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

2013 

    This a valuable and informative collection of important audio tips from the Federal Trade Commission prepared to protect you.   Please share this page with your family and friends.   Click the play button to the left of any topic to listen.   Many thanks. -David- Consequences Illegal Fees Pa...
06/20/2013
Former Supervisory Official at New York City Department of Housing Preservation and Development Sentenced to 18 Months’ Imprisonment for Accepting $100,000 Bribe U.S. Attorney’s Office June 19, 2013 Eastern District of New York (718) 254-7000   Earlier today, Luis Adorno, formerly the supervisor...
06/19/2013
  You've gotten behind on your mortgage payment ?     Uh oh !   The first notice arrived ?   You're a real estate agent and the commission check didn't arrive in time to make the note ?   You're some other profession and your job is on the line ?   There's too much month at the end of the money ...
06/19/2013
Smell the roses and enjoy the coffee with Spanky and Our Gang and their great, classic song , "Lazy Day" Have a great day, too ! -David-
06/19/2013
Mortgage Broker Sentenced in $20 Million Mortgage Fraud Scheme U.S. Attorney’s Office June 18, 2013 District of Minnesota (612) 664-5600   MINNEAPOLIS—Earlier today in federal court, an Edina mortgage broker was sentenced for his role in a $20 million mortgage fraud scheme that involved 57 prope...
06/19/2013
HUD NEWS U.S. Department of Housing and Urban Development – Shaun Donovan, Secretary Office of Public Affairs, Washington, DC 20410   HUD No. 13-094                                                                                                                                                     ...
06/18/2013
HUD NEWS U.S. Department of Housing and Urban Development – Shaun Donovan, Secretary Office of Public Affairs, Washington, DC 20410 HUD No. 13-096                                                                                                          FOR RELEASE http://www.hud.gov/news/index.cfm...
06/18/2013
Northern California Real Estate Investor Agrees to Plead Guilty to Bid Rigging at Public Foreclosure Auctions Investigations Have Yielded 31 Plea Agreements to Date U.S. Department of Justice June 18, 2013 Office of Public Affairs (202) 514-2007/TDD (202) 514-1888   WASHINGTON—A Northern Califor...
06/18/2013
Here's "Big Maybelle Smith" to get your day off to a great start. She was born in Jackson, Tennessee (just down the road from me) in 1925. She died at the young age of 47 in 1972 from diabetes. Her 1956 hit single "Candy" received the Grammy Hall of Fame Award in 1999. I loved listening to her wh...
06/17/2013
Former Employee of Timeshare Consulting Firm Pleads Guilty to Fraud Conspiracy and Unemployment Fraud U.S. Attorney’s Office June 17, 2013 District of New Jersey (973) 645-2888   CAMDEN, NJ—A former employee of The Vacation Ownership Group LLC admitted today to conspiring to defraud owners of ti...
06/17/2013
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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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