A real estate fraudster who swindled investors out of more than $650 million and then evaded a federal arrest warrant has been added to the FBI’s Most Wanted List. Rey E. Grabato II ran National Realty Investment Advisors (NRIA) LLC, a company that defrauded...
Salome Jackson, who gained prominence as Betty Idol on the reality television series “Love & Hip-Hop” and “Cartel Crew,” was arrested for her role in an alleged real estate fraud scheme in Florida. WFTV reports Jackson’s arrest followed an 11-month investigation...
A pair of Mexican nationals who were arrested last November for fraudulently selling San Diego properties they did not own have pleaded guilty to federal charges of bank fraud and bank fraud conspiracy. According to the charges brought against them, Victor Hugo...
Four men were arrested for their alleged roles in a Montreal massive real estate fraud scheme that siphoned more than $4.5 million from unsuspecting homebuyers. The suspects allegedly targeted financially vulnerable homeowners by posting online advertisements that...
A “pied-à-terre tax” aimed at New York City’s wealthiest property owners, the Wall Street Journal slams home builders, and a Massachusetts town rejects a 50% property tax hike. From the wild and wooly world of real estate, here are our Hits and Misses for the week of...