A former attorney in Tacoma, Washington, pleaded guilty to wire fraud that included embezzling an elderly client’s reverse mortgage-funded trust account. According to records filed in the case, in 2010 Colby Parks became the trustee for a living trust designed to pay...
Question: How prevalent is wire fraud in today’s real estate environment? “It is more prevalent than you might imagine, and it absolutely has been getting worse,” said Tom Cronkright, co-founder and executive chairman of CertifID, an Austin-based technology platform...
Konrad Bicher, the self-proclaimed “Wolf of Airbnb,” pled guilty to wire fraud in connection with a three-year scheme for fraudulently using Manhattan apartments as short-term rentals. Starting in early 2019, Bicher and his collaborators began to rent Manhattan...