Guilty verdict in real estate fraud trial involving Raleigh, Wake Forest, Cary properties

A Greensboro man has been found guilty of orchestrating what the feds are calling an “extensive bank lien theft scheme” in the Triangle – one that involved converting real estate sales into “valuable assets, such as gold and recording studio equipment.” A federal jury found Xavier Milton Earquhart guilty of 10 counts of bank fraud, two counts of engaging in monetary transactions involving criminally derived property, and one count each of aggravated identity theft and aiding and abetting.…

from Real Estate Top Stories on DNAinfo - Friday, March 30, 2018 | 9:09am & Residential Real Estate News - Residential Real Estate News Headlines | Bizjournals.com https://ift.tt/2J4UHv2
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