A pair of Fiji nationals residing in California were sentenced for leading a multimillion-dollar mortgage fraud scheme. According to court records, Jyoteshna Karan and Praveen Singh Karan conspired to make straw purchases and short sales of approximately 15 homes from...
Four real estate investors were sentenced for coordinating a multi-year conspiracy that fraudulently obtained multimillion-dollar loans on commercial and multifamily properties. Aron Puretz and his son, Chaim “Eli” Puretz, both of New Jersey, were sentenced to prison...
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...
A Chicago-area real estate professional was sentenced to five years in federal prison defrauding multiple financial institutions out of more than $3 million. David Izsak, the sole proprietor of Skokie, Illinois-based Premier Assets Inc. and Premier Properties...
The Appraisal Institute is being sued by a former executive who accuses the organization of firing her when she uncovered widespread fraud in the publishing of testing results. Bisnow.com reports Alissa Akins, a former director of education and publications at the...
Zillow Cuts Its Late-2026 Home Sales Outlook as Rents Accelerate
