A former Illinois contractor avoided prison time when a judge sentenced him to three years of supervised release, 200 hours of community service and a $9,500 fine for his role in a bank fraud scheme involving straw buyers and overvalued properties. The Belleville...
The Financial Crimes Unit of Texas’ Midland Police Department made its first arrest after investigating a series of fraudulent real estate sales. The suspect, 50-year-old Courtney Lister, was arrested on April 13. At the time of his apprehension, he possessed and...
A federal judge has dismissed a defamation lawsuit filed by 61 former Fannie Mae (OTCQB: FNMA) employees against Bill Pulte, director of the Federal Housing Finance Agency (FHFA), who claimed without producing evidence that they were fired for making fraudulent...
A Philadelphia real estate agent was sentenced to 37 months’ imprisonment and two years of in connection with a scheme in which he raised millions of dollars from individuals and businesses, supposedly for short-term real estate financing opportunities, when no such...
Realtors in the Atlanta metro market are being impersonated by a TikTok account that tries to shakedown unsuspecting renters with upfront fees for properties they do not represent. Atlanta News First reports at least two realtors had their photos and videos taken...
Barings Buys $66.2 Million Orange County Retail Center as Grocery-Anchored …
