A Los Angeles clergyman who ran a Ponzi scheme that cost investors $4.6 million has been sentenced to 10 years in federal prison.
Southern California’s housing market could be normalizing following the apparent exit of big investors, according to one industry analyst.
What started as a weekend project with Dave March and his son has turned into one for the record books.
Will Smayda from Merrill Edge visited KCAL9 Monday to talk about retirement plans for 2012. Smayda shared new developments that can help investors better prepare for retirement.
California’s economy may improve if Facebook stock goes public. Sources say the world’s largest social networking site is preparing for an initial public stock offering.
Jodie Foster’s estranged father is facing criminal charges in an alleged housing scam in the San Fernando Valley.
In the world of personal finance, it’s not just a matter of determining if the glass is half-full or half-empty, but whether you should be drinking at all.
The FBI is investigating whether a Seal Beach real estate saleswoman bilked dozens of investors out of thousands of dollars each while using a software program to make intimidating calls to keep them quiet.
A West Covina woman who promised investors up to 20 percent returns on their money has pleaded guilty in a nearly $7 million real estate and small business Ponzi scheme.
Thanks to a slumping housing market, investors from Hong Kong and Singapore scooped up the site for a hefty savings from its 2007 sale price of about $500 million.