March 12, 2025 - 19:15
A South Charleston man, infamously dubbed the "Wolf of West Virginia," has pleaded guilty to his role in a multi-state real estate fraud scheme that defrauded over 170 victims. The fraudulent activities led to substantial financial losses estimated to be between $2 million and $5 million.
The man was accused of luring investors with promises of lucrative returns on real estate investments, which he failed to deliver. Instead of using the funds for legitimate property ventures, he misappropriated the money for personal expenses and to pay off earlier investors, a strategy commonly known as a Ponzi scheme.
Authorities have stated that the investigation revealed a complex web of deceit, with victims from various states falling prey to his promises. The case highlights the importance of vigilance when considering investment opportunities, especially those that seem too good to be true. Sentencing for the man is expected in the coming months, and he faces significant prison time for his actions.
July 30, 2025 - 09:45
Real Estate Transactions in Lucas County: July 18-24, 2025In the week spanning July 18 to July 24, 2025, several notable real estate transactions took place in Lucas County, highlighting the ongoing activity in the local property market. One significant...
July 29, 2025 - 22:02
Record-Breaking Sale: Dr. Nicole Martin's Waterfront Mansion Sold for $40 MillionIn a stunning real estate transaction, Dr. Nicole Martin`s luxurious waterfront mansion in Coral Gables has been sold for an astounding $40 million. This sale marks a new record for the area,...
July 29, 2025 - 02:07
Positive Changes on the Horizon for Real Estate AppraisersIn a significant shift for the real estate appraisal industry, professionals who have long faced challenges and abuse are beginning to see a glimmer of hope for improvement. The landscape for...
July 28, 2025 - 08:18
Groundbreaking Ceremony for New 312-Unit Residential Development in Lexington, MALEXINGTON, Mass.— A significant milestone has been reached as construction has officially commenced on a new residential project featuring 312 mixed-income units at 17 Hartwell Avenue. This...