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 

Melbourne Man Pleads Guilty to Short Sale Mortgage Fraud U.S. Attorney’s Office October 30, 2012 Middle District of Florida (813) 274-6000   ORLANDO—Guerard Wallace Howard (63, Melbourne) pleaded guilty today to one count of wire fraud; he faces a maximum penalty of 20 years in federal prison. H...
10/31/2012
Former CPA Sentenced in Mortgage Fraud Investigation U.S. Attorney’s Office October 30, 2012 Western District of Wisconsin (608) 264–5158   MADISON, WI—John W. Vaudreuil, United States Attorney for the Western District of Wisconsin, announced that P. Edwin Gray, 59, Oregon, Wisconsin, was senten...
10/30/2012
Westminster Woman Sentenced to 24 Months in Prison for Her Involvement in a $1.7 Million Real Estate Scheme U.S. Attorney’s Office October 30, 2012 District of Colorado (303) 454-0100   DENVER—Kathy J. Mascarenas, aka Kathy Oliver, 53, of Westminster, Colorado, was sentenced late last week by U....
10/30/2012
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10/30/2012
Husband, Wife, and Former Police Officer Sentenced for Their Participation in Large-Scale Mortgage Fraud Scheme U.S. Attorney’s Office October 29, 2012 Middle District of Florida (813) 274-6000   TAMPA, FL—U.S. District Court Judge Elizabeth A. Kovachevich sentenced George Cavallo (47, Kirkland,...
10/29/2012
Tenth Crestwood Defendant Sentenced Ordered to Pay $241,307.04 in Restitution to Victims of Wire Fraud U.S. Attorney’s Office October 26, 2012 District of Idaho (208) 334-1211   BOISE—Travis Richard Hymas, 29, of American Fork, Utah, formerly of Meridian, Idaho, was sentenced today in United Sta...
10/29/2012
                                                         #1900 Giving the permission and the right to someone to cross your property so they may come and go unhampered is known as granting equitable interest in the easement. Is this true or false ? Please take your time. The solution is posted be...
10/29/2012
                                                     #1899 When money is held prior to the acceptance of an offer to purchase real estate that money belongs to the seller and the buyer. Is this true or false ? Take your time the solution is posted below the wildlife photo. A. False If the offer h...
10/29/2012
                                                     #1898 A home was constructed in 1955 in Texas that didn't include central heat or central air conditioning. When an appraiser is considering cost depreciation he would classify the abscence of central heat and air conditioning as an incurable f...
10/29/2012
                                                                   #1897 A broker in Birmingham, Alabama decided to leave town with a clients money and spend a couple of days in British Columbia golfing and disco dancing. He's guilty of misrepresentation. True or false ? Take your time. The soult...
10/29/2012
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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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