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UK Property

UK family home for sale for £1 and it’s not far from the city centre or beautiful beaches

As property prices continue to soar it’s great to hear you can still grab a bargain - even if it is in need of a major refurbishment - and a house in WallsendThe house is located in Mcilvenna Gardens in Wallsend, Newcastle This two-bedroom semi-detached family home in Newcastle has gone on sale for just £1 but you’ll need to have deep pockets to be able to afford to get it up to scratch.Photos show the property in Wallsend, North Tyneside is in dire need of modernisation with marks on...
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Investor headed to prison for fraud scheme after taking $62.8 million

Dave Williams  |  Capitol Beat News ServiceReal estate investor headed to prison in Atlanta fraud schemeBy Dave WilliamsBureau ChiefCapitol Beat News ServiceATLANTA - The head of a commercial real estate investment firm has been sentenced to 87 months in prison and ordered to pay $45 million in restitution in a fraud scheme involving the Atlanta Financial Center in Buckhead.Elchonon (Elie) Schwartz, 46, of New York City pleaded guilty in February to one count of wire fraud. Schwartz convinced more than 800 investors to send him $62.8 million, including $54 million...
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