Four real estate investors were sentenced for coordinating a multi-year conspiracy that fraudulently obtained multimillion-dollar loans on commercial and multifamily properties. Aron Puretz and his son, Chaim “Eli” Puretz, both of New Jersey, were sentenced to prison...
Three real estate investors pleaded guilty for their roles in a multi-year conspiracy to fraudulently obtain a $74 million loan and a $45 million loan and to fraudulently acquire multifamily properties. Fredrick Schulman, 72, of New York, and Chaim “Eli” Puretz, 29,...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
