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 

Promoters and Real Estate Professionals Indicted in Waxhaw Mortgage Fraud Cell A Total of 50 Real Estate Professionals and Others Charged to Date in Operation Wax House U.S. Attorney’s Office September 21, 2012 Western District of North Carolina (704) 344-6222   CHARLOTTE, NC—Nine defendants hav...
09/27/2012
Hayden Man Pleads Guilty to Interfering with Flight of Historic Biplane U.S. Attorney’s Office September 27, 2012 Northern District of Alabama (205) 244-2001   BIRMINGHAM—A Hayden man pleaded guilty Wednesday in federal court to interfering with the June flight of a restored biplane landing at a...
09/27/2012
Former Houston Businessman Convicted of Bankruptcy Fraud U.S. Attorney’s Office September 27, 2012 Southern District of Texas (713) 567-9000   HOUSTON—Jimmy Wayne Sissom, 46, has entered a plea of guilty to one count of bankruptcy fraud, United States Attorney Kenneth Magidson announced today. S...
09/27/2012
Former Executive Director of Luna Pier Housing Commission Sentenced for Stealing Commission Funds U.S. Attorney’s Office September 27, 2012 Eastern District of Michigan (313) 226-9100   Kay Jean Axel, 56, of Erie, Michigan, was sentenced today to three years of supervised release, with the first...
09/27/2012
Orange County Husband and Wife Sentenced for Mortgage Fraud U.S. Attorney’s Office September 26, 2012 Southern District of Florida (313) 226-9100   Wifredo A. Ferrer, United States Attorney for the Southern District of Florida, and Michael B. Steinbach, Acting Special Agent in Charge, Federal Bu...
09/27/2012
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I sent a letter to the editor of my local newspaper. It was published this morning. Police corruption is tragically on the rise. Could it be an economic, political, psychological or some other reason ? Some of you may be experiencing the same problems with law enforcement where you live. Here's ...
09/27/2012
Virginia Woman Pleads Guilty to Bankruptcy Fraud Conviction is Fourth in Past 18 Months for Local Task Force U.S. Attorney’s Office September 26, 2012 Western District of Virginia (540) 857-2250   LYNCHBURG, VA—A Burkeville, Virginia woman pled guilty this morning in the United States District C...
09/27/2012
California Man Charged with Mortgage Fraud U.S. Attorney’s Office September 26, 2012 District of South Carolina (803) 929-3000   FLORENCE, SC—Michael Lewis Wimberly, age 46, of Gardena, California, was charged in a one-count Indictment with conspiracy to commit wire fraud, a violation of Title 1...
09/26/2012
Pennsylvania Corporation Pleads Guilty to Bid Rigging at Municipal Tax Lien Auctions in New Jersey U.S. Department of Justice September 26, 2012 Office of Public Affairs (202) 514-2007/TDD (202) 514-1888   WASHINGTON—A Pennsylvania corporation pleaded guilty today to participating in a conspirac...
09/26/2012
Hampton Roads Developer Sentenced to 138 Months in Prison for Massive Bank and Historic Tax Credit Fraud U.S. Attorney’s Office September 26, 2012 Eastern District of Virginia (757) 441-6331   NORFOLK, VA—Eric H. Menden, 53, of Chesapeake, Virginia, was sentenced today to 138 months in prison, f...
09/26/2012
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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.
Nothing will be published that has not been verified via the public record or consent provided.
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