Los Angeles
Last defendants in $1B real estate Ponzi scheme plead guilty
Over five years, beginning in 2012, Sherman Oaks-based luxury real estate developer Robert Shapiro orchestrated a Ponzi scheme that...
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Los Angeles
Owlwood Estate, owned by famous and notorious, sells for $88M
A Holmby Hills estate that asked $180 million when Ponzi schemer Robert Shapiro owned it has sold for about...
Los Angeles
Beverly Hills properties once owned by convicted RE Ponzi schemer Shapiro sell for $69M
Five Southern California properties once owned by convicted real estate Ponzi schemer Robert Shapiro have sold for a total...
National
Robert Shapiro is not alone: 5 real estate Ponzi schemes you should know about
On October 15, developer Robert Shapiro—who pleaded guilty in August for leading a $1.3 billion real estate Ponzi scheme—received...
Los Angeles
Robert Shapiro gets 25 years in prison for massive Ponzi scheme
UPDATED, Oct. 15, 11:04 a.m.: When developer Robert Shapiro pleaded guilty in August to leading a $1.3 billion real...
Los Angeles
Comerica Bank turned “blind eye” to Woodbridge’s $1B Ponzi scheme: lawsuit
The $1.2 billion Ponzi scheme that federal authorities charged luxury developer Woodbridge Group of Companies with running has spawned...
Los Angeles
Woodbridge’s Robert Shapiro set to pay $120M to SEC
Robert Shapiro, an alleged mastermind behind a $1.2 billion Ponzi scheme, has agreed to pay $120 million to the...
Los Angeles
Buzz cut: Embattled developer relists this LA mansion with $65M price chop
Embattled developer Robert Shapiro has relisted the famed Owlwood Estate in Holmby Hills, after having taken a chainsaw to...
Los Angeles roundup: Robert Shapiro’s Woodbridge files for bankruptcy, Disney to lease Fox’s Century City site & more
From the January issue: Inside Woodbridge and Mercer Vine Robert Shapiro, the chief of embattled real estate investment firm Woodbridge Group of Companies, has resigned from...
SEC sues Robert Shapiro for allegedly masterminding $1B Ponzi scheme
From TRD LA: The Securities and Exchange Commission is suing Robert Shapiro, the former head of embattled Woodbridge Group of...