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?