Paul Nassif Loses $400K in Real Estate Scam!
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Adrienne Maloof

Paul Nassif Loses $400K in Real Estate Scam!

Paul Nassif just got hustled, y’all.

Former Real Housewives of Beverly Hills star Adrienne Maloof’s ex-hubby just got caught up in a real estate scam, getting shaken down for nearly $400K. He may be a doctor, but that doesn’t mean he’s got street smarts, you guys!

According to TMZ, Anthony Zogaib — the con artist in question — approached Paul last year with plans to buy homes in need of renovation, flip them by spending $10-$15K on repairs, and then sell them for a higher price, allowing the two to make serious bank.

In a lawsuit against Anthony, Paul claims that he paid 50 percent of the downpayment and 50 percent of the remodel costs — with the obvious plan being for the two to split the profits down the middle. In total, Paul gave Anthony $367K and got absolutely nothing in return. Even worse? Paul says Anthony straight up refused to return his investment!

TMZ reached out to Anthony for comment but had no luck. It’s a good thing that Paul is a fancy plastic surgeon with an upcoming E! reality show — Botched, with Terry Dubrow, husband to Real Housewives of Orange County star Heather Dubrow — which premieres June 24 at 9 p.m. ET.

We hope Paul eventually gets his money — and dignity — back!

What do you think about Paul getting gypped? Hit the comments and sound off!

Source: TMZ

Carson Blackwelder is an Associate Editor at Wetpaint Entertainment. Follow him on Twitter and Google+!