hearing is scheduled for June 24.
Read at Los Angeles Times
Unable to calculate read time
Collection
[
|
...
]