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Former Florida Real Estate Agent Sentenced on Firearms and Drug Trafficking Charges

Former Florida Real Estate Agent Sentenced on Firearms and Drug Trafficking Charges

by Phil Hall | Jul 24, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

A former Florida real estate agent was sentenced to nine years in federal prison for conspiracy to traffic firearms, making a materially false statement to a licensed firearms dealer, and conspiracy to distribute controlled substances, including 500 grams or more of...
Michigan Duo Sentenced in Home Theft and Bribery Scheme

Michigan Duo Sentenced in Home Theft and Bribery Scheme

by Phil Hall | Jul 6, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

An ex-director for a homeownership nonprofit and a former official in Michigan’s Wayne County who hatched a scheme to steal residential properties facing tax foreclosure were sentenced to prison. According to the court records, Zina Thomas, formerly employed as the...
Former Mayor of NJ Town Sentenced in Mortgage Fraud Case

Former Mayor of NJ Town Sentenced in Mortgage Fraud Case

by Phil Hall | Jun 8, 2026 | Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

Nathaniel Anderson, a town councilman and the former Mayor of Willingboro in Burlington County, New Jersey, was sentenced to 12 months and a one day in prison, followed by a three-year term of supervised release for committing mortgage fraud in connection with a...
Four Real Investors Sentenced for Multimillion-Dollar Loan Fraud Schemes

Four Real Investors Sentenced for Multimillion-Dollar Loan Fraud Schemes

by Phil Hall | Apr 2, 2025 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

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...
Former Real Estate Executive Sentenced for Manipulating WeWork Stock

Former Real Estate Executive Sentenced for Manipulating WeWork Stock

by Phil Hall | Mar 20, 2025 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Jonathan Lamore, a former CEO of the real estate investment and management firm Arciterra Companies LLC, was sentenced to five years in prison for manipulating the stock price of WeWork Inc. with a fake tender offer designed to fraudulently inflate the value of his...
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