A New York City real estate developer has entered into a $272 million settlement with the Securities and Exchange Commission (SEC) over accusations that he defrauded Chinese EB-5 investors. The federal EB-5 federal program enables foreign investors to obtain a U.S....
RedSwan CRE, a Houston-based blockchain-based marketplace focused on tokenized commercial real estate, announced that its subsidiary RedSwan Markets has received FINRA approval for U.S. Securities and Exchange Commission broker-dealer membership. According to the...
Michael V. Shustek, CEO of Las Vegas-based Vestin Mortgage LLC, has announced the resolution of a civil case brought against him and his company by the U.S. Securities and Exchange Commission (SEC) in 2021. The SEC accused Shustek and Vestin Mortgage of defrauding...
The U.S. Securities and Exchange Commission (SEC) charged Matthew Motil, host of the podcast “The Cash Flow King,” with fraudulently raising approximately $11 million from more than 50 investors in a Ponzi scheme involving notes purportedly backed by residential...
The U.S. Securities and Exchange Commission (SEC) has announced a $100,000 settlement against Mortgage Industry Advisory Corp. (MIAC) over compliance irregularities dating back 17 years. According to the SEC, the New York City-based registered investment adviser...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
