A Florida property manager is being sought by police after investigators determined she embezzled hundreds of thousands of dollars from homeowners’ associations to finance her personal lifestyle. WGME reports the Martin County Sheriff’s Office issued a warrant...
A former Massachusetts realtor who was indicted on multiple charges including embezzlement was sentenced to two-to-three years in prison followed by five years of probation after changing his plea to guilty. WCBV reports Stephen Webster, the owner of the now-defunct...
Smart Capital Center, a San Francisco-based platform for commercial real estate underwriting, loan origination and asset management, announced the launch of Fraud Alerts, a new artificial intelligence capability designed to detect inconsistencies, anomalies, and...
A convicted Florida felon pleaded guilty to running a real estate investment fraud scheme that raised more than $50 million. Jean Joseph, also known as “Jon,” of Boca Raton, pleaded guilty to conspiracy to commit money laundering. His co-defendant, Janalie Camille...
The UK government has frozen the assets of a fugitive Chinese national who acquired up to $108 million worth of London-based real estate. According to the Organized Crime and Corruption Reporting Project, the initial March 24 announcement from the Crown Prosecution...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
