Property moguls

Twin husbands charged in a $15million building fraud scheme

PHOTO: Property moguls Charbel (inset, bottom right) and Elie Douna (bottom right), 33, were arrested (pictured right) on Wednesday following police raids across the Illawarra region, on the NSW south coast. 

Twin brothers whose influencer wives flaunt their opulent lifestyles on Instagram have been charged over an alleged multimillion-dollar fraud scheme.

Property moguls Charbel and Elie Douna, 33, were arrested on Wednesday in police raids across the Illawarra region, south of Sydney.

The wealthy directors of Albion Park company LuxHomes were accused of falsifying documents to get a $14.7million loan to built properties on a 92-home estate called ‘Avoca Park’.

Their glamorous wives splash their extravagant lifestyle regularly on Instagram – showing off lavish holidays, first class tickets, designer clothes, and luxury homes.

Pictured: Elie Douna and his wife Emily. The couple, who live on the NSW south coast, have three children together

Pictured: Elie Douna and his wife Emily. The couple, who live on the NSW south coast, have three children together

Ms Douna (pictured with her husband) regularly posts pictures showing her lavish lifestyle

Ms Douna (pictured with her husband) regularly posts pictures showing her lavish lifestyle

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