real estate scams
State Senate OKs bill to fund real estate fraud units
Posted May 9th, 2008 by AdminA proliferation of real estate scams prompts measure that would allow counties to raise fees to fund inquiries. Alarmed that real estate fraud is contributing to California's mortgage foreclosure crisis, the state Senate voted Thursday to allow counties to increase fees for filing property purchase documents to beef up fraud investigation units.
Ex-Club Owner Pleads Guilty in Mortgage Scams
Posted May 2nd, 2008 by California Home LoanThe former owner of a string of Washington area nightclubs and restaurants pleaded guilty yesterday to federal mail fraud and false-testimony charges relating to a series of real estate scams that netted him more than $3.8 million.
Sacramento area sees rebirth of 1990s realty scams
Posted March 28th, 2008 by CaliforniaHomeL...A host of real estate scams popular during the 1990s housing downturn are back this year and snaring unsuspecting homeowners and renters, say law enforcement and real estate officials.