Tax evasion is one of the many complex economical and social phenomena of maximum importance which today's states are confronting with and which unwanted consequences are struggling to limit as much as possible, eradication being virtually impossible. The state must deal systematically and efficien...
Real estate is an area that is regulated particularly heavily, tied up in legal procedures and requirements in order to protect these large transactions against fraud and error. The real estate sphere is deeply connected to the economy at large, and the consequences of real estate scams can have...
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Izsak was a licensed real estate professional and the sole proprietor of Skokie, Illinois basedPremier Assets Inc.andPremier Properties Enterprises, Inc.From 2005 to 2018, Izsak engaged in a scheme to defraud financial institutions by obtaining residential loans through false statements, concealing other...
week after our story entitled “Illegal California Real Estate Fees Costing Consumers” posted. One of the biggest questions everyone has is this: How do you know—or where do you find out—if you’ve either paid too much in real estate fees, or worse, have been charged a fee illegally?
resulting in $350 million of financial losses. Property title fraud was just one of these crimes. This scam happens when a fraudster steals your personal information and transfers the deeds of one of your real estate assets into their name. Then, they might sell your property or use...
But Robillard also sees ample room for improvement in all the parties involved: Her real estate agent should've explained that wire directions would be coming directly from the title company; the banks should've verified that the receiving account was that of a genuine title company and not a...
U.S. FORECLOSURE ACTIVITY INCREASES MONTHLY IN FEBRUARY 2025 03/12/2025 IRVINE, Calif., March 11, 2025 /PRNewswire/ -- ATTOM, a leading curator of land, property data, and real estate analytics, today released its February 2025 U.S. Foreclosure Market Report, which shows there were a ...
Evergrande Real Estate Group inflated business revenues and profits in 2019 and 2020 during its issuance of corporate bonds, the CSRC said. The commission also found that Evergrande released false information in its annual reports and failed to...
Appraisal fraud often involves a real estate agent, builder, appraiser, and loan officer working together to maximize a purchase price and loan amount in order to increase their commissions. On the other hand, corrupt appraisers will often undervalue a property to ensure that a fellow investor wil...