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.
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ARCHIVED BLOG POSTS
2015
Former Insurance Agent Sentenced for Stealing from His Clients U.S. Attorney’s Office January 12, 2015 District of Kansas (316) 269-6481 WICHITA, KS—A former insurance agent in Wichita was sentenced Monday to 42 months in federal prison for stealing from his clients, U.S. Attorney Barry Grissom ...
01/13/2015
Bank Employee Sentenced to Federal Prison for Embezzling More Than $450,000 U.S. Attorney’s Office January 12, 2015 District of Connecticut (203) 821-3700 Deirdre M, Daly, United States Attorney for the District of Connecticut, announced that MARIA ROSA ESTEVES, 41, of Bridgeport, was sentenced ...
01/13/2015
Mortgage Broker Sentenced to Five Years in Prison for Defrauding Lenders U.S. Attorney’s Office January 12, 2015 Western District of Pennsylvania PITTSBURGH, PA—A resident of Allegheny County, Pennsylvania, has been sentenced in federal court to 60 months of imprisonment, to be followed by five ...
01/13/2015
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The stamp on paper above will set records in the world of philately. It could go down in history as the longest listed item on eBay without a bid. It's a bargain at 50 thousand dollars. click Elvis for more....
01/12/2015
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HUD NEWS U.S. Department of Housing and Urban Development – Julián Castro, Secretary Office of Public Affairs, Washington, DC 20410 HUD No. 15-001 FOR RELEASE http://www.hud.gov/n...
01/12/2015
Appalachian Community Bank Vice President Convicted of Bank Fraud U.S. Attorney’s Office January 09, 2015 Northern District of Georgia (404) 581-6000 GAINESVILLE, GA— William R. Beamon, Jr., a/k/a “Rusty” Beamon, has been convicted by a federal jury of carrying out a scheme to defraud Appalachia...
01/12/2015
Palmetto Woman Sentenced to More Than Five Years for Embezzling Funds U.S. Attorney’s Office January 09, 2015 Middle District of Florida (813) 274-6000 TAMPA, FL—United States District Judge Steven D. Merryday has sentenced Beverly Sue Gingell (61, Palmetto) to five years and three months in fed...
01/12/2015
Two Individuals Sentenced in Federal Court for Defrauding AIG Out of Hundreds of Thousands of Dollars in West Des Moines, Iowa U.S. Attorney’s Office January 09, 2015 Southern District of Iowa (515) 473-9300 DES MOINES, IA—Former Iowa resident Christina M. Pender and California resident Robert K...
01/12/2015
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David bought a lot for $100,000 and sold it three years later for $130,000. His tax liability on the lot was $2,500 a year for the past three years. David also lost 2% interest on his investment each of the three years before the sale of the lot. What was his profit after the sale ? Take your ti...
01/11/2015
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A lot with a 55 foot front and 100 feet of depth was sold for $350 per front foot. If the listing agents commission was 6% of the selling price what was her commission ? Take your time. The solution is below the wildlife photo. A. $1155 Multiply the number of front feet, 55, times the selling pr...
01/11/2015