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  • FTC Alleges Major Real-Estate Scam

    LendingTree
    LendingTree

    The Federal Trade Commission announced a law-enforcement action on Thursday against a residential resort development in Belize, calling it “the largest-ever overseas real-estate investment scam” the agency has ever targeted. At a news conference in Washington, the agency said the development, known by names that include Sanctuary Belize, Sanctuary Bay and the Reserve, bilked about 1,000 investors, mostly Americans, out of over $100 million….

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