More Agape World broker arrests imminent
After four former brokers of the Agape World Ponzi scheme were arrested by the FBI on Wednesday for their roles in the $400 million scam, other former brokers are preparing for their own arrests that...
View ArticleAgape World brokers freed after posting $1M bail
Three of four former brokers of the Agape World Ponzi scheme who were arrested Wednesday for their roles in the $400 million scam have been released on $1 million bail. Jason Keryc, 34; Anthony...
View ArticleGambling eyed for Agape World’s upstate land
A 900-acre parcel of land near the Canadian border now owned by the Agape World bankruptcy trustee is still being promoted as a site for a possible casino by local elected officials. Agape World, the...
View ArticleAugust auction date for 900-acre Agape World land
A 900-acre parcel of land near the Canadian border owned by the Agape World bankruptcy trustee will be auctioned August 1 in Plainview. Agape World, the Hauppauge-based $400 million Ponzi scheme...
View ArticleSEC charges 14 Agape World Ponzi scheme brokers
The Securities and Exchange Commission has charged 14 former sales agents, including four pairs of siblings, for misleading investors while earning more than $52 million in commissions in the $400...
View ArticleLast parcel of former Agape World-owned land sold
Two bidders paid a total of $280,000 and $60,000 in back taxes to split more than 900 upstate acres formerly owned by Agape World, the Hauppauge-based $400 million Ponzi scheme perpetrated by Nicholas...
View ArticleEmblemHealth axes commission payments
EmblemHealth plans to eliminate commission payments on three of its most popular small business products.
View ArticleTrial against 3 Agape World brokers starts
Three former Agape World brokers were in Suffolk County Supreme Court in Riverhead on Monday for the start of a civil case brought by eight victims.
View ArticleAgape World victims win $4.1 million judgment
Eight victims of the Agape World Ponzi scheme have won a judgment of $4.1 million against a brother and sister who sold them the bogus investments.
View ArticleLI housing rebounds but appraisals don’t
Appraisals of homes contracted for sale are increasingly coming in below what the properties are selling for, the result of market and demand outpacing supply.
View ArticleRealtors on the rise amid housing rebound
The residential real estate industry shed more than 3,000 agents during the housing bust, a decline not seen locally since the dark days of the 1990 recession.
View ArticleLong Island housing market flourishing
Boosted by increased buyer activity and lower inventory, the Long Island housing market posted six consecutive months of year-over-year sales growth.
View ArticleQ&A: Laura Rittenberg, Coldwell Banker Residential
The newly minted Long Island president of Coldwell Banker Residential Brokerage has 32 years of selling real estate in various states.
View ArticleOnes to watch in commercial real estate
Ones to watch in the various areas of commercial real estate on Long Island.
View ArticleLI brokers charged in McGinn Smith Ponzi scheme
The commission on Monday said it filed civil charges against the brokers who worked with Albany-based McGinn Smith & Co.
View ArticleBrokers simplify, confuse health exchange shopping
Buying a policy from a broker not licensed could leave consumers without the tax subsidies that make the health insurance affordable.
View ArticleLong Island industrial inventory fading fast
Increased sales and leasing activity in Long Island’s industrial real estate market have created a dearth of available inventory.
View ArticleDouglas Elliman signs listing deal with Zillow
Douglas Elliman will now feed its listing information directly to Zillow, instead of the syndicator aggregating listings from an area’s Multiple Listing Service, as it normally does.
View ArticleImproving housing market luring would-be brokers
Low interest rates, foreign buyers and a gradual end to the foreclosure crisis are driving the modest turnaround in the nation's housing market.
View ArticleLI housing rebounds but appraisals don’t
Appraisals of homes contracted for sale are increasingly coming in below what the properties are selling for, the result of market and demand outpacing supply.
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