scam

Real Estate Law

The Interstate Land Sales Full Disclosure Act: You Sold Me Swamp Land – I Want Out!

by Clint Coons | October 21, 2010
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Considering selling some swampland to out of state investors marketed as prime real estate?  Probably not; however, it has been done and scam artists have raked in millions.  Thus, in 1968 the Federal Government was forced to step in and protect buyers of out-of-state land with what is commonly referred to as ILSA – “Interstate [...]

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Financing Real Estate

Charming the Den of Snakes – Where Have the Honest Financial Products Gone?

by Bryan Hancock | October 5, 2010
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It seems that the recent financial meltdown and lack of financing has invigorated hucksters and those pushing “new” financial products.  I have seen a spate of posts about supposedly innovative financial products for simplistic funding needs.  Fully 40% of every dollar of profit in our country was made on financial products at the height of [...]

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Real Estate News

Another Day, Another Real Estate Scammer Busted: $20M Scam Shut Down!

by Joshua Dorkin | February 4, 2009

It seems that you don’t have to look too far to find someone trying to scam the innocent these days. From Madoff on down, it feels like there is a white collar crook around every corner. The good news is that many of these people are getting busted . . . unfortunately, by the time [...]

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BiggerPockets News

BiggerPockets Helps “Victims” of Real Estate Scandals

by Joshua Dorkin | October 12, 2006

BiggerPockets is proud that we’ve been able to provide a forum for possible “victims” of what some claim to be a massive real estate fraud. For the past few months tens of thousands of current and possible investors have flocked to BiggerPockets Forums to exchange information and help one another stay abreast of fast moving [...]

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