Long Island attorney accused of gambling away $750K earmarked for his client’s home purchase

Lawyer Peter Giattino is facing felony charges for allegedly stealing $750,000 from a real estate client. He’s accused of spending the funds on gambling and other personal expenses. Continue reading

‘He didn’t even say he was sorry’: Brooklyn investor gets prison time for 12-year deed fraud scheme

Brooklyn investor Sanford Solny is facing up to seven years in prison for defrauding 11 homeowners of the deed to their homes. Deed fraud is rising across the U.S., leading the FBI to issue warnings. Continue reading

Feds bust real estate execs in $25.9M scheme against homeless

Real estate developers Cody Holmes and Steven Taylor have been accused of defrauding a program that funds affordable housing projects and are now facing decades in federal prison. Continue reading

$100M fraud ring busted, hundreds displaced by foreclosures

A New York State investor group is at the center of a burgeoning foreclosure crisis in Baltimore, according to an investigative report from “The Baltimore Banner.” Continue reading

Massachusetts broker arrested, accused of embezzling $11.6M

Massachusetts broker Stephen D. Webster has been indicted for allegedly stealing $11.6 million from consumers and agents by diverting escrow funds into his business and personal accounts. Continue reading

How scammers push your pressure points to steal your clients’ cash

Applying smart security protocols throughout every transaction is an essential part of your role as a real estate agent, new Inman contributor Samantha Simpson writes. Continue reading

How real estate agents can prevent title issues from derailing a deal

Luke Babich outlines ways to develop and maintain a strong title company relationship to prevent any snags in your next real estate transaction. Continue reading

As it turns out, ‘Superman’ has always been a real estate movie

In the new box-office blockbuster and past live-action iterations, the Man of Steel’s arch nemesis has always been bent on global land grabs. Continue reading

Investor who worked with Fox & Friends host sentenced for fraud

Bert Whalen was ordered to serve over 3 years in prison for his role in a scheme to sell hundreds of dilapidated homes to rookie investors, working at times with a former host of Fox & Friends. Continue reading

With fraud ever-prominent, Closinglock secures $34M Series B

Closinglock, a software company in the fraud prevention space, has closed on a round of Series B funding of $34 million. Continue reading