ponzi scheme

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Behind Bars: Bar Works co-conspirator James Moore convicted of wire fraud

by Kevin Sun | June 13, 2019 10:15AM

The federal investigation into fraudulent co-working Ponzi scheme Bar Works has now landed its first conviction. Federal prosecutors announced...

Luxury home developer arrested on federal charges over $1.3B Ponzi scheme

by Eddie Small | April 12, 2019 12:10PM

TRD LOS ANGELES

A former luxury real estate developer in Los Angeles was arrested on federal charges, accused of deceiving thousands of...

Westchester & Fairfield Cheat Sheet: White Plains developer heads to prison, Marc Jacobs buys in Rye, Tommy Mottola sells in Greenwich… & more

by Maya Rajamani | April 11, 2019 05:15PM

TRD TRI-STATE

Developer gets 6 years in prison for $58M Ponzi scheme A White Plains developer who pleaded guilty to defrauding investors at projects in Westchester, Manhattan...

Developer behind $58M Ponzi scheme gets 6 years in prison

by Eddie Small | April 05, 2019 02:00PM

TRD TRI-STATE

Westchester developer Michael D’Alessio was sentenced to six years in prison on Friday morning after pleading guilty in November...

Developer behind $58M Ponzi scheme sells Manhattan properties at auction

by Will Parker | February 06, 2019 02:00PM

Westchester developer Michael D’Alessio, who pleaded guilty to fraud charges in November, sold multiple development projects at bankruptcy auctions...

TRD wins New York Press Club award

May 11, 2018 03:00PM

The Real Deal won an award from the New York Press Club for best crime reporting in the magazine category for senior reporter Konrad Putzier’s coverage of Bar Works, the organization announced this week....

Bar Works mastermind Renwick Haddow extradited to US

April 13, 2018 04:25PM

Renwick Haddow, the mastermind behind the alleged co-working Ponzi scheme Bar Works, has been extradited to the U.S., federal...

National Cheat Sheet: San Francisco’s luxury homes are selling faster than those in any other US market … & more

by Aidan Gardiner | April 13, 2018 12:18PM

The best and worst markets in which to sell a luxury home in US The city by the bay has quickest luxury home sales...

Rapid Realty hit with racketeering lawsuit from franchisee lender

by Rich Bockmann | April 09, 2018 04:20PM

Amid an ongoing revolt among franchise owners, Rapid Realty is facing a new set of charges that its business...

Bar Works founder Renwick Haddow agrees to extradition: SEC

by Konrad Putzier | December 21, 2017 09:30AM

Renwick Haddow is still sitting in a Moroccan jail, but possibly not for much longer. The Bar Works founder...