A former government official in Newark, New Jersey, admitted to his role in a bribery conspiracy where he rewarded local business owners with the acquisition and redevelopment of city-owned properties after receiving cash and gifts. Carmelo G. Garcia served as deputy...
The former president of an Illinois bank has acknowledged his involvement in a scheme to falsify bank records to enable real estate loans. Steven Cook pleaded guilty in U.S. District Court in Benton to three felony counts of aiding and abetting the making of a false...
A Brooklyn woman who ran a real estate Ponzi scheme that stole $959,000 from nine victim received a prison sentence of three-and-a-half to seven years. Regine Norman, also known as Regine Ellis, falsely promoted herself as a member of NY Private Auction Inc., which...
A lawsuit brought by the Federal Trade Commission (FTC) has shut down Ganadores Online and Ganadores Inversiones Bienes RaÃces, a scam targeting Spanish-speaking consumers with fraudulent money-making pitches for online businesses and real estate investments. The FTC...
A Florida real estate fraudster who stole a residential property by using a phony charity and then tried to hire a hitman to kill the property’s owners was sentenced to 17 years and six months in federal prison for murder for hire and obstruction of justice. Alexander...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
