Mar 12th 2012 4:04PM
With a burgeoning "sharing economy" and the growing amount of trust in peer-to-peer marketplaces like Craigslist, consumers have become increasingly comfortable with online transactions. These days, it's no exaggeration to say that people are willing to look for almost anything online. Whether it's finding a roommate, a... Continue Reading »
Sep 26th 2011 11:10AM
The calls started last November. Speaking in Spanish, a representative from New Century Solutions in Lake Forest, Calif., pitched Jose Chirino to purchase a forensic loan audit. For $2,995, the representative said, an audit could help the San Jose, Calif., homeowner get a much-desired loan modification and principal... Continue Reading »
Aug 12th 2010 5:07PM
Like an Orthodox Jewish Bernie Madoff, Eliyahu Weinstein allegedly bilked members of the religious sect out of $200 million. Presenting himself as a real estate investor from New Jersey, Weinstein met with investors from New Jersey, New York, Florida and California, through the close-knit Orthodox community. He allegedly... Continue Reading »
Jul 21st 2010 10:33AM
It's a nagging question that often pops up during a property hunt. Is your real estate agent lying to you? You may look him in the eye and ask straight-out if there are any other offers, or if the basement has ever flooded, or how long the house has been on the market. But how do you know if he's telling the truth? It's... Continue Reading »
Jul 16th 2010 1:55PM
The honeymoon is over for a Long Beach, Calif., man who was sentenced to jail time this week for defrauding investors in a real estate Ponzi scheme. Between 2003 and 2006, Jon Weldon James, 33, defrauded 50 investors, taking more than $33 million via phony investments. Instead of investing in real estate as he promised,... Continue Reading »
