Bid Rigging

A foreclosure sign hangs on a fence in front of a foreclosed home on April 6, 2011. (Justin Sullivan/Getty Images)

5 Real Estate Investors Indicted For Fraud, Bid Rigging At East Bay Foreclosure Auctions

Deputy Assistant Attorney General Brent Snyder referred to the brokers as “an elite group conspiring together for their own profit.”

12/05/2014

A foreclosure sign hangs on a fence in front of a foreclosed home on April 6, 2011. (Justin Sullivan/Getty Images)

Real Estate Speculators Plea Guilty To Bid-Rigging Bay Area Foreclosure Auctions

More than four dozen real estate speculators and two companies have been charged with illegally fixing foreclosure auctions in three states by bid-rigging. Several were operating in the Bay Area.

06/01/2013

real estate, housing, home, property

Real Estate Investors Plead Guilty In Bay Area Bid-Rigging Scheme

The U.S. Justice Department said eight real estate investors have agreed to plead guilty in a bid-rigging scheme to buy foreclosed real estate at public auctions in two Bay Area counties.

KPIX 5 | CBS San Francisco–06/30/2011

(AP)

New Kind Of Foreclosure Fraud Sweeping California

For those who are losing their homes to foreclosure, it’s a bitter pill to swallow. But some homeowners may have lost their homes to investors cheating on the courthouse steps.

KPIX 5 | CBS San Francisco–05/04/2011

Follow

Get every new post delivered to your Inbox.

Join 56,980 other followers