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Real Estate Fraud

Scammer Nabbed For Swindling NY Homebuyer Out Of $45K, Police Say Scammer Nabbed For Swindling NY Homebuyer Out Of $45K, Police Say
Scammer Nabbed For Swindling NY Homebuyer Out Of $45K, Police Say A man accused of bilking a New York homebuyer out of tens of thousands of dollars through an email scam has been nabbed by police. Maryland resident Emeka Ndukwu, age 50, of Lanham in Prince George's County, was arraigned on Long Island on Saturday, Oct. 1, on a felony charge of grand larceny in Nassau County Court.. Working with two other individuals, prosecutors said Ndukwu, who is a dual national of the United States and Nigeria, convinced a Garden City resident to wire a total of $45,000 to a person he believed to be a real estate attorney in October 2021. Ndukwu is accused of recrui…
Trump Sues NY Attorney General In Effort To Block Probe Of Company Trump Sues NY Attorney General In Effort To Block Probe Of Company
Trump Sues NY Attorney General In Effort To Block Probe Of Company In a last-ditch bid to stop a “witch hunt” probe into his company, former President Donald Trump announced that he is suing New York Attorney General Letitia James in an effort to halt her two-year-long inquiry. Trump and his company filed the federal lawsuit on Monday, Dec. 20 to block James’ ongoing civil investigation into the Trump Organization. James had been investigating whether the Trump Organization misstated the value of certain real estate assets to obtain better interest rates, while lowering tax obligations, after the former president's former attorney Michael Cohen made those …
Man Posed As Realtor, Took Downpayment From Victim, Police Say Man Posed As Realtor, Took Downpayment From Victim, Police Say
Man Posed As Realtor, Took Downpayment From Victim, Police Say A man from Middletown has been charged after police say he posed as a realtor and took a downpayment from a victim. New York State Police say Michael Ramos, 35, of Middletown was arrested on Wednesday, Sept. 11 after he allegedly presented himself as a realtor and accepted a downpayment from a victim in June. Ramos showed the victim a foreclosed property in the town of Thompson in Sullivan County and accepted a cash downpayment, according to police. Ramos was charged with third-degree burglary, a felony, and second-degree criminal impersonation, a misdemeanor. He was arraigned in the Town …
Area Real Estate Developer Sentenced For $58M Ponzi Scheme Area Real Estate Developer Sentenced For $58M Ponzi Scheme
Area Real Estate Developer Sentenced For $58M Ponzi Scheme A real estate developer will spend time behind bars for operating a years-long $58 million Ponzi scheme that included properties in the area. Michael D’Alessio, 53, was sentenced on Friday, April 5 to six years in prison for his elaborate scheme to defraud investors in luxury real estate developments in Manhattan, the Hamptons, Westchester and elsewhere.  In addition to the prison term, D'Alessio was sentenced to three years of supervised release and order to pay forfeiture in the amount of $58,090,047. D'Alessio is the former president and CEO of real estate development firm Michael …
Man Says Stepmom Stole His Hudson Valley Home Through Forged Signature Man Says Stepmom Stole His Hudson Valley Home Through Forged Signature
Man Says Stepmom Stole His Hudson Valley Home Through Forged Signature A man claims his stepmother stole his Northern Westchester house by forging his signature and using an invalid notary stamp on a new deed. Peter Parraglia told the WNBC News 4 I-Team that in October, his stepmother, Barbara Kessman-Parraglia had the deed transferred to her name for $10. The only problem, he said, is that he never signed over his Katonah home, where he lives with his wife and two children, the news channel reported. Another twist to the plot is that the notary public who certified the transaction was listed as Parraglia's father, Patrick Edward Parraglia. When I-Team …
Investors Seek $17M From Area Developer In Fraud Suit Investors Seek $17M From Area Developer In Fraud Suit
Investors Seek $17M From Area Developer In Fraud Suit More investors from Westchester and Connecticut are demanding at least $17 million in damages and a court order stopping White Plains developer Michael D’Alessio and Michael Paul Enterprises from selling or transferring properties. They claim he misappropriated their funds on housing projects in Scarsdale and Manhattan. D’Alessio and his enterprises carried out a massive scheme to defraud them, investors allege in three lawsuits filed in Westchester Supreme and County Court. The Westchester Bank also sued, demanding $881,000 on a $1 million loan D’Alessio took out in 2015, according to new…