July 16, 2026 - 17:33

A Las Vegas real estate agent has been ordered to serve 18 months in federal prison for orchestrating a scheme that defrauded the government out of roughly $15 million through bogus pandemic-era tax credit claims, according to federal prosecutors.
The woman, whose name was not disclosed in the initial report, submitted fraudulent filings for employee retention tax credits, a program designed to help businesses keep workers on payroll during the COVID-19 pandemic. Prosecutors said she fabricated payroll records and claimed nonexistent employees to inflate the refunds she received from the Internal Revenue Service.
The scheme ran for several months during the height of the pandemic, when the government was rapidly approving relief applications to keep the economy afloat. Investigators uncovered the fraud after noticing patterns of suspicious claims tied to the same individual. Court documents showed she used the money for personal expenses, including luxury purchases and real estate investments.
In addition to the prison sentence, the court ordered her to pay full restitution to the IRS. The case is part of a broader crackdown by federal authorities on pandemic relief fraud, which has resulted in hundreds of convictions nationwide. Prosecutors noted that the defendant exploited a system meant to help struggling small businesses, and her actions undermined public trust in emergency aid programs.
The sentencing sends a clear message that pandemic-related fraud will not be tolerated, officials said. The investigation was conducted by the IRS Criminal Investigation division.
July 16, 2026 - 07:30
North Fork house of the week and real estate transfers: July 15, 2026This week`s featured property is a four-bedroom, three-bathroom colonial home situated on a quiet cul-de-sac in Mattituck. Built in 2004, the house offers 2,800 square feet of living space with a...
July 15, 2026 - 21:59
Data Center Backlash Will Help These REITs, Wall Street SaysThe rapid expansion of artificial intelligence has fueled a massive boom in data center construction across the United States. While this surge has provided a significant lift to the economy, it...
July 15, 2026 - 01:41
What is the Real Estate Value of the Neighboring Habitable Planet GJ 3378 b?A newly confirmed rocky world just 25 light-years from Earth has sparked fresh curiosity, not just for its scientific potential, but for its hypothetical real estate value. GJ 3378 b, a terrestrial...
July 14, 2026 - 20:45
Christie's Real Estate Opens Doors to Local Art in AspenChristie`s International Real Estate Aspen Snowmass is turning its showroom into a gallery space for a new local art exhibition. The event brings together works from artists based in the Roaring...