by Phil Hall | May 20, 2025 | Commercial Real Estate News, Current News & Events, Real Estate Investing, Real Estate News, WRE News Exclusive
Elchonon “Elie” Schwartz, the CEO of the commercial real estate investment firm Nightingale Properties, was sentenced to 87 months in prison for conducting a fraud scheme that siphoned $62.8 million from more than 800 investors. Schwartz solicited investments through...
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...
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...