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1031 Exchanges
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Updated about 10 years ago, 11/26/2014

User Stats

910
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889
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Johnson H.
Pro Member
  • Investor
  • San Francisco, CA
889
Votes |
910
Posts

1031 Exchange $126 Million Fraud Scheme

Johnson H.
Pro Member
  • Investor
  • San Francisco, CA
Posted

This is a pretty crazy story of one man using the escrow accounts of 1031 exchange to fund his lifestyle. Only after $126 million later does it all come crashing down. The conman never admits to fault!  Many lost their 1031 exchange money to this loser. Always do business with a reputable company!

American Greed Video

Bloomberg - Con Man Edward Okun Gets 100 Years for Fraud Scheme

  • Johnson H.
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