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Social Media Influencer Charged with Defrauding Real Estate Investors Out of $11 Million

Social Media Influencer Charged with Defrauding Real Estate Investors Out of $11 Million

by Phil Hall | May 2, 2025 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

A social media influencer who provides financial advice to over a million followers faces federal charges that claim he defrauded investors out of more than $11 million. Tyler Bossetti was charged in US District Court in Columbus, Ohio, with wire fraud and aiding in...
Floyd Mayweather Sues Business Insider for Defamation in Coverage of Real Estate Investments

Floyd Mayweather Sues Business Insider for Defamation in Coverage of Real Estate Investments

by Phil Hall | May 2, 2025 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Boxing legend Floyd Mayweather announced that he has filed a $100 million defamation lawsuit against Business Insider, its parent company Insider Inc., and reporter Daniel Geiger, alleging they published a knowingly false and defamatory article that misrepresented...
$3 Billion Tokenization Deal Focused on Dubai Properties

$3 Billion Tokenization Deal Focused on Dubai Properties

by Phil Hall | May 2, 2025 | International Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

MAG, a United Arab Emirates-based real estate developer, has signed a $3 billion tokenization agreement with MultiBank Group, the world’s largest financial derivatives institution based in Dubai, and Mavryk, a blockchain provider. According to the companies, the...
CMBS Delinquency Rate Surges Above the 7% Mark

CMBS Delinquency Rate Surges Above the 7% Mark

by Phil Hall | Apr 30, 2025 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The commercial mortgage-backed securities (CMBS) delinquency rate passed the 7% mark for the first time since January 2021, according to new data from Trepp Inc. April’s delinquency rate of 7.03% marked a 38 basis points month-over-month increase, with the overall...
Phoenix Man Fined by State for Real Estate Investment Fraud

Phoenix Man Fined by State for Real Estate Investment Fraud

by Phil Hall | Apr 29, 2025 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The Arizona Corporation Commission (ACC), a regulatory state agency, has ordered Gary Martin of Phoenix and his affiliated company Reliant Income Properties LLC to pay $25,000 in restitution and a $10,000 administrative penalty for selling unregistered securities in...
Investor Indicted in $7 Million Brooklyn Deed Fraud Theft

Investor Indicted in $7 Million Brooklyn Deed Fraud Theft

by Phil Hall | Apr 28, 2025 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The improper sale of a Brooklyn property resulted in a real estate investor being charged with grand larceny and falsifying business records for cheating his fellow shareholders by making a transaction without their consent. According to the charges brought against...
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