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

2014 

08/31/2014
  real estate fraud: Real Estate Fraud Report for August 30, 2014 - 08/30/14 12:24 AM   … (4 comments) real estate fraud: Real Estate Fraud Report for August 28, 2014 - 08/28/14 07:00 PM   … (2 comments) real estate fraud: Ex Cook County Employee Arrested for Allegedly Swindling from U.S. - 08/2...
08/31/2014
Are your agents employees or Independant contractors?  My friend Jim Gibbs of the Career Institute sent this to me a few minutes ago. I want to share it with you. The relationship between brokers and real estate salespeople is unique. This fact has been widely codified in applicable federal and s...
08/31/2014
    Originally posted by David Saks • September 16 2008   A disgruntled agent had been bombarding me with insults about the photographs on my biography pages. He's spent a great deal of time examining my life. He even spammed me with things I didn't know about myself, such as Wikipedia articles a...
08/30/2014
  real estate fraud: Real Estate Fraud Report for August 28, 2014 - 08/28/14 07:00 PM   … (2 comments) real estate fraud: Ex Cook County Employee Arrested for Allegedly Swindling from U.S. - 08/28/14 05:15 PM Former Cook County Employee Arrested for Allegedly Swindling $330,000 from $10.3 Millio...
08/29/2014
  real estate fraud: Ex Cook County Employee Arrested for Allegedly Swindling from U.S. - 08/28/14 05:15 PM Former Cook County Employee Arrested for Allegedly Swindling $330,000 from $10.3 Million U.S. Flood Relief Grant CHICAGO—A former Cook County employee who managed a $10.3 million federal g...
08/28/2014
Former Cook County Employee Arrested for Allegedly Swindling $330,000 from $10.3 Million U.S. Flood Relief Grant U.S. Attorney’s Office August 28, 2014 Northern District of Illinois (312) 353-5300 CHICAGO—A former Cook County employee who managed a $10.3 million federal grant to assist county re...
08/28/2014
Two California Residents Sentenced to Prison for Computer Theft from Charlotte-Based Online Mortgage Broker U.S. Attorney’s Office August 27, 2014 Western District of North Carolina (704) 344-6222 CHARLOTTE, NC—U.S. District Judge Robert J. Conrad, Jr. sentenced two California residents to priso...
08/28/2014
Chicago Man Allegedly Exploited U.S. Visa Program to Defraud Chinese Investors of $160 Million in Purported O’Hare Complex U.S. Attorney’s Office August 27, 2014 Northern District of Illinois (312) 353-5300 CHICAGO—A Chicago man who purported to be building a $912 million hotel and convention ce...
08/28/2014
real estate fraud: Mortgage Fraud Blog for August 27, 2014 - 08/27/14 08:13 AM       Mortgage Fraud Blog sends me an update email once per week.   The Mortgage Fraud Blog website is updated every business day and you can always get the latest news by visiting www.mortgagefraudblog.com. Copyright...
08/27/2014
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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.
The use of the names or initials of the Federal Bureau of Investigation, the Drug Enforcement Administration, and the United States Marshals Service is governed by 18 U.S.C. sec. 709, which prohibits their unauthorized use in a manner calculated to convey the impression that such use is approved, endorsed, or authorized by that component, unless written permission has been received from the head of the respective component.
Where initials are found within this blog site they are not used in a manner calculated to convey the impression that such use is approved, endorsed or authorized by that component.
Please see the Department of Justice Legal Policies at:
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Please contact David with any questions.

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