TexasNov 4, 2024Map shows Shaya Prager’s real estate deals collapsing across USA map of Opal Holdings’ loan defaults, foreclosures and lawsuits
NationalNov 4, 2024Scam ahead: despite warnings, real estate investors keep getting sucked into Ponzi schemesA steady supply of cases plagues the industry
San FranciscoApr 19, 2024Sale of 91 San Jose condos could compensate victims of $119M fraudSEC settlement with Sanjeev Acharya and his firm SiliconSage Builders allows asset sale
Los AngelesFeb 21, 2024Real estate fraud leads to murder in South LA, prosecutors sayMan on trial allegedly warned: “You know what could happen if he talks”
Los AngelesSep 21, 2023“Their personal piggy bank”: Chinese RE firm accuses Cole Harris of siphoning millionsFormer CA Lt. Governor candidate allegedly used Chinese bank loan to fund luxurious lifestyle
Los AngelesSep 11, 2023Long Beach investor ordered to pay $4M after defrauding bedridden womanJury rules Ken Lamphear defrauded 80-year-old into signing over her house
Los AngelesAug 10, 2023Investors in Bel Air ultraluxe mansion sue developers for fraudAfter eight years, project is a construction site, while budget allegedly morphs to $60M
New YorkAug 9, 2023Brooklyn man admits to deed and mortgage fraudCrook stole titles, mortgage loans in Park Slope, Bushwick and Bed-Stuy
Los AngelesJul 27, 2023Irvine mortgage banker pleads guilty to $5M securities fraudJacques Poujade of Tri-Emerald Financial Group lied to investor about a future IPO
NationalJun 4, 2023Arciterra head accused of mismanaging investor moneyJonathan Larmore allegedly used funds for private jets, dog’s birthday party, lawsuit says
Los AngelesJan 13, 2023Top agent Chernov accused of squeezing partner out of dealStefanie Pollack alleges she was cut out of Studio City development
Los AngelesAug 22, 2022“Egregious”: Residential broker found guilty of fraudJury’s punitive award exceeds value of house in Lynwood sale
Los AngelesFeb 16, 2022Whistleblower suit based on AI accuses landlord of cheating SoCal citiesWhistleblower lawsuit alleges Invitation Homes bilked 18 cities in Southern California out of fees, property taxes
New YorkMar 4, 2021Massive Sunset Park project flounders and an EB-5 investor sues1.3M sf Eighth Avenue Center development has never gotten off the ground
New YorkJan 14, 2021Feds indict NY real estate exec in $50M fraud schemeEric Malley allegedly defrauded investors on “debt-free” Manhattan properties
Los AngelesAug 8, 2019Woodbridge’s Robert Shapiro faces 25 years in prison after pleading guilty to Ponzi schemeShapiro will be sentenced in mid-October for fraud and tax evasion charges
Los AngelesApr 11, 2019Agency broker duped Burbank homeowner into taking out commercial loan: lawsuitThe homeowner and her mother "fell into the clutches of unscrupulous predators," attorney claims
Los AngelesApr 8, 2019Real estate execs among parents pleading guilty in college admissions scandalBruce Isackson and Robert Flaxman face time in federal prison
Los AngelesFeb 4, 2019Former attorney allegedly bilked elderly people’s LA properties for yearsAngela Fawn Wallace faces 162 felony counts and 82 years in prison
Los AngelesMar 5, 2018Lawsuits claim shell companies fabricated home property deedsFirms posed as owners of distressed SoCal homes