Posted by & filed under Governments & Regulators, Market Analysis.

Description:  A twisted tale of how homeowners were bilked by those they least suspected: their neighbors

Source: Businessweek.com

Date: 12/08/2011

Link:  http://www.businessweek.com/magazine/the-king-of-all-vegas-real-estate-scams-12082011.html

Questions for discussion:

Summarize the highlights of this story.

  • Is there a way to prevent these events from occurring?
  • How can home owners protect themselves?
  • How will stories like this one impact real estate investing in the future?
  • How much fault lies with government and institutions involved in real estate?

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