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 !
RECENT BLOG POSTS
A homeowner insurance policy contained a provision for coinsurance along with coverage that insured the home for total replacement cost. The home burned down and the homeowner had to settle for the present cash value of property damaged in the fire. True or false ? A. False Because the homeowner ...
03/29/2015
Here's   Judy Garland   with   Kurt Weill's "Lost In the Stars"   Have a great day. -David-
03/28/2015
Former Florida Realtor Indicted on Conspiracy and Bank Fraud Charges U.S. Attorney’s Office March 27, 2015 Middle District of Florida (813) 274-6000 TAMPA, FL—United States Attorney A. Lee Bentley, III announces the unsealing of an indictment charging Joseph Pasquale (38, Worcester, MA) with one...
03/27/2015
  REAL ESTATE   FRAUD FILES   “Greed, by nature, which includes reprehensible acquisitiveness and one's insatiable desire for wealth, at some stage of evolution, is like an x-ray machine that exposes the filthy soul and drags the culprit of that deadly sin into hell on earth.”         ― David Sak...
03/25/2015
Former Manager of Federal Credit Union Pleads Guilty to Embezzlement Claudia Rawes Admits to Stealing from Centra Health Credit Union U.S. Attorney’s Office March 24, 2015 Western District of Virginia (540) 857-2250 LYNCHBURG, VA—The former manager of a local, federal credit union pled guilty to...
03/25/2015
Former North Miami Mayor Sentenced in Multi- Million-Dollar Mortgage Fraud Scheme U.S. Attorney’s Office March 24, 2015 Southern District of Florida (313) 226-9100 Former North Miami Mayor was sentenced by United States District Judge Robert N. Scola for her participation in a multi-million doll...
03/25/2015
Former Head Teller at Lynrocten Credit Union Sentenced Teresa Wieringo Humphries Previously Admitted to Embezzlement Scheme U.S. Attorney’s Office March 24, 2015 Western District of Virginia (540) 857-2250 LYNCHBURG, VA—The former head teller of the Lynrocten Credit Union in Lynchburg was senten...
03/25/2015
Lyndhurst Man Indicted for Defrauding Now-Defunct Credit Union of $436,000 U.S. Attorney’s Office March 24, 2015 Northern District of Ohio (216) 622-3600 A Lyndhurst man was indicted for defrauding a now-defunct credit union out of more than $436,000, said Steven M. Dettelbach, U.S. Attorney for...
03/25/2015
Florida Man Indicted in $4 Million Escrow Fraud Scheme U.S. Attorney’s Office March 24, 2015 Eastern District of Virginia (703) 299-3700 ALEXANDRIA, VA—A Florida man who allegedly stole $4 million in borrowers’ funds and lied to federal law enforcement agents was indicted today by a federal gran...
03/25/2015
      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. Rachel Dollar is a California attorney who represents lenders in mortgage related litigati...
03/24/2015
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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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