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  2. Lexington attorney found guilty of defrauding $2M from ...

    www.aol.com/news/lexington-attorney-found-guilty...

    A Lexington lawyer faces prison time for defrauding his clients of $2 million by concealing information about real estate properties he was encouraging them to invest in.

  3. A New Scam Is In Town, Title Fraud, And Real Estate Pros ...

    www.aol.com/protect-experts-list-3-ways...

    FBI’s 2023 Internet Crime Complaint Center (IC3) report revealed there were 9,521 real estate-based fraud complaints in 2023, which resulted in over $145 million in losses. The fraudsters wisely ...

  4. How to protect yourself from real estate wire fraud - AOL

    www.aol.com/finance/everything-moment-gone-west...

    A dream home became a nightmare when Raegan Bartlo and her husband lost $255K to real estate wire fraud. Learn how this elaborate scam works — and how to spot the signs you're about to be their ...

  5. Equity stripping - Wikipedia

    en.wikipedia.org/wiki/Equity_stripping

    In an equity stripping scheme an investor buys the property from a homeowner facing foreclosure and agrees to lease the home to the homeowner who may remain in the home as a tenant. Often, these transactions take advantage of uninformed, low-income homeowners; because of the complexity of the transaction, victims are often unaware that they are ...

  6. Foreclosure rescue scheme - Wikipedia

    en.wikipedia.org/wiki/Foreclosure_rescue_scheme

    Equity stripping or equity skimming is a variation on lease-buyback and is one of the most common types of foreclosure rescue schemes. [4] In it, the perpetrator assumes ownership of the house while allowing the former owner to continue living there, provided that s/he pay rent to the perpetrator, who is the new owner.

  7. List of scams - Wikipedia

    en.wikipedia.org/wiki/List_of_scams

    Get-rich-quick schemes are extremely varied; these include fake franchises, real estate "sure things", get-rich-quick books, wealth-building seminars, self-help gurus, sure-fire inventions, useless products, chain letters, fortune tellers, quack doctors, miracle pharmaceuticals, foreign exchange fraud, Nigerian money scams, fraudulent treasure hunts, and charms and talismans.

  8. FCC warns of 50-state scam by fraudsters posing as mortgage ...

    www.aol.com/fcc-warns-50-state-scam-221235739.html

    Homeowners across the U.S. are being targeted in a sophisticated scam in which callers pose as mortgage lenders to defraud people out of hundreds of thousands of dollars, ...

  9. William J. McCorkle - Wikipedia

    en.wikipedia.org/wiki/William_J._McCorkle

    William Joseph McCorkle (born 1966 in San Antonio, Texas) is an American businessman, former real estate guru and former owner of William McCorkle Seminars.In the 1990s he and his wife Chantal created a number of late-night television infomercials, selling materials which purported to teach people how to make money buying foreclosed real estate properties.