May 21, 2024
Property

Rental scams soared during the pandemic, hurting renters and landlords

Inflation, undersupply, high demand and exorbitant home prices are often reasons cited for why rents are high. But there’s another few people talk about, rampant fraud. Since the pandemic, rental fraud has exploded nationwide. Nearly all respondents (93.3%) to a survey of members of the National Multifamily Housing Council (NMHC) and the National Apartment Association

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Funds

Lawsuit claims Springfield restaurant owner misappropriated funds

A co-owner of Springfield’s First Watch restaurants is suing his business partner. Joseph Hulston, a 50% co-owner of Ozark Endeavors LLC, is suing James Tillman, the other co-owner, for fraud, misappropriation of funds, and breach of fiduciary duty. James Tillman’s wife, Lisa Tillman, also is a defendant. Ozark Endeavors, LLC manages various LLCs operating First

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Investors

Where did the money go?

What happened to all the money entrepreneur Rodney Grubbs borrowed from his creditors, including dozens of friends and associates he met in the fast-growing world of pickleball? That was the $47 million question at a hearing Tuesday in Grubbs’ bankruptcy case. And the answer remained a mystery at the conclusion of a virtual meeting of

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Crypto

Nebraska man stole over $3.5M in cloud service to mine crypto: Feds

A Nebraska man operated a large-scale “cryptojacking” scheme that defrauded cloud computing service providers out of more than $3.5 million worth of services, the U.S. Attorney’s Office said Monday. Charles O. Parks III, 45, also known as “CP3O,” has been charged with wire fraud, money laundering, and engaging in unlawful monetary transactions in connection with

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