Fingers Point To "Elvis" Impersonator In Possible "Squatters' Rights" Rent Scam Using Vacant Vegas Homes In Foreclosure

In Las Vegas, Nevada, the KLAS-TV Channel 8 I-Team reports:

• On one hand, he impersonates Elvis. But some say what he's doing isn't so entertaining. Real state agents Kristina Pearson and Harry Hall are trying to sell a house. It's in default and going through the foreclosure process. [...] A few months ago, someone broken in, switched the locks and then rented out the house. According to the rental agreement, a woman named Dawn Spencer has been living in the house since late April, paying $850 a month in rent.

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• "They rented the property from this Elvis Nargi," said Hall. We caught up with Nargi in his office with American Executive Realty. At first he told us he knew about the house, then denied it. [...] Eventually, Nargi admitted his company changed the locks and rented out the house, "You really, you really have -- it's written into the state constitution, you have civic right to make that property look good."

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• Sue Naumann heads up the Greater Las Vegas Association of Realtors. She says Nargi is abusing the squatter's rights law, "It sounds like a scam." While Nargi finally admitted to the allegations, he blames his staff. "There was a mistake made," he said.

For more, see:

• I-Team: "Elvis" Steals a Las Vegas House?
• I-Team: More Victims of Elvis Come Forward.

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