Melville lawyer accused of stealing over $400K from real estate deal
SUFFOLK COUNTY, NY – A Long Island attorney was arrested Friday on charges that he stole more than $413,000 meant to pay off a client’s loan during a real estate closing. Prosecutors…
Maryland Man Sentenced for Real Estate Fraud in Washington D.C.
Washington, DC – Franklin A. Olaitan, a 51-year-old from Beltsville, Maryland, has been sentenced to over three years in prison for his involvement in a real estate fraud scheme. On February 16,…
Cloud Hangs Over Commercial Real Estate As Trillions In Debt Set To Come Due
Cloud Hangs Over Commercial Real Estate As Trillions In Debt Set To Come Due Will Kessler on January 17, 2024 Commercial real estate is facing a mountain of debt that many borrowers…
Ashli Babbitt’s Husband and Estate File Lawsuit Against U.S. Government Over Capitol Shooting
SAN DIEGO, CA – The husband and estate of Ashli Babbitt, who was killed during the January 6, 2021, Capitol riot, have filed a lawsuit against the U.S. government. The lawsuit argues…
Philadelphia Region Real Estate Market Sees Shift in November 2023
DEVON, PA – The latest HomExpert Report by Berkshire Hathaway HomeServices Fox & Roach, REALTORS® reveals significant changes in the Greater Philadelphia real estate market for November 2023. The report covers 12…
Riverhead Attorney Charged with Embezzlement During Real Estate Transaction
SUFFOLK COUNTY, NY – Suffolk District Attorney Raymond A. Tierney announced the arrest of Riverhead attorney Peter A. Saad, Jr., 46, on Wednesday. Saad faces charges of Grand Larceny in the Third…
Two Additional Defendants Charged in $26 Million Real Estate Scam
Two more defendants have been charged for scamming Chinese investors out of more than $26 million, announced U.S. Attorney for the Northern District of Texas Leigha Simonton. Stephen Wall, 65, and Saskya…
$6,000,000 Luxury Waterfront Estate in Brick Township Overlooks the Metedeconk River
BRICK, NJ — A three-day auction for a luxury riverfront estate on Princeton Avenue in Brick Township concluded on October 26, apparently without a sale. The property, named Princeton Shores, had been…
Remote Work Opportunities Are a Game Changer for New Jersey Real Estate Market
FREEHOLD, NJ – The shift to remote working continues to leave a significant imprint on New Jersey’s real estate market. A surge in home purchases and rentals outside traditional commercial hubs underlines…
New Jersey Real Estate Investor and Online Influencer Charged with Multimillion-Dollar Investment Fraud Scheme
NEWARK, NJ. – A New Jersey real estate investor and influencer was arrested today for committing a multimillion-dollar Ponzi-like investment fraud scheme, U.S. Attorney Philip R. Sellinger announced. Cesar Humberto Pina, 45,…
Former FBI Special Agent and D.C. Real Estate Developer Sentenced for Role in Bribery Schemes
WASHINGTON – David Paitsel, 42, a former FBI agent, and Brian Bailey, 53, a D.C. real estate developer were sentenced today on bribery and conspiracy charges…
‘A Horrible Situation’: Kevin O’Leary Predicts Commercial Real Estate Crisis
‘A Horrible Situation’: Kevin O’Leary Predicts Commercial Real Estate Crisis Harold Hutchison on September 21, 2023 “Shark Tank” star Kevin O’Leary predicted that a commercial real estate crisis caused by high interest…
Real Estate Investor Gets 2 Years for Mortgage Fraud
NEWARK, NJ – Anthony Garvin, a 53-year-old real estate investor from Jersey City, was sentenced to 24 months in prison today for his role in a home equity line of credit fraud…
Chinese Workers Haven’t Been Paid For Months As Real Estate Market Crumbles
Chinese Workers Haven’t Been Paid For Months As Real Estate Market Crumbles Will Kessler on August 23, 2023 Workers for a major Chinese developer are going without pay, and job sites are…
Brooklyn Man Admits Guilt in Real Estate Fraud Scheme
BROOKLYN, NY – District Attorney Eric Gonzalez announced on Wednesday that Derrick Johnson, a.k.a. Jay Rendell, 60, of Clinton Hill, Brooklyn, has pleaded guilty to grand larceny in relation to a deed…
Chinese Billionaire Admits To Bribing Blue City Official To Speed Up Real Estate Project
Chinese Billionaire Admits To Bribing Blue City Official To Speed Up Real Estate Project Brandon Poulter on July 20, 2023 A Chinese property tycoon admitted to bribing a California government official, the…
Mother and Daughter Ordered to Repay $681,000 to Deceased Elderly Woman’s Estate
BRONX, NY – Maria Garcia, 75, of Seffner, Florida, and Mara Garcia, 39, of Doral, Florida, were sentenced on last Monday, to five years of probation and 500 hours of community service.…
Investigators Probe Texas AG’s Multi-Million Dollar Real Estate Binge: REPORT
Investigators Probe Texas AG’s Multi-Million Dollar Real Estate Binge: REPORT Mary Lou Masters on June 29, 2023 Investigators have widened the scope of their impeachment probe into suspended Republican Attorney General Ken…
Woman Accused of Estate Sale Scams in Bethlehem Township
BETHLEHEM TOWNSHIP, PA – A Hellertown woman, Amy Lynn Richline, has been recently arraigned on multiple charges of theft and deceptive or fraudulent business practices. Bethlehem Township Police Department, in collaboration with…
Two sentenced in Atlantic City real estate fraud scam
MAYS LANDING — Two Atlantic County men have been sentenced after pleading guilty to a real estate scam involving fake deeds for properties in Atlantic City. Richard Toelk Jr., 54, also known…
Suspect Sought in Susquehanna Village Real Estate Company Burglary
PHILADELPHIA, PA – The Central Detective Division in Philadelphia is seeking the public’s assistance in identifying an individual involved in a recent burglary at Susquehanna Village Real Estate Company. On Monday, around…