Thursday, October 29, 2020

East Bay Real Estate Agent Sentenced Six Years In Prison For Multimillion Dollar Property Scheme

East Bay Real Estate Agent Sentenced Six Years In Prison For Multimillion Dollar Property Scheme 1
By Olaalpha

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East Bay Real Estate Agent Sentenced Six Years In Prison For Multimillion Dollar Property Scheme 2

Robert Jacobsen was sentenced today to 78 months in prison for wire fraud and money laundering.  Jacobsen, 70, of Kensington, Calif., pleaded guilty to the charges on July 19, 2017. According to his plea agreement, Jacobsen admitted he created a scheme to sell homes to unsuspecting buyers who did not know the homes had unpaid mortgages attached to them.[…]

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