Industry News

Real estate fraud ‘Robin Hood’ heads to prison

Broker gave fees, commissions to needy
Published on Jul 19, 2005

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by CareyBot

Calling Patrick Balf of Allentown, Pa., a variation on the Robin Hood theme, U.S. District Judge Eduardo Robreno nevertheless sentenced Balf to five years in prison Friday, media reports said. Balf, 52, must also pay $2 million in restitution, the ...