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Calgary Real Estate Broker Charged with Multimillion-Dollar Investment Scams

Calgary Real Estate Broker Charged with Multimillion-Dollar Investment Scams

by Phil Hall | May 9, 2025 | International Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Police in Calgary have charged a local real estate broker with fraud in multimillion-dollar investment scams. According to the charges, the police were contacted in July 2024 by an individual who said he was invested approximately $80,000 over the course of a year...
Alexander Brothers Face Wider Indictments in Sex Trafficking Case

Alexander Brothers Face Wider Indictments in Sex Trafficking Case

by Phil Hall | May 9, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

A superseding indictment has been brought against the Alexander brothers to include six victims, including an underage girl. The New York Times reports Manhattan federal prosecutors filed the new indictment on Thursday against Oren and Tal Alexander – who were luxury...
Mortgage Fraud Criminal Probe Opened Against NY AG Letitia James

Mortgage Fraud Criminal Probe Opened Against NY AG Letitia James

by Phil Hall | May 8, 2025 | Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

A criminal investigation has been opened by the FBI and the US Attorney’s Office in Albany into allegations of mortgage fraud committed by New York Attorney General Letitia James. The Albany Times-Union first reported the story, which followed a criminal referral...
Hits and Misses for the Real Estate Week of April 28-May 2

Hits and Misses for the Real Estate Week of April 28-May 2

by Phil Hall | May 2, 2025 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The too-high cost for homebuying, the effects of plumbing mishaps on household budgets, and an XL-sized lease in New York City’s office market. From the wild and wooly world of real estate, here are our Hits and Misses for the week of April 28-May 2. Miss: A Dent to...
Chicago Real Estate Developer Sentenced for Embezzlement That Fueled Bank’s Failure

Chicago Real Estate Developer Sentenced for Embezzlement That Fueled Bank’s Failure

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

A Chicago real estate developer was sentenced to six years and eight months in prison for participating in a conspiracy that embezzled millions of dollars from the failed Washington Federal Bank for Savings. Washington Federal was based in Chicago’s Bridgeport...
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