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SEC Brings New Charges Against Elie Schwartz

SEC Brings New Charges Against Elie Schwartz

by Phil Hall | Feb 25, 2025 | Current News & Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The Securities and Exchange Commission (SEC) has brought new charges against Elchonon “Elie” Schwartz and his New York City-based commercial real estate investment firm Nightingale Properties LLC. Earlier this month, Schwartz pleaded guilty in federal court for...
American Developer Shot to Death at His Luxury Project in Belize

American Developer Shot to Death at His Luxury Project in Belize

by Phil Hall | Feb 24, 2025 | Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

An American real estate developer was shot to death on Friday at his luxury project in Belize. Boris Mannsfeld, 56, was found dead from a gunshot to the back of his neck at the Cocoplum Villas in Maya Beach with his personal belongings intact, including his wallet...
11 More Women File Sexual Assault Lawsuits Against the Alexander Brothers

11 More Women File Sexual Assault Lawsuits Against the Alexander Brothers

by Phil Hall | Feb 19, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

Eleven women filed lawsuits against the Alexander Brothers, expanding the civil litigation charging the real estate family siblings with sexual assaults. The Real Deal reports most of the lawsuits accused Oren and/or Tal Alexanders for assaults that allegedly occurred...
SEC Brings New Charges Against Elie Schwartz

Real Estate Investment Firm Head Pleads Guilty to $62.8 Million Fraud Scheme

by Phil Hall | Feb 13, 2025 | Commercial Real Estate News, Current News & Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The head of a New York City commercial real estate investment firm pleaded guilty for coordinating a fraud scheme that siphoned $62.8 million from more than 800 investors. Elchonon “Elie” Schwartz, in his role as the CEO of Nightingale Properties, solicited...
Indiana Developer Sentenced for Real Estate Fraud Scheme

Indiana Developer Sentenced for Real Estate Fraud Scheme

by Phil Hall | Feb 12, 2025 | Current News & Events, Real Estate Investing, Real Estate News, WRE News Exclusive

An Indiana real estate developer was sentenced to 41 months in prison for his role in a fraud scheme aimed at real estate investors. According to court documents, Herbert “Bert” Whalen operated Oceanpointe Property Management in Indianapolis from August 2016 to July...
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