Multimillionaire Brother Evicted From His Home In DC

Owner Of Multimillion-Dollar Home In Northwest Evicted
Owner's Card Says He Is Foreclosure SpecialistPOSTED: 5:38 pm EDT May 5, 2008
UPDATED: 2:22 pm EDT May 6, 2008


WASHINGTON -- The owner of a multimillion-dollar home on Foxhall Road in northwest D.C. was evicted on Monday.

The homeowner, Oladipo Aina, is a Nigerian-born CEO of a company called "The Potentional Millionaires Investment Club International." His business card says he is a foreclosure specialist.

Workers emptied the contents of the five-bedroom, 5,000-square foot home onto the sidewalk Monday.

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Federal marshals looked on as two Rolls Royces were towed from the driveway.

"I am not afraid," Aina said.

Bank records show Aina and his associates in October were served with a 30-day notice to quit and vacate because another owner had purchased the home in a foreclosure sale.

"They are lying," Aina said.

Chairs, furniture and bags of personal effects took up nearly half a city block, causing people who live in the neighborhood to stop and stare.



"It's pretty crazy, actually," said neighbor Marissa Rauch. "It shows you it can happen anywhere."

"We never see anything like this," said neighbor Patti Harburger. "But people are always curious about that house because the blinds are always down. We never see people going in and out."

Aina has 24 hours to move his possessions. He said he's been railroaded.

"I have 30,000 acres of emerald mines worth billions," he said. He said the mines are located in Zambia.

Aina said he will move into an $8 million home in McLean as soon as he can get the people living there to move out.
Copyright 2008 by nbc4.com. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

http://www.nbc4.com/news/16166924/detail.html?taf=dc

Well he was treated like any other person that don't make their mortgage payments on time. He only has himself to blame. He must have stopped communicating with the bank for them to foreclose. Move on rich man get somewhere else to leave.

*reads the comments from the link*

*shakes head*

*exits to cry*

i am just curious as to why he didn't sell one of his cars?  and again him alone knows why he refused to pay the mortgage.

This mortgage meltdown is nothing but legalise 419  so many families have been displaced by all this illegal lenders.

As funny as this may look, i seriously think its sad and disgusting.

This guy just pure gasoline on himself.  watch out for IRS to investigate him.

How much is he making and how much is he paying in taxes?

He may have been doing business legally in Zambia, inherited them from someone or he's just a big mouthed fella that just incured the wrath of IRS that will soon come after his ass.

@ OsunAmazon I did not say he is associated with 419.  I said the mortgage adjustable rate is a legalise way of defrauding the people.

True talk

Moved to property section.