New York Attorney General Letitia James is seeking a lifetime ban on former President Donald Trump from the real estate industry in the state, along with a $370 million fine against Trump and his companies. According to combined media reports, James is also seeking...
The Consumer Financial Protection Bureau (CFPB) and the U.S. Department of Justice (DOJ) have filed a lawsuit against the Texas-based developer and lender Colony Ridge, accusing the company of operating an illegal land sales scheme targeting tens of thousands of...
Michael V. Shustek, CEO of Las Vegas-based Vestin Mortgage LLC, has announced the resolution of a civil case brought against him and his company by the U.S. Securities and Exchange Commission (SEC) in 2021. The SEC accused Shustek and Vestin Mortgage of defrauding...
A Chicago man arrested in 2017 for running a reverse mortgage scam was arrested after authorities discovered he was still scamming seniors. WGNTV.com reported Mark Diamond was arrested six years ago for orchestrating a reverse mortgage scam that allegedly stole $10...
The U.S. Securities and Exchange Commission (SEC) charged Matthew Motil, host of the podcast “The Cash Flow King,” with fraudulently raising approximately $11 million from more than 50 investors in a Ponzi scheme involving notes purportedly backed by residential...
Massachusetts High Court Upholds Transit-Zoning Mandate for 177 Communities
