February 07, 2024
A group of connected companies named in a lawsuit accusing a real estate lender of fraud asked a New York federal judge to dismiss them from the case, saying an alleged joint venture agreement and bank statement used to support the plaintiffs' claims are falsified.
January 30, 2024
A court-appointed receiver has accused an Albany, New York, lender of fraudulently transferring millions of dollars in real estate developer funds to personal bank accounts to buy numerous luxury items, including a $2.2 million watch.
January 26, 2024
A real estate lender accused of operating a $50 million multi-state fraud scheme said Friday it will ask the Second Circuit to block a lower court order appointing a receiver with access to the lender's financial records.
January 16, 2024
A commercial real estate lender accused of conducting a $50 million multi-state fraud scheme and refusing to return a developer's $15 million deposit said Tuesday those claims must be resolved through arbitration.