Former “We Buy Ugly Houses” Franchise Owner to Plead Guilty in Fraud Scheme That Cost Investors $40 Million
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Source: ProPublica
Published: 2025-05-31 05:30 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Property, Property & Housing, Fraud & Corruption, Crime & Justice
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Snippet:
The former operator of one of the largest HomeVestors of America franchises has agreed to plead guilty to federal wire fraud in connection with a sprawling Ponzi scheme targeting people who believed they were investing in his real estate empire.
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