San Francisco Chronicle Real Estate

Tuesday, January 15, 2008

Indiana Jones and the Mystery of the Inflated Appraisals

Nobody messes with Indy's real estate portfolio.

Yes, it's true even Harrison Ford can have a swindling real estate agent. Real estate agent to the stars Joseph Aram Babajian, has been indicted by the U.S. Attorney in Los Angeles of fraud and conspiracy in an appraisal scam. With such clients as Ford, Ryan Seacrest and Warren Beatty; Babajian allegedly helped to steal tens of millions of dollars by inflating the values of homes. Click HERE for the story featured on Forbes.com.

0 comments:

Today"s Real Estate News Provided by Inman News