Fraud

Prominent NYC Real Estate Developer Charged in $86M Fraud Scheme

Published by FOX Business | February 8, 2024 The case stems from a failed luxury condo project called ‘The XI’ and 34-story office skyscraper dubbed ’29th & 5th’ A once high-flying New York real estate developer and several other industry executive bigwigs have been indicted for stealing more than $86 million from investors and subcontractors through …

Prominent NYC Real Estate Developer Charged in $86M Fraud Scheme Read More »

Real Estate Fraud Risk is on The Rise, and Victims Are Sounding The Alarm

Published by FOX Business | February 6, 2024 Real estate wire fraud is surging, and victims are calling for awareness and recourse as cybercriminals become increasingly cunning. Purchasing a home is an exciting milestone in a person’s life, but criminals are increasingly exploiting such transactions through real estate fraud, robbing victims who are often left with little …

Real Estate Fraud Risk is on The Rise, and Victims Are Sounding The Alarm Read More »

Grant Cardone Faces Class Action Lawsuit For Over Inflating Potential Returns

Published by BiggerPockets.com | September 11, 2023 Entrepreneur, author, and real estate investor Grant Cardone is facing legal trouble related to his social media marketing tactics, which has implications for other syndicators who double as social media influencers. A class action lawsuit filed in Los Angeles Federal Court alleges that Cardone, who showcases his lavish …

Grant Cardone Faces Class Action Lawsuit For Over Inflating Potential Returns Read More »

The Ugly Truth Behind “We Buy Ugly Houses”

Published by ProPublica | May 11, 2023 HomeVestors of America, the self-proclaimed “largest homebuyer in the U.S.,” trains its nearly 1,150 franchisees to zero in on homeowners’ desperation. HomeVestors of America boasts that it helped pioneer the real estate investment industry. Founded in 1996 by a Texas real estate broker, the company has developed a …

The Ugly Truth Behind “We Buy Ugly Houses” Read More »

Landlord Reveals Secret to Removing Squatters Without Expensive Legal Battles

Published by FOX Business | May 5, 2023 Florida landlord shares little-known method that allows police to remove squatters A real estate investor who was recently the victim of squatters is using his experience to help other landlords avoid court through a little-known Florida statute. After recruiting a local news station to cover his situation …

Landlord Reveals Secret to Removing Squatters Without Expensive Legal Battles Read More »

Phishing Scams Are ‘Tip of the Spear’ for Cyber Threats

Published by REALTOR Magazine | April 6, 2023 Scammers often use fake emails and other phishing exploits to launch larger attacks like ransomware. Familiarize yourself with the warning signs. In real estate, millions of dollars can change hands in a single transaction, making the industry an attractive target for phishing attacks. This is a type …

Phishing Scams Are ‘Tip of the Spear’ for Cyber Threats Read More »

Elderly New York Woman Loses Home Title After Neighbor Allegedly Forges Phony Deed

Published by FOX News | April 10, 2023 A 78-year-old Long Island woman was shocked after receiving a letter from the Nassau County clerk informing her she no longer legally owns her home. A woman on Long Island was arrested after investigators say she forged deed documentation on her elderly neighbor’s home, becoming the legal owner of …

Elderly New York Woman Loses Home Title After Neighbor Allegedly Forges Phony Deed Read More »

Fannie Mae: Growing List of Fake Employers Showing up on Mortgages

Published by Housing Wire | January 29, 2020 Fannie Mae’s bulletin also provides several examples of fraudulent activity that lenders should be on the lookout for. Back in 2018, Fannie Mae issued a warning to lenders after identifying more than 30 apparently fake companies that were appearing on borrowers’ mortgage documentation as their place of employment. There …

Fannie Mae: Growing List of Fake Employers Showing up on Mortgages Read More »

Powered by WishList Member - Membership Software

Scroll to Top
Malcare WordPress Security