Live Breaking News & Updates on Real estate fraud

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Real Estate Scams Are On The Rise. Here's What You Need To Know

Several types of real estate scams are on the rise and even the savviest homeowners should be on alert. Here's what you need to know to stay safe.

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Santa Barbara Real Estate Broker sentenced for embezzlement, faces $2 million in fines

District Attorney John T. Savrnoch's office announced this morning Real Estate Broker Adam Michael Pirozzi, 42, of Santa Barbara County has been sentenced to five years of probation and 30 days in jail for embezzlement. He will also have to pay a $1,065,000 fine, on top of a court-ordered $1,275,388.73 in victim restitution.

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Helpful Tips For How To Better Protect Yourself From Real Estate Fraud

A recent report from CertifID, a company that provides security solutions for the banking industry, found that one out of every three real estate transactions may be targeted for some form of real estate fraud. The rising tide of real estate fraud affects purchases and sales in real estate rental markets. Benzinga looks at the issue and gives you some tips that may help you avoid becoming a victim. Phishing Scams And Wire Fraud In Real Estate Purchase And Sale Transactions Phishing, where a frau

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Real Estate Broker Convicted of Embezzlement in Santa Barbara

Real Estate Broker Convicted of Embezzlement in Santa Barbara
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