David Saks' Blog

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David Saks is a musician, retired real estate broker, and long-time ActiveRain member. David's blog features important information relevant to the safety, integrity and security of the industry. In addition to his widely read real estate fraud blog, a comprehensive overview of real estate continuing education is a weekly addition for his subscribers and the ActiveRain community at-large. Thank you for subscribing to and for visiting David's ActiveRain home on the internet. Please join. Membership in ActiveRain will enrich your life !

ARCHIVED BLOG POSTS

2012 

Here's a great late nite flick for you:The Day the Earth Stood StillIt means more now than it did 60 years ago.Enjoy....  
10/19/2012
  Former Business Executive Sentenced to 87 Months in Prison in Bribery and Kickback Scheme Defendant Stole More Than $9 Million Through False Invoices to the U.S. Army Corps of Engineers; Two Others Sentenced This Week U.S. Attorney’s Office October 18, 2012 District of Columbia (202) 514-7566  ...
10/19/2012
Husband and Wife Plead Guilty to Wire Fraud Part of Ongoing Crestwood Mortgage Fraud U.S. Attorney’s Office October 18, 2012 District of Idaho (208) 334-1211   BOISE—Aaron Michael Hymas, 38, and Tiffany Kim Hymas, 37, former Treasure Valley residents now living in Bountiful, Utah, pled guilty to...
10/19/2012
West Sacramento Man to be Sentenced for Mortgage Fraud U.S. Attorney’s Office October 18, 2012 Eastern District of California (916) 554-2700   SACRAMENTO, CA—Sean McClendon, 46, of West Sacramento, pleaded guilty today to mortgage fraud charges arising from home sales in the Sacramento area, Uni...
10/19/2012
Former Mountain View Businessmen Sentenced in Real Estate Investment Fraud Case U.S. Attorney’s Office October 17, 2012 Northern District of California (415) 436-7200   SAN FRANCISCO—Edward G. Locker was sentenced this week to 30 months in prison for his role in a real estate investment fraud sc...
10/18/2012
Broward Man Sentenced for His Participation in Versailles Mortgage Fraud Scheme More Than 30 Defendants Have Been Sentenced in the Past Five Years in Connection with Mortgage Fraud Schemes at Versailles Development U.S. Attorney’s Office October 17, 2012 Southern District of Florida (313) 226-91...
10/17/2012
FBI Announces Launch of Safe Online Surfing Internet Challenge Teaches Students to Safely Surf Web Waters FBI Knoxville October 16, 2012 Supervisory Special Agent Marshall Stone (865) 544-0751   Teachers and students, are you ready for an exciting opportunity to participate in the Safe Online Su...
10/16/2012
Former Attorney Pleads Guilty to $7 Million Ponzi Scheme U.S. Attorney’s Office October 15, 2012 Southern District of Texas (713) 567-9000   Billy Frank Davis, aka Bill F. Davis, a former attorney residing in Houston, has pleaded guilty to one count of wire fraud in connection with his investmen...
10/15/2012
San Fernando Valley Woman Agrees to Plead Guilty in Multi-Million-Dollar Real Estate Ponzi Scheme U.S. Attorney’s Office October 15, 2012 Central District of California (213) 894-2434   LOS ANGELES—A San Fernando Valley real estate agent and self-described real estate investor has agreed to plea...
10/15/2012
Manhattan U.S. Attorney and FBI Acting Assistant Director in Charge Announce Arrest of Long Island Businessman for Allegedly Defrauding Broadway Producers of ‘Rebecca—The Musical’ Defendant Also Charged with a $750,000 Real Estate Fraud Scheme U.S. Attorney’s Office October 15, 2012 Southern Dis...
10/15/2012
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David Saks

Broker / Industry Analyst
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Most real estate fraud-related articles and Department of Justice Press Releases published here are taken from the public record, which normally include press releases and court documents related to each entry and case. Any other type of record, i.e. newspaper reports, are only published after consent has been obtained from the original publisher.
Nothing will be published that has not been verified via the public record or consent provided.
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