Investments

Useful Resource: Questions to Ask Real Estate Loan Services to Avoid Scams

March 9, 2015
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Among other useful resources provided by the California Bureau of Real Estate is a consumer alert called Suggested Questions for Consumers to Ask of Those who Offer Real Estate and Home Loan Services: Helping You Avoid Becoming a Scam Victim.  Among the questions that the BRE suggests are […]

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Real Estate Investors Plead Guilty to Bid Rigging and Fraud at Public Foreclosure Auctions

February 10, 2015
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Late last month, the DOJ issued a press release announcing guilty please of two Georgia men for bid rigging in real estate auctions.  According to court documents, Mohammad Adeel Yoonas and Kevin Shin and several co-conspirators worked together by not bidding against each other and, instead, designating […]

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Feds and 19 States Obtain $1.375 Billion Settlement with S&P

February 7, 2015
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Resolving allegations that S&P had engaged in a scheme to defraud investors in real-estate focused financial products, Eric Holder announced a $1.375 billion settlement between Standard & Poor and the DOJ and 19 states. This settlement is among other civil and criminal prosecutions the […]

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Feds Prosecuting Market Manipulation Via “Layering” or “Spoofing”

February 1, 2015
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Last month, the Department of Justice issued a press release announcing its first prosecution of “Layering,” also known as “spoofing.” According to the press release:

Layering, also known as “spoofing,” is a form of manipulative, high-speed stock trading in which a trader places non-bona fide orders […]

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