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FBI Warns of Rise in Quit Claim Deed Fraud Across New England

FBI Warns of Rise in Quit Claim Deed Fraud Across New England

by Phil Hall | Apr 2, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Boston Division of the Federal Bureau of Investigation (FBI) has issued a warning to both property owners and real estate agents regarding what it dubbed “a steady increase in reports of quit claim deed fraud” across New England. The FBI noted that 58,141 victims...
Real Estate Developer Sentenced for Bribing Michigan Mayor

Real Estate Developer Sentenced for Bribing Michigan Mayor

by Phil Hall | Oct 25, 2024 | Current News & Events, Real Estate News, WRE News Exclusive

A Michigan real estate developer was sentenced to one year and a day in prison for bribing a mayor with cash and home renovations in exchange for obtaining tax-foreclosed properties from the mayor’s city. According to court documents, Shady Awad provided Richard...
Developer Sergio Pino Dies from Suicide Amid FBI Raid on His Home

Developer Sergio Pino Dies from Suicide Amid FBI Raid on His Home

by Phil Hall | Jul 17, 2024 | Current News & Events, Real Estate News, WRE News Exclusive

South Florida developer Sergio Pino was found dead in his home in Coral Gables from a self-inflicted gunshot wound on Tuesday morning after the FBI arrived to conduct a raid at the property. He was 67 years old. According to a WPLG report, the FBI action was...
Report: FBI Agents Seek Federal Help to Cover Housing Costs

Report: FBI Agents Seek Federal Help to Cover Housing Costs

by Phil Hall | Apr 12, 2024 | Current News & Events, Industry Updates, Real Estate News, U.S. Housing Market, WRE News Exclusive

FBI agents assigned to cities with a high cost of living are seeking federal assistance to help cover their housing expenses. According to an NPR report, the FBI Agents Association has requested $165 million to be included in the Justice Department’s 2025 budget...
Hits and Misses for the Real Estate Week of July 10-14

Hits and Misses for the Real Estate Week of July 10-14

by Phil Hall | Jul 14, 2023 | Current News & Events, Hits and Misses, Real Estate News, U.S. Housing Market, WRE News Exclusive

An improbable relocation of FBI headquarters, HUD’s misplaced priority on climate and NAR’s too-generous donation to a Montana mayoral race. Looking into the wild and wooly world of real estate, here are our Hits and Misses for this week. Miss: Sweet FBI Home Alabama?...
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