District of Columbia Attorney General Brian L. Schwalb has filed a civil lawsuit against a family of landlords, claiming they are operating a “slumlord empire” built on a Ponzi scheme foundation. Schwalb cited Ali “Sam” Razjooyan, his brother Eimon “Ray” Razjooyan,...
A California real estate investor pleaded guilty to wire fraud in connection with a $9 million fraud scheme. According to court documents, Matthew Campbell of Fresno operated two real estate investment companies, Preferred Property LLC and Ampez Rehab Investments LLC,...
The Securities and Exchange Commission (SEC) charged David J. Bradford, former chief operating officer of Drive Planning LLC, and Gerardo L. Linarducci, former managing partner of Drive Planning and head of its Indiana branch office, for their roles in an alleged $300...
A former Calgary realtor who acknowledged running a Ponzi scheme that defrauded dozens of people out of more than $3.5 million has been banned for life from working in Alberta’s real estate industry. The Calgary Herald reports Eric Drinkwater received his permanent...
A social media influencer who provided financial advice to over a million followers has pleaded guilty to wire fraud and aiding in a false tax filing in connection to defrauding investors out of more than $11 million. Tyler Bossetti, of Columbus, Ohio, Bossetti used...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
