Tag

Real Estate Fraud

All articles tagged with #real estate fraud

local-news1 year ago•4 min saved

Scammers in New Hampshire Cause Property Loss for Hundreds

Between 2019 and 2023, over $4 million was lost by New Hampshire homeowners due to quit claim deed fraud, where scammers forge documents to transfer property ownership without the owners' knowledge. The FBI warns that vulnerable properties include vacant land, vacation homes, and out-of-state properties, with scammers impersonating owners and exploiting remote closings. Homeowners are advised to secure title insurance, monitor property titles, and regularly check on vacant properties to prevent falling victim to these scams.

via Yahoo|

#homeowner-protection #local-news #new-hampshire

real-estate-fraud2 years ago•4 min saved

"Rising Real Estate Fraud Threat: Educating Consumers for Mitigation"

Real estate fraud, particularly wire fraud, is on the rise, with 1 in 20 Americans falling victim to scams resulting in median consumer losses exceeding $70,000. Cybercriminals are becoming increasingly skilled at exploiting public records, breaching broker and title agency systems, and posing as legitimate contacts to steal funds. Victims are calling for awareness and recourse, emphasizing the need for heightened vigilance and education throughout real estate transactions to prevent further financial losses.

via Fox Business|

#cybercrime #real-estate-fraud #scams

politics2 years ago•1 min saved

"Trump's Legal Battles: The Verdict on His Empire and Allegations"

Former President Donald Trump faces a crucial week as he awaits a judgment in a civil fraud case that could result in $370 million in penalties and jeopardize his real estate empire. The New York state court decision comes after a jury ordered him to pay $83.3 million in damages to columnist E. Jean Carroll for defamation. The case, filed by New York Attorney General Letitia James, alleges that Trump and his associates falsely inflated his wealth through massive fraud involving the Trump Organization. Trump has responded by lashing out on social media, claiming the case is targeting his reelection campaign, as he faces multiple legal challenges.

via USA TODAY|

#civil-fraud-case #donald-trump #new-york-attorney-general

politics2 years ago•4 min saved

Miami City Hall Erupts in Chaos: Council Members Exchange Insults, Commissioners Nearly Brawl

Two Miami council members nearly brawled during a city commission meeting over a vote to extend the city attorney's contract, with heated exchanges including accusations of lying and name-calling. The decision to extend the contract came after the attorney and her husband were sued for alleged real estate fraud, involving claims of profiting from properties belonging to vulnerable individuals. The altercation ended the meeting abruptly, with one commissioner voting for the extension and two others expressing their desire for the attorney to resign immediately.

via Daily Mail|

#altercation #city-council #contract-extension

crime2 years ago•2 min saved

DJ Envy's Alleged Real Estate Fraud Exposed: Implications for Charlamagne Tha God and iHeart Offices

Cesar Pina, a frequent guest on DJ Envy's radio show "The Breakfast Club," has been arrested for allegedly running a real estate Ponzi scheme. Pina and Envy operated a company that conducted real estate seminars, with Pina using his celebrity status to gain the trust of potential victims. He is accused of defrauding dozens of investors by soliciting investments in properties he didn't own and offering the same properties to multiple investors. Envy has not been charged, but some victims claim his celebrity influenced them. Pina has pleaded not guilty to wire fraud charges and could face up to 20 years in prison if convicted.

via USA TODAY|

#cesar-pina #crime #dj-envy

crime2 years ago•4 min saved

DJ Envy's Wife Takes Charge: FEDS Raid Job, Arrest of Alleged Business Partner in Real Estate Scheme

DJ Envy's alleged business partner, Cesar Pina, was arrested on federal charges for running a real estate fraud scheme. Envy has been accused by victims of being an accomplice in a Ponzi scheme orchestrated by Pina and his wife Jennifer. Envy denies any involvement and claims ignorance of any malpractice. Fans speculate that Envy's career may be in jeopardy, and his wife has reportedly removed posts featuring luxury designer items. If convicted, Pina faces up to 20 years in prison.

via Yahoo! Voices|

#arrest #crime #dj-envy