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Nationwide, in 2021, 11,578 people reported losing roughly $350 million due to these types of scams — a 64% jump from the previous year, according to the FBI’s Internet Crime Complaint Center.
Purchasing a home is like investing in a piece of your legacy. Unfortunately, this makes real estate a prime target for con artists. According to the FBI’s Internet Crime Report 2021, the losses ...
The New York Times reports that the Carleton Sheets infomercials that were ubiquitous a couple years ago are now off the air, as the real estate training mogul struggles with his tarnished ...
Tom Vu. Information accurate as of 14 July 2014. Tuan Anh Vu ( Vietnamese: Vũ Tuấn Anh; born December 5, 1957), [1] better known as Tommy or Tom Vu, is a Vietnamese American poker player, real estate investor and speaker best remembered as an infomercial personality in the late 1980s and early 1990s.
William J. McCorkle. William Joseph McCorkle (born 1966 in San Antonio, Texas) is an American businessman, former real estate guru and former owner of William McCorkle Seminars. In the 1990s he and his wife Chantal created a number of late-night television infomercials, selling materials which purported to teach people how to make money buying ...
Swampland in Florida. A freshwater swamp in Florida. Swampland in Florida is a figure of speech referring to real estate scams in which a seller misrepresents unusable swampland as developable property. These types of unseen property scams became widely known in the United States in the 20th century, and the phrase is often used metaphorically ...
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In 2022, the FBI received 11,727 real estate-related complaints with losses of over $396 million, an 86% increase versus 2020 levels.