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Indiana Developer Sentenced for Real Estate Fraud Scheme

Indiana Developer Sentenced for Real Estate Fraud Scheme

by Phil Hall | Feb 12, 2025 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

An Indiana real estate developer was sentenced to 41 months in prison for his role in a fraud scheme aimed at real estate investors. According to court documents, Herbert “Bert” Whalen operated Oceanpointe Property Management in Indianapolis from August 2016 to July...
Free Fraud Alerts Now Available for Florida Property Owners

Free Fraud Alerts Now Available for Florida Property Owners

by Phil Hall | Jan 29, 2025 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

Property owners in Florida can now receive free service alerts if a deed, mortgage, or other official record is recorded in their name in a county’s official records. Alerts can be received by phone call, text message or email. Florida residents who receive an alert...
Former Real Estate Investment Executive Indicted on Multiple Fraud Charges

Former Real Estate Investment Executive Indicted on Multiple Fraud Charges

by Phil Hall | Jan 28, 2025 | Market Snapshot, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

A former executive with a now-defunct New Jersey-based real estate investment firm was indicted for his role in an investment fraud scheme and for misappropriating approximately $2.3 million from investors. Ivel Turner, who was vice president of project management for...

Nashville Man Sentenced to 4 Years for Covid-Era Rental Assistance Fraud

by Phil Hall | Jan 22, 2025 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A Nashville man was sentenced to four years in prison plus three years of supervised release for his role in a scheme to fraudulently obtain emergency rental assistance designated for households impacted by the Covid-19 pandemic. According to the charges brought...
Hits and Misses for the Real Estate Week of Dec. 2-5

Hits and Misses for the Real Estate Week of Dec. 2-5

by Phil Hall | Dec 6, 2024 | Hits and Misses, International Real Estate News, Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new achievement in luxury real estate, an executive preparing the next generation of professionals, and the perils of renting to Hunter Biden. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Dec. 2-5. Hit: A New Home for...
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