The charges are related to the pandemic-era Paycheck Protection Program
The scheme targeted investors in the US, Asia, Latin America, Europe and the Middle East
Lawyer Peter Giattino is facing felony charges for allegedly stealing $750K from a real estate client. He's accused of spending the funds on gambling and other personal expenses
Brooklyn investor Sanford Solny is facing up to 7 years in prison for defrauding 11 homeowners of the deed to their homes. Deed fraud is rising across the US, leading the FBI to issue warnings
Real estate developers Cody Holmes and Steven Taylor have been accused of defrauding a program that funds affordable housing projects and are now facing decades in federal prison
A New York State real estate fraud ring that purchased more than 700 properties in Baltimore has defaulted on $100M in loans, leading to hundreds of foreclosures in majority Black neighborhoods
Former Success! Real Estate broker-owner Stephen D. Webster has been indicted for allegedly embezzling $11.6M. Nearly $500K was in unpaid commissions to agents
Applying smart security protocols throughout every transaction is an essential part of your role as a real estate agent, new Inman contributor Samantha Simpson writes
Luke Babich outlines ways to develop and maintain a strong title company relationship to prevent any snags in your next real estate transaction
In the new box-office blockbuster and past live-action iterations, the Man of Steel’s arch nemesis has always been bent on global land grabs
Bert Whalen was ordered to serve over 3 years in prison for his role in a scheme to sell hundreds of dilapidated homes to rookie investors, working at times with a former host of Fox & Friends
While many brokerages, banks and title companies offer very secure solutions, many still do not. The loss of funds due to fraud remains a major industry issue, to the tune of close to $3B in 2023
Order Insights helped protect over 130K files in November by validating transaction data, notifying title agents of discrepancies and identifying other potential fraud indicators
Apparent scammers attempted to use a video generated using artificial intelligence to carry out the sale of a plot of land before the fraud was uncovered at the closing
Find out how to lead with safety in every transaction and protect buyers, sellers, FSBOs and yourself from crime with security specialist Tracey Hawkins