Tag: Broker Misconduct
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Escrow Abuse? Massachusetts Real Estate Broker Charged With Embezzlement
A real estate broker in Massachusetts was just hauled into court on charges connected with the sudden closure of his company late last year. Stephen Webster left clients stranded, having allegedly diverted more than $11.6 million from escrow accounts. A large number of buyers and sellers lost their closing dates and their money. Some of…
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Deed-Stealing Florida Broker Pleads GUILTY
Michael B., a real estate broker, has changed his mind. He’s now pleading guilty in a felony fraud case involving deed theft. In Florida, fraudulent real estate schemes are not unusual. But when a real estate broker in active status is pursued for deed fraud, that’s the kind of case that stands out. Yes, you read…
