A former bishop in the African Methodist Episcopal Zion Church (AME Zion) pleaded guilty to multiple fraud charges in federal court in connection with a scheme to obtain control of church properties in California. According to court documents and the plea agreement,...
A New Jersey real estate investor who gained a social media following for his house flipping advice was indicted by a federal jury for creating a multimillion-dollar Ponzi-like investment fraud scheme. According to documents filed in this case and statements made in...
Oluwaseun Adekoya, a Nigerian national, was convicted by a jury for leading a nationwide bank fraud scheme involving the theft of home equity lines of credit (HELOCs). According to the charges brought against him, Adekoya – who operated under multiple pseudonyms –...
The Securities and Exchange Commission (SEC) has charged Robynne Alexander, a real estate developer based in Manchester, New Hampshire, with defrauding investors through schemes that resulted in at least $3 million in losses. According to the SEC’s complaint,...
Another sports team eyeing public funds for a new stadium, property tax relief comes to Texas, and a social media influencer who gave very bad advice. From the wild and wooly world of real estate, here are our Hits and Misses for the week of June 16-20. Miss: Who’s...
Altisource’s Foreclosure Auction Inventory Surges as Service Revenue …
