Glenn Kelman of Redfin has been deceiving the public since the day they started the company, and he gets away with it because we don't have a watchdog department or any enforcement of truth-in-advertising. We live in a society where anybody can say anything and never...
Here's a good example of how sketchy the discounters are being with their advertising. It's bad enough when they claim that they provide the same service as traditional agents, without providing any proof. But this video - produced by Purplebricks themselves -...
The diverting of money being wired into escrow accounts to close real estate transactions is a real problem, but the authorities are on it - they have recovered $350 million! Unfortunately, they also mention here that $3.7 billion in losses have been reported:...
A homeowner told police his house was tented for termites, and part of the tenting process included placing cameras inside the house to detect an intruder. The camera system later alerted the homeowner to the intruder's presence, and within minutes the Carlsbad P.D....
It happened to us - hackers got into somebody's account. They posed as the escrow officer and tried to divert my buyers' down payment to the wrong bank account. Their timing was impeccable too. Six days before closing, an email was sent to the buyers that looked like...
From C.A.R. While we all are concerned about cybercrime and identity theft, it appears taking someone’s money the old-fashioned way has reappeared in a short sale scam in Southern California. The alleged scam appears to follow the same basic format. A short sale...
We did open escrow before Thanksgiving on the sale of the two-bedroom home in Trilogy 2 in Carmel Valley. The MLS entry had been on Friday morning, with open house scheduled for 12-3 on Saturday and Sunday. The weather was somewhat overcast, it is a gated community,...
Talk about unintended consequences. Every big-time banker saw Angelo Mozilo sell off stock and pocket $17 million per week during the final sunset of Countrywide, and then he walked with immunity. Who doesn't want that package? These people think they are above the...
According to this Ripoff Report, it looks like they were promising to set up the victims with new corporations, and get them credit in the corporate name too, for just an extra $20,000 - $30,000: Jacob Orona, Aide Orona, John Contreras, Prakashumar (“Kash”) Bhakta,...
Remember the property manager who kept three months' worth of rent? The victim I know did get her money - but then the charges were reversed by the bank, and the entire $9,000 taken back. The property manager claims it's a big mix-up.
