David Saks' Blog

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Industry Observer - TN LIC# 290452
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 

Fraudster Sentenced for Failed Development Project Derek Christopher Swann, 39, Norman, Oklahoma, was sentenced to serve 40 months in federal prison for money laundering related to a failed Edmond commercial and residential development called “The Falls.”  Earlier in 2011, Giovanni Bryan Stinson,...
01/04/2012
Hawaii Real Estate Developer Convicted on Multiple Count Eric Aaron Lighter, 61, Volcano, Hawaii, a self-described real estate developer and businessman, was found guilty of conspiracy to defraud the United States, conspiracy to commit wire fraud, and conspiracy to commit blackmail and witness ta...
01/04/2012
Man Sentenced for Identity Theft Anthony Iacono, Jr., 60, Rutledge, Pennsylvania, was sentenced to 81 months in prison for fraudulently obtaining over $2 million in cash and real and personal property. Iacono pleaded guilty to wire fraud, credit card fraud and aggravated identity theft charges on...
01/04/2012
2 Indicted for Illegally Flipping 235 Houses Blaine Murphy (aka Bryce Peters, III and Martin J. Franks) and Bryce Peters Financial Corporation, Inc. have been indicted for illegally flipping homes in Ohio. These two defendants were charged for illegally flipping 235 houses in Cuyahoga County, Ohi...
01/04/2012
Russian National Sentenced for Fraudulently Obtaining Home Loan Evgueni Tetioukhine, 40, Warwick, R.I., a Russian national convicted by a federal jury in September 2011 in U.S. District Court in Providence of aggravated identity theft; wire, passport and social security fraud; and making false st...
01/04/2012
Appellate Court Asked to Certify Foreclosure Investigation Case The Fourth District Court of Appeal has been asked to certify that its recent decision in Law Offices of David Stern, P.A. v. State of Florida passes upon a question of great public importance.  In Stern, the Fourth DCA held that the...
01/04/2012
Man Convicted of Cash-Back Straw Buyer Scheme Eitan Maximov, 39, a citizen of Israel and lawful permanent resident of the United States, was convicted after a six-day jury trial on one count of conspiracy to commit wire and bank fraud and one count of wire fraud as a result of his leadership in a...
01/04/2012
                                                  #1470 When we talk about a title which is taken in fee simple we're talking about a title that lasts forever and can be inherited or disposed of according to the owners wishes. Is this true or false ? Take your time. Thye solution is posted below ...
01/02/2012
                                                    #1469 When one considers the four unities of possession, interest, time and title  these unities are necessary to create a tenancy in common. Is this true or false ? Take your time. The solution is posted below the wildlife photo. A. False Posse...
01/02/2012
                                                          #1468 If a title is conveyed and a condition is written into the conveyance stating that no flea market activities may be held on the property this type of title is called a life estate. True or false ? Remember to take your time. The solu...
01/02/2012
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David Saks

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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.
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