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From 2017 by way of this 12 months, Kralik allegedly funneled greater than $1.6 million of investor money into a Mercedes-Benz, paying off his house mortgage and Mexico trip. If it feels like there’s been plenty of bad actors in real estate this yr, well … there was. From coast to coast, distinguished figures within Real Estate news the business have been charged with crimes, sued in critical cases and more. No market has been spared from these controversial figures. With Lofty, the award-winning, AI-powered platform for real estate professionals. Customer Referrals Lofty clients can earn up to $1000 in prompt rewards for each profitable referral.