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California Man Sentenced for Real Estate Investing Fraud Scheme

California Man Sentenced for Real Estate Investing Fraud Scheme

by Phil Hall | Dec 10, 2024 | Current News & Events, Market Snapshot, Real Estate Investing, Real Estate News, WRE News Exclusive

A California man at the center of a real estate scam that raised $13.8 million by falsely promising investors returns of up to 10% was sentenced to 15 years and one month in prison. The Orange County Register reported Brett Barber, who was a co-owner of Newport...
Connecticut Real Estate Agent Sentenced for Short Sales Fraud Scheme

Connecticut Real Estate Agent Sentenced for Short Sales Fraud Scheme

by Phil Hall | Dec 6, 2024 | Current News & Events, Market Snapshot, Real Estate News, WRE News Exclusive

A Connecticut real estate agent was sentenced in federal court in Boston for his role a multi-year scheme to defraud his clients by engaging in fraudulent short sales of government and bank-owned properties to straw buyers acting at the direction of the defendant....
Three Bay Area Real Estate Professionals Sentenced for Mortgage Fraud Scams

Three Bay Area Real Estate Professionals Sentenced for Mortgage Fraud Scams

by Phil Hall | Dec 2, 2024 | Current News & Events, Market Snapshot, Mortgage Information, Real Estate News, WRE News Exclusive

A trio of real estate professionals in California’s Bay Area were sentenced for their roles in a $55 million mortgage fraud conspiracy case. According to the charges brought against them, Tjoman Butalim of San Francisco was a licensed real estate broker until his...
Woman at Center of North Carolina Deed Theft Case Continuing Her Scams

Woman at Center of North Carolina Deed Theft Case Continuing Her Scams

by Phil Hall | Nov 27, 2024 | Current News & Events, Real Estate News, WRE News Exclusive

A woman who gained notoriety for attempting a deed theft scam on the mansion of a dentist in Raleigh, North Carolina, has obviously not learned any lessons from her miscreant shenanigans. WRAL reported that Dawn Mangum was arrested and charged with felony last...
California Man Pretending to be Real Estate Agent Arrested for Burglarizing Open Houses

California Man Pretending to be Real Estate Agent Arrested for Burglarizing Open Houses

by Phil Hall | Nov 21, 2024 | Current News & Events, Real Estate News, WRE News Exclusive

A 50-year-old man in California’s Marin County was arrested yesterday for stealing thousands of dollars in jewelry and other items last month from open houses where he pretended to be a real estate agent. The Marin County Sheriff’s Office reported that Joshua...
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