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The owner of Penguin Properties, LLC, (“Company”), a Georgia real estate company has pleaded guilty to bid rigging at public auctions and mail fraud, according to federal prosecutors.

Prosecutors stated that between February 2007 and January 2012, the Company conspired with others not to bid against each other at Fulton County auctions and would designate a selected bidder to obtain specific properties. The properties were then auctioned again privately among participants in the conspiracy. The Company would fraudulently acquire titles for each parcel through the mail.

Officials say Penguin Properties LLC was also charged with being involved in similar scheme in DeKalb County from July 2004 to January 2012.  

This information is from an article in Bloomberg News.

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October 24, 2013 · 11:48 AM

 

Realty Mogul, a crowdfunding site for real estate, reports that it’s attracted more than $4 million in cumulative investments through Sept. 26, helping fund purchases or equity stakes in 20 properties valued at more than $20 million and returning $384,769 to investors. See realtymogul.com

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October 22, 2013 · 9:09 PM

Georgia Personal Injury

 

Typically, the statute of limitations is two years from the date of injury. In some instances, it may be shorter.  If you or a loved one is injured, contact an attorney immediately.  We handle personal injury matters and have been successful in mediating cases with very favorable results for our clients. We are civil litigators and if necessary, will litigate. 

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September 23, 2013 · 3:16 PM

Winners are not people who never fail but people who never quit.  Anonymous 

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September 13, 2013 · 12:10 AM

According to Realtor.com:  Atlanta Georgia is included as one of five markets with the greatest yearly inventory increases in July.  The other markets are Riverside-San Bernardino, California; Dayton-Springfield, Ohio; Sacramento, California; and Santa Fe, New Mexico.

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August 14, 2013 · 4:14 PM
  • The Case-Shiller Index reports that Metro Atlanta home values have increased 21% in the last 12 months.  However, values remain down 25% from the peak of July 2007. 

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July 26, 2013 · 10:39 AM

All Successful Entrepreneurs Have This Quality http://zite.to/1ajY6yt via @zite

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July 13, 2013 · 5:22 PM