A Brooklyn real estate investor and a former New York State judge were indicted on charges of wire fraud conspiracy for running schemes that defrauded millions of dollars from investors. Sam Sprei – who is also known as “Yechiel Sprei,” “Shimon Sprei,” and “Eli...
A New Jersey couple who gained prominence as real estate influencers were indicted for allegedly running an investment scam that took investors’ money with a promise to receive high returns on Cleveland-area real estate property developments. A federal grand jury...
An Indiana man was found guilty of trying to use forged documents to sell a home he did not own. The Star Press reports 27-year-old Phoenix Mathis Hale was found guilty by a jury of fraud, attempted theft, counterfeiting and possession of meth. Hale was arrested in...
The owners of a Portland real estate investment firm received prison sentences for coordinating a $17 million multi-year fraud scheme. According to court documents, Robert D. Christensen and Anthony M. Matric told individual investors that they would use their...
A former Illinois contractor avoided prison time when a judge sentenced him to three years of supervised release, 200 hours of community service and a $9,500 fine for his role in a bank fraud scheme involving straw buyers and overvalued properties. The Belleville...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
