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Real Estate Investor Pleads Guilty to $54.7M in Mortgage Fraud Scams

Real Estate Investor Pleads Guilty to $54.7M in Mortgage Fraud Scams

by Phil Hall | Jun 18, 2024 | Commercial Real Estate News, Industry Updates, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

A New Jersey-based real estate investor pleaded guilty for his role in a multi-year conspiracy to fraudulently obtain over $54.7 million in loans and to fraudulently acquire multifamily and commercial properties. Aron Puretz was an employee of Apex Equity Group, a...
Dallas Pastor Sentenced to 35 Years for Deed Fraud Against Three Churches

Dallas Pastor Sentenced to 35 Years for Deed Fraud Against Three Churches

by Phil Hall | Jun 11, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A Dallas-area pastor was sentenced to 35 years for property theft involving three churches. Whitney Foster led True Foundation Non-Denominational Church, a small congregation without a physical place of worship. According to the charges brought against him, Foster...
Ex-Baltimore Prosecutor Avoids Prison in Sentencing for Mortgage Fraud

Ex-Baltimore Prosecutor Avoids Prison in Sentencing for Mortgage Fraud

by Phil Hall | May 23, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

A former Baltimore city prosecutor who was found guilty of mortgage fraud avoided a prison sentence. The Associated Press reported that former state’s attorney Marilyn Mosby’s was sentenced to 12 months of home confinement, 100 hours of community service and three...
Convicted Sex Offender Reportedly Harassing Female Real Estate Agents in Ohio

Convicted Sex Offender Reportedly Harassing Female Real Estate Agents in Ohio

by Phil Hall | May 17, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

A convicted sex offender with obsession for female real estate agents is reportedly creating a new wave of harassment in Northeast Ohio. According to combined media reports, a female agent conducting an open house in Sagamore Hills, Ohio, was approached by a man who...
Colorado Real Estate Agent Sentenced for $1 Million Investor Scam

Colorado Real Estate Agent Sentenced for $1 Million Investor Scam

by Phil Hall | May 1, 2024 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

A Colorado real estate agent and investor was sentenced to 90 days in jail and 10 years of supervised probation “with strict financial conditions” for stealing more than $1 million from investors in a real estate scam. Bret Lamperes, 54, pleaded guilty last December...
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