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Winnipeg Real Estate Agent Gets License Suspended for Concealing Home’s Defects

Winnipeg Real Estate Agent Gets License Suspended for Concealing Home’s Defects

by Phil Hall | Oct 14, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A Winnipeg real estate agent had his license suspended and was fined for concealing the defects in a home prior to its sale and then lying to investigators about his actions. CBC News reported Mahmood Peyawary bought a home in the Westdale section of Winnipeg in March...
Connecticut Real Estate Agent Sentenced for Short Sales Fraud Scheme

Connecticut Real Estate Agent Sentenced for Short Sales Fraud Scheme

by Phil Hall | Oct 8, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

A Connecticut real estate agent was sentenced in federal court in Boston for defrauding his clients through a scheme involving the short sales of government and bank-owned properties to straw buyers. Sheldon Haag was sentenced to one year and one day in prison and two...
Three Lawyers and a Realtor in New Jersey Indicted in Short Sale Fraud Scheme

Three Lawyers and a Realtor in New Jersey Indicted in Short Sale Fraud Scheme

by Phil Hall | Sep 26, 2024 | News/Current Events, Real Estate News, WRE News Exclusive

Three licensed attorneys and a licensed realtor in New Jersey were indicted for their roles in defrauding financial institutions in a short sale fraud scheme. Lawyers Bruce Egert, Nelson Kong, Seung Han Shin (aka Aaron Shin) and realtor Francisco Sanchez were each...
West Virginia Real Estate Developer Sentenced for Defrauding Investors

West Virginia Real Estate Developer Sentenced for Defrauding Investors

by Phil Hall | Sep 20, 2024 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

A West Virginia real estate developer was sentenced to five years in federal prison for defrauding investors out of more than $5 million. Jeffrey James Morris, managing member of Roxby Development LLC, secured local and national funding to develop real estate in...
Georgia Real Estate Attorney Pleads Guilty to Fraud Charges

Georgia Real Estate Attorney Pleads Guilty to Fraud Charges

by Phil Hall | Sep 18, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

An attorney who operated a Georgia-based real estate law firm pleaded guilty to fraudulently obtaining nearly $300,000 in Economic Injury Disaster Loans (EIDL) during the Covid-19 pandemic and to using his attorney escrow account to launder more than $250,000 from...
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