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Hits and Misses for the Real Estate Week of Sept. 16-20

Hits and Misses for the Real Estate Week of Sept. 16-20

by Phil Hall | Sep 20, 2024 | Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new plan to expand federal involvement in housing, a deed thief gets arrested, and Home Depot pays for overcharging customers. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Sept. 16-20. Miss: AOC Talks Housing. This week,...
West Virginia Real Estate Developer Sentenced for Defrauding Investors

West Virginia Real Estate Developer Sentenced for Defrauding Investors

by Phil Hall | Sep 20, 2024 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

A West Virginia real estate developer was sentenced to five years in federal prison for defrauding investors out of more than $5 million. Jeffrey James Morris, managing member of Roxby Development LLC, secured local and national funding to develop real estate in...
Woman Arrested for Deed Fraud on North Carolina Mansion

Woman Arrested for Deed Fraud on North Carolina Mansion

by Phil Hall | Sep 17, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A North Carolina woman who became the center of national attention for filing a fraudulent deed on a Raleigh mansion has been arrested. WRAL reported Dawn Mangum’s name was listed on a deed recently filed with the Wake County Register of Deeds for a property...
Court Shuts Down El Paso Hotel Over Alleged Venezuelan Crime Gang Activity

Court Shuts Down El Paso Hotel Over Alleged Venezuelan Crime Gang Activity

by Phil Hall | Sep 12, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The historic Gateway Hotel in El Paso, Texas, has been temporarily closed by a state judge amid accusations that the property’s owner enabled the Venezuelan criminal gang Tren de Aragua to operate from its premises. The El Paso Times reported Judge Maria Salas-Mendoza...
Social Media Influencer Indicted on 15 Counts Related to Real Estate Investment Fraud

Social Media Influencer Indicted on 15 Counts Related to Real Estate Investment Fraud

by Phil Hall | Sep 10, 2024 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Theodore Miller, a social media influencer who attracted investors by presenting himself across TikTok and Instagram as a wealthy real estate mogul, received a 15-count indictment on charges relating to wire fraud, money laundering, and obstruction. Miller, who went...
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