The Securities and Exchange Commission (SEC) has brought new charges against Elchonon “Elie” Schwartz and his New York City-based commercial real estate investment firm Nightingale Properties LLC. Earlier this month, Schwartz pleaded guilty in federal court for...
The head of a New York City commercial real estate investment firm pleaded guilty for coordinating a fraud scheme that siphoned $62.8 million from more than 800 investors. Elchonon “Elie” Schwartz, in his role as the CEO of Nightingale Properties, solicited...
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...
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...
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...
Altisource’s Foreclosure Auction Inventory Surges as Service Revenue …
