Nearly 10,000 people reported being victims of this kind of fraud in 2017 with losses over $56 million, an FBI report shows.
Bitcoin has been on a roller coaster ride of late, shooting up to nearly $20,000 a piece in mid-December and then dropping sharply around Christmas.
The posters usually have the numbers to call in case one is interested in the house or plot of land.
According to the lands ministry statistics over 2000 housing units are set up annually.
The planned Xiongan New Area currently measures 2,000 square kilometres (772 square miles).
Housing minister Baryomunsi said government is also working on availing money for mortgage financing.
Commercial online firm Lamudi has noted in a report that the bureaucratic process of registering property and land is a big challenge costing the industry...
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