The Federal Trade Commission (FTC) is distributing more than $10 million in refunds to consumers who paid for a real estate investment training program that allegedly made empty promises about earning big profits by flipping houses. The FTC and the Utah Division of...
New Jersey Attorney General Matthew J. Platkin announced the indictment of a father and son who allegedly defrauded investors and mortgage lenders of more than $2.5 million in a scam involving Jersey Shore real estate. George Bussanich Sr., 65, and his 43-year-old son...
A Chicago man arrested in 2017 for running a reverse mortgage scam was arrested after authorities discovered he was still scamming seniors. WGNTV.com reported Mark Diamond was arrested six years ago for orchestrating a reverse mortgage scam that allegedly stole $10...
A man in the Suffolk County section of New York’s Long island who falsely claimed to be a realtor was arrested for scamming people out of tens of thousands of dollars for rental properties. ABC7NY.com reported 24-year-old Christian Anderson, who also went by the alias...
A Florida man who engaged in a fraudulent mortgage audit operation is facing the prospect of up to 20 years in prison after pleading guilty to conspiracy to commit wire fraud. Brian Roy Lozito owned and managed American Investigative Services (AIS), which targeted...
Barings Buys $66.2 Million Orange County Retail Center as Grocery-Anchored …
