You bet they do and they prosecute costing a pretty good buck, in my opinion though they need to follow up and prosecute even more, a couple years ago I was chasing a couple huds and everything worthwhile went during the owner period to brokers I know were rehabbing and such.

A failure to do so can subject the non compliant to serious fines and other administrative actions, as well as criminal prosecution.

A are adviced by this agreement to perform own research about C and the business opportunity, get advice from independent third party to confirm that it is a good legitimate business opportunity, A acknowledge that B not can be held privately or professionally responsible for investments, business, economical, financial, legal, or other A have given, or C received. if A and C decides to do prosecution, lawsuits, economical/financial claims or other towards eachother this is a matter between A and C, not B.

And, that federal prosecuters didn't have the resources to seek convictions.

He insisted that wholesalers were breaking the law by acting as unlicensed realtors and should be prosecuted if they’re ever caught, no exceptions.

They have repeatedly said we are low hanging fruit and have repeatedly stated their intention to regulate (read prosecute) the lending that goes on in our industry as well.

the closing attorney I use there is very responsive I don't know if he prosecutes foreclosure's or not.. but ping me off line if you want a referral.Its a mortgage judicial state as you probably know.. at least the stuff I have seen.best of luck  I will be there next week as well..

My thoughts are that often, the USA should be sued for allowing Prosecuting Lawyers to get highly paid for frivolously carrying on like this!...

You can be assured that a prosecuting attorney first effort will be to tear the LLC down, all the cases I have read online that is what happen, or case law had to interpret statues.

There are cases of attorney's dipping into client trust accounts, and that is a major violation that can lead to criminal prosecution.