Riverside Abstract Fraud Allegations

A massive fraud scheme allegedly orchestrated by Riverside Abstract and law firm Nussbaum Lowinger is unfolding, with clients now demanding hundreds of millions after discovering their escrow funds were stolen and used to inflate fake real estate deals. Starting in 2018, the duo allegedly flipped properties at inflated prices, used client money to fake transactions, and funneled illicit profits through charities and kickbacks — even exploiting tax-deferred exchange programs and lending client funds at high interest. The operation unraveled when clients demanded their money back, the firm shut down, and a key figure died — now authorities are investigating and Riverside is blacklisted from major mortgage lenders. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/90cd4994f190e466