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...
Canada’s Ottawa Police Service arrested Timothy LaFlamme for running a real estate investment scam. According to the charges brought against him, LaFlamme is accused of defrauding friends and acquaintances of over $240,000 between December 2023 and September 2024....
A former Morgan Stanley financial advisor in El Paso, Texas, was sentenced 12 years in prison for committing a multi-million-dollar fraud scheme. According to court documents, Jesus Rodriguez de la Cruz defrauded his employer and clients between May 2018 to August...
Jonathan Lamore, a former CEO of the real estate investment and management firm Arciterra Companies LLC, was sentenced to five years in prison for manipulating the stock price of WeWork Inc. with a fake tender offer designed to fraudulently inflate the value of his...
Altisource’s Foreclosure Auction Inventory Surges as Service Revenue …
