Friends and Family Fraud: LLC Does It Tuesday, May 11, 2021
On Wednesday, May 5, 2021, the U.S. Securities and Exchange Commission (“SEC”) instituted an administrative proceeding under Rule 102(e) of the SEC Rules of Practice against Seth P. Levine, Esq., a 52-year-old New Jersey attorney (also admitted in New York) residing in Teaneck, Bergen County, New Jersey, regarding charges of fraud through his LLC. Levine consented to the SEC action and agreed to be suspended from appearing as an attorney before the SEC. This administrative action followed on the heels of two separate judicial proceedings in the United States District Court for the District of New Jersey: on March 18, 2021, Levine consented to the entry of a judgment of liability for committing securities fraud in a civil case brought by the SEC; and on the same date, he pled guilty to two-count information for committing bank fraud and securities fraud in a case prosecuted by the Acting U.S. Attorney for
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Portland’s median home price jumps $8,900 in a month as rock-bottom inventory remains
Updated 8:07 AM;
Today 8:00 AM
8712 N. Druid Ave. in Portland s Portsmouth neighborhood is listed at $489,900, which is close to the median sale price in March.Erin Middleton/Keller Williams PDX Central
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Beleaguered home buyers saw one factor in their favor in March as the number of Portland metro residential properties introduced to the market were 40.1% higher than the month before, according to the latest Regional Multiple Listing Service (RMLS) report.
But an increase in homes under contract and closed sales actually decreased the supply of homes for sale. For the second time in four months, inventory was the lowest ever reported in the 30-year history of the RMLS.