Real Estate Fraud Cases Rise
March 9th, 2009 B. Slade
There have been a rash of recent high-profile cases on the headlines, one of which is the “Metro Dream Home Program” which was found to have defrauded over a thousand people over several years worth $70 million dollars. The four people convicted of the fraudulent activities took on investors who gave in their hard-earned cash in return for investment opportunities and homes which their investments were to finance. They instead went into their pockets, fueling their lavish lifestyles, covering their tracks with donations to charity that seemed to throw off suspicions during the prime of their activities. Read the rest of this entry »