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Real Estate Developer Convicted with Menendez Pleads Guilty to Bank Fraud Charge

Real Estate Developer Convicted with Menendez Pleads Guilty to Bank Fraud Charge

by Phil Hall | Sep 6, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

A real estate developer who was convicted with former Sen. Bob Menendez (D-NJ) this summer has pleaded guilty to a separate charge of bank fraud. ABC News reported Fred Daibes was charged with making false statements concerning a 2008 loan when he was chairman and CEO...
Report: Colorado Officials Told About Venezuelan Gang Presence Weeks Before the Story Went Public

Report: Colorado Officials Told About Venezuelan Gang Presence Weeks Before the Story Went Public

by Phil Hall | Sep 6, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

A new report has revealed Colorado officials were informed that the Venezuelan criminal gang Tren de Aragua had taken over several apartment complexes in Aurora weeks before the story became public but failed to respond to the warning. The Denver Gazette reported...
West Virginia Real Estate Developer Sentenced for Bankruptcy Fraud

West Virginia Real Estate Developer Sentenced for Bankruptcy Fraud

by Phil Hall | Sep 5, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

A West Virginia real estate developer was sentenced to one year and one day in prison for falsification of bankruptcy records. According to the charges brought against him, John H. Wellford III, 73, filed for bankruptcy in March 2019 on behalf of Corotoman Inc., a...
New Jersey Real Estate Agent Pleads Guilty for Conduct During Jan. 6 Riot

New Jersey Real Estate Agent Pleads Guilty for Conduct During Jan. 6 Riot

by Phil Hall | Sep 4, 2024 | News/Current Events, Real Estate News, WRE News Exclusive

A New Jersey real estate agent pleaded guilty for participating in riot that overtook the U.S. Capitol on Jan. 6, 2021. The Asbury Park Press reported 28-year-old Robert Coppotelli admitted to one count of disorderly and disruptive conduct at the Capitol and one count...
Alabama Mortgage Officer Turned Realtor Killed in Gas Station Shooting

Alabama Mortgage Officer Turned Realtor Killed in Gas Station Shooting

by Phil Hall | Sep 4, 2024 | News/Current Events, Real Estate News, WRE News Exclusive

A mortgage officer who just began a new career as a real estate agent was killed on Friday night when a gunman opened fire at a gas station in Bessemer, Alabama. AL.com reported 41-year-old Wesley Fowler Jr. was one of three men fatally shot at a Citgo station near...
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