Real Estate Scam: 11-Year Prison Sentence

Quick Answer: Eric Farrington, a real estate “guru” who sold get-rich courses and seminars, received an 11-year federal prison sentence for fraud. His co-conspirators received 46-57 month sentences, with the group ordered to pay millions in restitution and forfeitures.In April, 2011 I wrote about Eric Farrington who was a get rich in real estate “self-made …

Read more

Fraud Busters Inc: Myth vs Reality

Quick Answer: The Better Business Bureau originated in 1911 from Sam Dobbs’ crusade against deceptive advertising after witnessing his company’s attorney claim “all advertising is exaggerated.” Dobbs, president of Associated Advertising Clubs of America, traveled 50,000 miles nationwide establishing organized consumer protection against fraudulent business practices.Fraud Busters, INC.By Harry T. BrundidgeSo you’ve been gypped!Were you …

Read more

Eric Farrington Wealth Seminars: Myth vs Reality

Quick Answer: Eric Farrington’s wealth building seminars were fraudulent schemes, as he was convicted on 32 counts including bank fraud, wire fraud, and money laundering in 2008. Despite claiming he turned $750 into a 1000-unit apartment complex purchase while homeless, Farrington used his Dallas-based seminars and associated companies to perpetrate real estate scams targeting pre-foreclosure …

Read more