Posts in category "Fraud"

The Enigmatic Carlton Knight

Ever so often, someone e-mails me a question or volunteers information about my real estate developer Carlton Knight. For those of you who don’t know the history, he is the driving force behind me starting my blog.  He is the reason “I Hate My Developer” exists. In the pre-Chicago Now version of this blog, I... Read more »

Foreclosure Stories: My Home Is Worth $20,000

The south and west sides are ground zero for mortgage fraud in Chicago.  Wave after wave of foreclosures and vacant or half finished buildings have decimated property values. If you have the available money, you could take about $100,000 and literally buy a city block in certain neighborhoods. That’s how much the property values have... Read more »

4725 South Michigan: Mortgage Fraud Alleged By The State

Someone took note of my posts about the 4725 South Michigan condo association and suggested that I do some more searching. So I did. The renewed effort did not disappoint. The State of Illinois alleges that several individuals and real estate professionals were attempting to defraud various lenders to the tune of 7.7 million dollars.... Read more »
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