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Analysis Of Chapter 7 Real Estate Principles

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Analysis Of Chapter 7 Real Estate Principles
In Chapter 7 of our textbook, Real Estate Principles by Charles J. Jacobus, we learned about real estate fraud and many cases of fraud, as well as the statute of limitations and its purpose. In this particular case, a former real estate agent named Donald Johnson was convicted of 17 felony counts of selling unregistered securities and also selling securities without the proper registration. He was charged with swindling money from former clients, co-workers and even some church members out of hundreds of thousands of dollars by illegally acquiring their money and investing it. An Indiana attorney with the secretary of state’s office cautioned consumers of their drastic consequences if the defendant was found not guilty they were filed after
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