Friday, August 03, 2007

New York AG Charges Man With eBay House Flipping Scheme

(revised 8-23-07)
The Niagara Gazette reports:
  • "A Town of Niagara [New York] man was charged Thursday with defrauding investors through an eBay house-flipping scheme involving properties across the region. Joseph Furan, 39, ... was charged with fraud by state Attorney General Andrew Cuomo. Furan is accused of falsely representing himself as a property flipper, or someone who buys homes with the intent to renovate them and sell them at a profit, according to a release from Cuomo’s office."

For more, see Town of Niagara man charged in housing scam.

Go here for New York AG Press Release (Cuomo files suit against Niagara Falls man who tried to sell bogus properties in and around Buffalo).

For follow-up stories, see:

Investor defends actions (Accused Town of Niagara man denies some charges from state; Falls woman says he swindled her).

Property investor in court today (Attorney general’s suit alleges Joseph Furan defrauded homebuyers on Internet) (8-22-07).